trading firms
Trading firms identified as Binance VIP clients in CFTC lawsuit
Three trading firms, Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's VIP clients in the CFTC lawsuit. The firms allegedly received preferential treatment from Binance, including lower transaction fees and faster trading services, while providing liquidity to the exchange.
Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up
As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.
Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error
Malicious actors gained control of domains owned by several cryptocurrency firms after tricking GoDaddy employees.
UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms
The UK’s FCA has just announced a “temporary registration regime” which allows crypto firms who have previously applied to continue operating until July 2021.
US SEC Releases List of Suspicious Crypto Firms Targeting International Investors
The US SEC has issued a list of fake crypto firms that majorly target non-US investors. The regulator has warned investors to beware of “red flag” signs of potential crypto fraud.
JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia
JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.
Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live
Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).
Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.
Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms
Thailand’s Securities and Exchange Commission has made an upward review of its net capital requirement for the securities firm in the country with crypto ties.
BlackRock Filings Signal the Giant Asset Management Firm Could Start Bitcoin Futures Trading
Blackrock investment management giant has filed documents with the SEC suggesting that the firm is set to dive into the crypto futures trading.
India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court
The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.
U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls
U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.
Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause
Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.