UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that…
After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the…
“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds.”
Registered cryptocurrency exchanges in Ontario, Canada, cannot list USDT due to regulatory prohibition.
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a…
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed…
The new disclosure page allows skeptical users to self-verify that their assets are included in the report.
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law.
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022,…