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Tag Archives: asic

Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

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eToro erhält CASP-Registrierung (Crypto Asset Service Provider) von CySEC

eToro, die Trading- und Investmentplattform, hat heute bekannt gegeben, dass ihr Antrag auf Registrierung unter dem CySEC CASP (Crypto Asset Service Provider) Register genehmigt wurde. Damit macht eToro den bestehenden Bitcoin-Börsen konkurrenz. Die Registrierung versetzt eToro in die Lage, regulierte Krypto-Dienstleistungen in allen EU-Ländern auf grenzüberschreitender Basis über eine einzige Einrichtung, nämlich eToro (Europe) Digital Assets Ltd, anzubieten, sobald die EU-Verordnung über...

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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

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Binance Announces Exit from Netherlands after Failing to Secure VASP License

The official Binance exit from the Netherlands follows the exchange’s inability to secure an official license with Dutch regulators. Binance has announced its exit from the Netherlands. According to an official publication, the world’s largest crypto is leaving the Dutch market as it has been unable to secure a license as a virtual asset service provider (VASP). In the exit announcement, Binance notes it will no longer accept new users in the Netherlands with immediate effect. Also, apart...

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Australia’s ASIC Revokes Binance Exchange’s Crypto Derivatives License

In its bid to ensure all consumers are adequately protected from any form of market disadvantage, ASIC has consistently warned residents of the dangers associated with dealing in highly speculative assets like crypto. The Australian Securities and Investments Commission (ASIC) has revoked the license granted to crypto outfit Binance Exchange through its local subsidiary Oztures Trading Pty Ltd to operate as a derivatives broker. According to a press release from the regulator, the...

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ASIC Targets Qoin Cryptocurrency, Alleges It Made False Statements

The Australian Securities and Investment Commission (ASIC) is suing the Gold Coast-based digital currency Qoin. In court documents, the financial watchdog alleges that the crypto platform made either “false” or “misleading” representations when it marketed itself to roughly 80,000 traders. ASIC Is Eying Qoin Among the company’s statements that ASIC claims are untrue was one that Qoin could be traded for several other cryptocurrencies or for the Australian dollar via...

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Australia’s ASIC Is Seeking to Regulate Crypto

The Australian Securities and Investments Commission (ASIC) is expanding its digital currency team and says it’s looking to impose more regulation on crypto assets and their respective users, thus making it hard to sell digital currencies within Australia. ASIC Is Going to Be Tough on Crypto Under the new rules, all digital currencies would be classified as “financial products.” The decision comes after Ethereum – the world’s second largest digital currency by market cap...

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