Binance Australia customers seen selling bitcoin at a discount - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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Decentraland: This is a 3D world in which players can buy up virtual land, build on it, and rent or sell it to other players. Yuga Labs Announces Workforce Reduction Amid NFT Market Slump Binance Australia customers seen selling bitcoin at a discountAnd non-Chinese residents can also use QR codes from Alipay and UnionPay to make payments in Mainland China “through some overseas wallets.” With Hong Kong’s recent introduction of a regulatory licensing program for digital asset operators, there’s been a surge in interest from various players, especially cryptocurrency exchanges.

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Source: AdobeThe U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading.According to an official statement released on Thursday, these allegations stem from the utilization of blockchain-based protocols and smart contracts by the three firms to function as trading platforms, a practice that the CFTC deems unlawful. In response, the CFTC has issued cease-and-desist orders to Opyn, ZeroEx, and Deridex while imposing financial penalties. Opyn faces a penalty of $250,000, ZeroEx $200,000, and Deridex $100,000. All three companies have chosen to accept these terms as part of a settlement to resolve the charges.CFTC Accuses DeFi Protocols of Offering Leveraged and Margined Retail Trading CFTC Director of Enforcement Ian McGinley underscored the regulator's stance on DeFi activities, stating, "Somewhere along the way, DeFi operators got the idea that unlawful transactions become lawful when facilitated by smart contracts. They do not."The CFTC's familiarity with ZeroEx could be attributed to its employment of Jason Somensatto, who joined the agency's financial technology research division in 2021 after his tenure at 0x Labs. He currently serves as the Head of Policy in North America for Chainalysis.The allegations against all three companies center on their illegal offerings of leveraged and margined retail commodity transactions using digital assets, according to the CFTC.Opyn, primarily associated with the oSQTH token, faces additional charges related to failing to properly register as a swap execution facility, designated contract market, and futures commission merchant. The company also neglected to establish a customer identification program in compliance with Bank Secrecy Act requirements. Deridex, based in North Carolina, faces similar additional violations.Opyn, ZeroEx, Deridex Cooperate with CFTC to Settle ChargesDespite these allegations, Opyn, ZeroEx, and Deridex are said to have cooperated fully in the CFTC's investigation, leading to reduced financial penalties as part of the settlement.An account linked to the 0x app Matcha announced on Thursday that "both 0x and Matcha continue to operate with no problem."One CFTC commissioner expressed dissent regarding the enforcement actions. Commissioner Summer Mersinger raised concerns about the lack of evidence of customer funds misappropriation or victimization by the DeFi protocols targeted by the CFTC's enforcement actions. She called for greater engagement with the public rather than punitive measures in cases like these.DYDX Token Receives Full Community Support for dYdX Chain Integration Rising Rates Gives New Life to Interest-Bearing Stablecoins Coinbase closes at $328.28 per share in Nasdaq debut, valuing crypto exchange at $85.8 billionSubQuery, a prominent blockchain developer, just announced its full integration of zkSync Era. Developers in the zkSync Era deserve credit for integrating SubQuery’s improved data indexing. This integration could boost workflow, efficiency, and blockchain adoption. Bitcoin, the world's largest cryptocurrency, is trading at $27,392 at the time of writing this article and is preparing for a significant upward trend, according to the famous cryptocurrency analyst Michaël van de Poppe.

Despite being a relatively new entrant in the crypto market, Archax has already made significant strides. In July, the company introduced a crypto custodian service, a primary issuance service, and a tokenization engine aimed at supporting start-ups and early-stage businesses in raising capital. The next time the market changes its mercurial mind, such individuals may find themselves to be designated as the friendly neighborhood crypto expert. “Each cycle, you have new users coming into the space,” Kain Warwick says, adding that those new users often find out about crypto from someone they know. Money Transmitter Act Guidance for Virtual Currency ...As for achieving the milestone, Axie Infinity believes the platform is growing by 1% daily. Moving forward, Axie Infinity is working to launch the Lunalog Catalog. While a lot of details have not been made public, it has been assured to the community that the Lunalog Catalog will be a major upgrade to the present layout of App.Axie. More pieces of information about the Lunalog Catalog are expected to be made public soon. In an interview with Decrypt, Coinbase Chief Legal Officer Paul Grewal hinted at the potential for the Base network to issue tokens in the future but emphasized that the focus now is on regulatory clarity.

Refusal to Talk Over Phone/Video Chat Deciding to work with co-founders Eddequiouaq and Faizullabhoy was an easy choice, Simpson says. “I wish it were always this easy. We had the chance to work with Nass and Riyaz super, super closely because they were literally on our team.” And so while for VR46 Metaverse, the goal is to increase existing activations on other Web3 and metaverse platforms, for the other two the goal is to expand into the automotive and motorsports segments. Binance was fined $3.4 million by the Dutch central bank in July 2022 and Coinbase was also fined €3.3M in January 2023 for failing to comply.

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