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Los Angeles, CA, 14th August 2024, Chainwire

Kazakhstan has identified and shut down ABS Change, a platform that was illegally trading cryptocurrencies. Three Kazakhstani citizens have been charged with running the exchange, which has been operating without a license since 2021. ABS Change, a...

Regulatory crackdown on crypto exchanges seems to be the new trend now. While the XRP-SEC lawsuit continues, other crypto-based institutions settled litigations. Crypto derivatives exchange BitMEX reached an agreement with the U.S Commodity Futures...

U.S Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against crypto exchange BitMEX’s co-founders Arthur Hayes, Ben Delo, and Samuel Reed and accused them of operating an “unregistered trading platform” and for violating...