The reason behind the decision to leave the Canadian market was not revealed by Bitstamp. Notably, the exchange follows Binance, OKX, and Bybit which announced their exit from Canada earlier. Luxembourg-based crypto exchange Bitstamp is planning to stop providing services in the Canadian market in January 2024. The deadline for withdrawing customers’ funds is January 8. Afterward, Bitstamp will deactivate Canadian users’ accounts. The announcement was shared by Bobby Zagotta, Bitstamp’s US...
Read More »Bybit to Suspend UK Operations in Response to FCA’s New Rules
The recent decision by Bybit to suspend its operations in the United Kingdom is not an isolated incident within the crypto industry. In a sudden turn of events, crypto exchange Bybit has announced its decision to suspend its operations in the United Kingdom. This move comes just a week after the company expressed its commitment to explore all available options to continue operating within the country. Bybit Exchange’s Proactive Response to FCA The company has outlined a timeline for these...
Read More »Bybit Pledges Commitment to Stay in UK amid Changing FCA Rules
Bybit’s approach is grounded in cooperation and compliance, seeking to create a harmonious relationship with UK regulators and authorities. Bybit, a prominent crypto exchange remains steadfast in its commitment to stay in the United Kingdom with CEO Ben Zhou reiterating that “leaving the UK is not part of our current strategy”. The New Regulatory Landscape in the UK Crypto has been the subject of intense scrutiny by regulatory authorities around the world. The UK is no exception, and its...
Read More »Bybit Likely to Exit U.K. Following New Regulations
With new marketing regulations set to take effect in the United Kingdom next month, crypto exchange Bybit doesn’t expect to be able to continue operating within the country. The exchange’s CEO, Ben Zhou, claims that any crypto firm within U.K. borders may be held accountable for solicitation simply for using the English language. Troubles With New Marketing Rules As reported by The Block, Zhou said regulation is becoming “more strict,” and that the exchange will likely have...
Read More »Bybit Launches TradeGPT to Enhance Its Trading Tools
Bybit introduces TradeGPT, an AI tool merging ChatGPT’s language model with real-time data for market insights and user assistance. It is free for all users. Cryptocurrency exchange Bybit has announced the launch of “TradeGPT”, a new AI-powered trading tool. This new assistant combines the power of ChatGPT’s language model with sophisticated real-time data from the Bybit platform. According to Bybit’s statement, TradeGPT will make it easier for users to access updated market analyses and...
Read More »OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why
CoinspeakerOKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why The spotlight recently came on sanctioned Russian banks after they were spotted as payment options on some top crypto exchanges. OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why
Read More »Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
CoinspeakerMemecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. Memecoin Frenzy Hits Coinbase-backed Base with Increased Risks of Rug Pulls
Read More »Binance, Bybit, OKX and Other Crypto Exchanges List Newly Launched Worldcoin (WLD) Token
CoinspeakerBinance, Bybit, OKX and Other Crypto Exchanges List Newly Launched Worldcoin (WLD) Token The WLD token is experiencing a remarkable start, gaining significant attention among crypto exchanges. Binance, Bybit, OKX and Other Crypto Exchanges List Newly Launched Worldcoin (WLD) Token
Read More »Canadian Police Warns Public on Crypto Investors’ Home Robberies
CoinspeakerCanadian Police Warns Public on Crypto Investors’ Home Robberies The recent wave of home invasion-style robberies targeting high-value cryptocurrency investors in Richmond and Delta has raised major worries about the crypto community's safety. Canadian Police Warns Public on Crypto Investors’ Home Robberies
Read More »Bybit Announces World Series of Trading with $8 Million in Prize Pool
Crypto exchange Bybit unveiled the ‘2023 World Series of Trading (WSOT),’ the registration of which will commence on July 13. The event is in its fourth edition and will feature a prize pool of up to $8 million worth of USDT. It also includes a live stream giveaway on August 24, offering traders the chance to win Rolex Explorers and Huracan Evo Spyder Lamborghinis. Bybit’s All-Star Showdown for Elite Crypto Traders According to the official press release, the window for...
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