Bitcoin News / Bitcoin.com - 2 years ago
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorn...
Cryptocoins News / The Cointelegraph - 2 years ago
The regulator "will not hesitate to take whatever actions are necessary against any company that thinks they are above the law," said Letitia James. The New York Attor...
Bitcoin News / Bitcoin.com - 2 years ago
The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer...
Bitcoin News / Bitcoin.com - 2 years ago
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchang...
Cryptocoins News / CoinJournal - 2 years ago
The order to shut down trading app Coinseed was given by New York's Supreme Court
Coinseed, a cryptocurrency trading platform that allegedly converted its customers' funds into the meme coin Dogecoin without informing them, has been asked to permanen...
Bitcoin News / Bitcoin.com - 2 years ago
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect ho...
Cryptocoins News / CoinJournal - 2 years ago
Delisting of smaller altcoins and exchange shutdowns could see investors lose more than $2.6 billion
Almost two-thirds of cryptocurrency exchanges in South Korea could shut down for non-compliance with new regulatory requirements, the Financial Times...
Cryptocoins News / The Cointelegraph - 2 years ago
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators. The deadline for South Korean crypto exchanges to...
by COINS NEWS - 2 years ago
The U.S. Securities and Exchange Commission has moved to shut down the latest Moon distribution, claiming the official token of the cryptocurrency subreddit is, in fact, a security. The SEC has threatened Reddit with legal action should the latest di...
Bitcoin News / Bitcoin.com - 2 years ago
South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for all crypto exchanges to comply with the country’s reg...
Cryptocoins News / The Cointelegraph - 2 years ago
Sources claim that several mid-sized crypto exchanges in South Korea will be unable to get approval from the FSC. South Korea’s top financial regulator, the Financial...
Cryptocoins News / The Cointelegraph - 2 years ago
The crypto exchange has been served with a notice to stop offering its services in the country. Malaysia is the latest regulatory theater to come after Binance as auth...