Regulation
Paxful shuts Bitcoin exchange due to regulatory challenges, staff departures
Paxful Bitcoin exchange announced the indefinite suspension of the marketplace on Tuesday, citing regulatory challenges and staff departures.
Forkast.News
Archive
Regulation
Archived coverage · Forkast crypto archive
-
-
Regulation
Singapore’s Alchemy Pay eyes South Korea expansion with US$10 mln funding
Alchemy Pay is eyeing expansion in South Korea following its US$10 million funding from blockchain investment firm DWF Labs.
Danny Park
-
Regulation
Japan’s FSA steps up crypto regulation with warnings to Bybit, other exchanges
Cryptocurrency exchange Bybit has been ordered to comply with Japan's regulatory requirements and cease offering services to Japanese residents, after Japan's Financial Services Agency issued a warning to the company over its registration process
Forkast.News
-
Regulation
S.Korea to expand probe on token listing bribes if it sees ‘more evidence’
Taking bribes in exchange for listing cryptocurrencies has been common practice among South Korean exchanges, one expert told Forkast.
Danny Park
-
Regulation
Bittrex crypto exchange to shutter U.S. operations due to regulatory uncertainty
Seattle-based crypto exchange Bittrex, Inc. will wind down its U.S. operations from April 30, citing continued regulatory uncertainty in the region.
Danny Park
-
Regulation
Japan’s finance ministry to launch panel to assess digital yen: NHK
Japan's Finance Ministry is reportedly planning to launch an expert panel next month to assess the feasibility of issuing a digital yen, according to NHK.
Forkast.News
-
Regulation
Hong Kong may license at least 8 crypto firms by year-end: former SFC regulator
Hong Kong may issue virtual asset trading licenses to at least eight cryptocurrency-related firms by the end of this year as part of the city’s new crypto licensing regime, said Angelina Kwan, chief executive officer of financial services firm Stratford Finance and a former regulator of the Hong Kong Securities and Futures Commission.
Timmy Shen
-
Regulation
Binance denies China ties, says it started relocating staff out of China in 2021
The Binance comments came in response to a Financial Times article that cited internal documents and said the company had close ties with China despite claims it had left the country in 2017 following a government crackdown.
Timmy Shen
-
Regulation
SEC charges Beaxy cryptocurrency platform for violating securities laws
The SEC has charged the Beaxy crypto trading platform and its executives for operating as an unregistered exchange, broker, and clearing agency.
Sarah Chang
-
Regulation
Binance concealed ‘extensive’ ties to China: Financial Times
Binance reportedly hid ties to China for years despite claiming to have left the country following Beijing’s regulatory clampdown in 2017.
Valida Pau
