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The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship with co-founder Sam Bankman-Fried (SBF) of FTX. Before his role at FTX US, Harrison worked with SBF at Jane Street and prior to joining FTX, he worked for Citadel Securities. In the Twitter … Read more
New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed. Meanwhile, Bitstamp has been green-lighted to offer the trading of five cryptocurrencies in the state. Also read: Indian Supreme Court Postpones Crypto Case at … Read more
A leading industry organization in Russia has decided to establish an arbitration body to look into disputes within the digital economy, including matters related to cryptocurrency transactions, as well as rights and responsibilities in token sales and the implementation of smart contracts. Also read: Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years Industry Organization … Read more
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based … Read more
This Friday the decentralized marketplace Openbazaar announced the release of its 2.2.2 version which adds a variety of new features and improvements. One particular feature added to the latest Openbazaar release allows users to trade 1,500+ cryptocurrencies with no fees. Moreover, all the swaps are peer-to-peer trades between two parties with no KYC process. Also … Read more
