After the commodities agency hands over cryptocurrency assets to the Financial Services Authority (FSA) in 2023, Indonesia plans to launch a cryptocurrency exchange. Bappebti, the Commodity Futures Trading Regulatory Agency, monitors the cryptocurrency and commodity contract exchanges in Indonesia. Didid Noordiatmoko, the interim chairman of Bappebti, has said that the
ANC Pharmacy, the biggest pharmacy chain in Ukraine, has partnered with cryptocurrency exchange Binance to accept cryptocurrency payments from clients. Many times during the previous few months, the exchange has helped the war-torn nation. Shortly after the start of the Russian “special military operation,” it provided digital assets worth $10
Former FTX CEO Sam Bankman-Fried pleaded not guilty to federal charges in New York on Tuesday. SBF charged with conspiracy to commit wire fraud and securities fraud. And also individual accusations of securities fraud and wire fraud, money laundering, and conspiracy to circumvent campaign financing restrictions. At the beginning of
On January 3, 2023, the 34th Division of the Criminal Agreement of the Seoul Central District Court acquitted Lee Jung-hoon, the former head of the South Korean cryptocurrency exchange Bithumb. During his trial, Jung-hoon faced charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. The
On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due diligence on the purchase of Gopax and officially returned to the South Korean market. Among South Korea’s crypto exchanges, Gopax is a strong contender. According to a source with knowledge of the situation. The purchase announcement was
According to Chinese journalist Colin Wu, popular cryptocurrency exchange Huobi will lay off a large chunk of its personnel and reduce the compensation of top employees. Reportedly, the business plans to lay off between 600 and 800 workers, down from its current headcount of 1,200, the report said. Furthermore, the
On Friday, the Securities and Exchange Commission (SEC) of the Philippines issued a notice against the use of unlicensed cryptocurrency exchanges. SEC strongly cautioned and recommended the public not interact with unregistered and unregulated cryptocurrency exchanges, That are accessible and presumed to be functioning in the Philippines, according to a
The Binance-Peg BUSD integration on the TRON network has been completed, the exchange stated recently. The Binance-Peg BUSD trading pair is now available for deposits and withdrawals on the TRON network. The BNB Chain, Avalanche, Polygon, and TRON networks are now all compatible with the BUSD stablecoin. Changpeng Zhao (CZ)
In a statement released on Thursday, the Japanese branch of defunct cryptocurrency exchange FTX said it plans to begin repaying client holdings in February 2023. Liquid Japan is a cryptocurrency trading platform that was recently bought by FTX Trading Ltd in an undisclosed agreement, and FTX Japan has announced that
Ark Invest, headed by Cathie Wood, continued its long-standing dip-buying strategy on Thursday by purchasing an additional 158,116 Coinbase shares (COIN). Based on COIN’s closing price of $34.78, the deal represents roughly $5.5 million in value. As per Ark’s daily trading information, the full purchase went toward the ARK Fintech
