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Crypto exchange Kraken has filed a preregistration undertaking with the Ontario Securities Commission in Canada seeking restricted dealer status. U.S.-based Kraken is already active in Canada and is acting to comply with new guidance.Kraken is registered in Canada as a money services business and has been operating there for over
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A crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the United States Securities and Exchange Commission (SEC) for violating securities laws after failing to file periodic reports.ParagonCoin Limited, a crypto firm focusing on the marijuana industry, had its
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New York state Attorney General Letitia James announced that she has filed suit against cryptocurrency exchange KuCoin after she was able to buy and sell crypto on the exchange, which is not registered in New York. “This action is one of the first times a regulator is claiming in court
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The registration dates for Mt. Gox creditors have been pushed back by another month. According to the announcement, the deadline has been pushed from March 10 to April 10, allowing creditors to file their claim for another month.Along with the extension for the registration deadline, the distribution deadline has been
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Crypto firms are in a race to pass the governance and money laundering checks monitored by the French financial market authority as new EU rules bed in. Source
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Binance is looking to legally expand its global influence and this goal is currently being threatened in countries like the United States. The Binance exchange, the world’s largest digital currency trading platform is set to retry its luck in applying as a payment service provider in Singapore. As reported by Nikkei
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France is hoping to set itself up as a crypto hub, and companies such as Binance and Bitstamp have already successfully registered with France’s Financial Markets Authority (AMF). Registration involves checks on governance and money laundering norms, and is mandatory for all those offering trading or custody services in the
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Faustine Fleuret, president of crypto lobby group ADAN, told CryptoX the enhanced registration procedure was a “much more pragmatic approach” than the Senate's. But, she warned, a new requirement to have resilient and secure IT systems could prove difficult for small companies to meet and for regulators to police. Source
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press release PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank completed its
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Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo's application to register as a virtual asset services provider. Source
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