FTX to Sell Cryptocurrency Derivatives Platform LedgerX to Miami International Holdings for $50M
FTX, a bankrupt crypto exchange, has agreed to sell its cryptocurrency derivatives platform LedgerX to Miami International Holdings for $50 million. The sale is still subject to customary closing conditions, including approval from US regulators. The deal is expected to be approved during a sa ...
US Commodity Futures Trading Commission Calls for End to Anonymity of Crypto Assets
The US Commodity Futures Trading Commission has called for an end to the anonymity of crypto assets, citing concerns over cybercrime and national security. Speaking at a conference in London, CFTC Commissioner Christy Goldsmith Romero highlighted the risks posed by cybercriminals using anonymous ...
Binance.US Struggles to Find Banking Partner to Manage Customer Funds
The US arm of Binance, a major cryptocurrency exchange, is facing difficulties in finding a bank to manage its customers' funds, according to the Wall Street Journal. Signature Bank and Silvergate Capital were previously used by Binance.US, but they have stopped working with the exchange. The ...
ASIC Revokes License of Oztures Trading, Binance Australia Derivatives Brand
The Australian Securities and Investments Commission (ASIC) has taken action against Oztures Trading, a provider of cryptocurrency derivatives under the Binance Australia Derivatives brand, by revoking its financial services license. Following an audit by ASIC experts to ensure compliance with lo ...