Crypto.com is restricting the Tether stablecoin (USDT) trading services in the Canadian region. This is seemingly the follow-up action by the largest crypto platforms after the Pre-Registration Undertaking (PRU) with the Ontario Securities Commission (OSC). And, Crypto.com will delist the USDT from 31st Jan 2023. crypto dot com to delist
On December 21st, Crypto.com had an NFT campaign prohibited by the Advertising Standards Authority (ASA), the UK’s advertising authority. A sponsored Facebook ad for the crypto platform was reported by ASA. The agency said in a press statement that it didn’t adequately warn about the potential downsides of investing in
Crypto.com, a cryptocurrency trading platform, has been granted a Payment Institution License (EMI) by Brazil’s Central Bank. The approval means the company may keep providing its services and goods related to digital assets to citizens of the South American nation. CEO Kris Marszalek recently said that Crypto.com is “incredibly proud”
It is now possible for consumers to confirm that their crypto assets are completely backed (1:1) on Crypto.com’s platform, which is trusted by more than 70 million clients worldwide and is the market leader in regulatory compliance, security, and privacy certifications. Mazars Group, a well-known global audit, tax, and consultancy
Turkey is a crucial expansion region for Crypto.com, the world’s top cryptocurrency platform for licenses, registrations, and security certifications. As a result, the company is constantly adding new products and services for its customers there. Recently, Crypto.com announced the release of a Turkish Lira (TRY) Fiat Wallet for Crypto.com App users
After the demise of FTX, rumors of instability at Singapore’s Crypto.com exchange have increased. The value of its native currency, Cronos, has fallen as a result of this uncertainty. However, the company’s CEO has publicly addressed investor concerns. The CEO of Crypto.com, Kris Marszalek, participated in a live-streamed Ask Me
A really tough time for the crypto exchanges all over the world. With numerous customers withdrawing their assets, exchanges are shutting down one by one. A major reason owes towards the collapse of FTX crypto exchange. In such terms, many exchanges are now targeted by the investors upon the safety
Following the major cryptocurrency exchange FTX’s insolvency, another centralized crypto exchange Crypto.com revealed that unknowingly it had transferred 320,000 ETH, or about $400 million at the time, to a public address that is registered at a rival exchange. According to Etherscan, the block explorer, Crypto.com sent funds equivalent to about
After FTX’s demise, top cryptocurrency exchanges were urged to publish their cold and hot wallet addresses as evidence of reserves to reduce risks and boost investor trust. There was a suspicious movement of 320,000 Ethereum to a wallet address associated with Gate.io on October 21, 2022, as shown by data
As crypto.com transitions to Proof Of Reserve, the development occurs, and the preliminary audit shows that Shiba Inu owns 20% of the assets. As the FTX collapse forces every firm to focus on transparency. The majority of firms are shifting to make the firm transparent. As a result, Crypto.com was
