Paxos is the issuer of a Binance-branded stablecoin that ranks as the third-largest, as well as its own stablecoin called Pax Dollar, the sixth largest.
February 13, 2023The DNB said Coinbase was offering services to Dutch users before it was formally registered as required by local laws.
January 27, 2023FTX's replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.
January 25, 2023Bappebti is seeking to establish a new crypto exchange for Indonesian users before its regulatory powers over the sector are transferred to the OJK.
January 9, 2023The SEC may be concerned about a possible co-mingling of funds between Binance's US and global entities to fund the acquisition.
January 8, 2023Mazars and Armanino have stopped serving clients in the crypto sector. BDO is reconsidering its approach to the sector.
December 21, 2022BlockFi said its liquidity crisis was due to its exposure to FTX as well as cryptocurrencies held on FTX's platform that became trapped.
November 29, 2022While both Binance and FTX are not licensed Singapore, only Binance was “actively soliciting users” in Singapore, so it was added to the Investor Alert List.
November 23, 2022Restructuring specialist John J Ray says FTX's failure is the worst he has ever seen, citing control failures and the "complete absence" of trustworthy financial information.
November 18, 2022MAS said FTX is neither licensed nor exempt from licensing in Singapore. Hong Kong's SFC said licensed fund managers' exposure to FTX is "immaterial".
November 15, 2022