All by tag: Crypto-regulation

Discussions and adjustments to the initiative will continue until March 2024

The initiative is designed to prevent situations similar to the FTX collapse

Rostin Behnam also stated that he considers most cryptocurrencies to be commodities

Previously, Justin Sun’s platform lost $130 million in a hack

As part of the partnership, the company will become the exclusive market maker of the TokenFi platform

Individuals and legal entities must submit documents by March 31 next year

Earlier, to settle the commission’s claims, Binance’s founder paid a $50 million fine

The regulator’s proposal calls for up to two years in prison

On June 1, legislation regulating this type of asset came into force in the country

20 companies have already submitted applications to the regulatory body

Platforms should also warn users about the risks associated with digital assets

In addition, by the end of the year, exchanges will be obliged to keep client assets in a trust