SEC Files Charges Against Crypto Exchange Beaxy
The SEC has accused crypto trading platform Beaxy, its founder Artak Hamazaspyan, and Beaxy Digital of unregistered activities as a securities exchange, broker and clearing agency.
The SEC has accused crypto trading platform Beaxy, its founder Artak Hamazaspyan, and Beaxy Digital of unregistered activities as a securities exchange, broker and clearing agency.
FTX EU has launched a website for its European customers to submit withdrawal requests.
Gemini is reportedly planning to launch an international crypto derivatives platform.
Trader activity on Binance has dropped drastically since the US Commodity Futures Trading Commission (CFTC) initiated a lawsuit against the exchange.
Zhao has denied the accusations against him, stating that the platform does not engage in any form of manipulation and does not trade for profit.
On Sunday, the number of transactions on Binance fell to its lowest amount since July 4, 2022.
A recent report has stated that Binance employees and volunteers have been aiding customers in China to bypass the exchange’s Know Your Customer protocols.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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