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Tag: VARA

Binance Finalizes Acquisition of Indonesian Exchange Tokocrypto (TKO), Fires 58% of Employees

Binance has finalized the acquisition of Indonesian crypto exchange Tokocrypto, local reports said on Monday. Binance first invested in Tokocrypto in 2020. At...

Top Five Hubs for Crypto Startups

HodlX Guest Post  Submit Your Post   Global venture funding falls 27% year-over-year. The daunting crypto winter makes Bitcoin lose two-thirds of its value. Is there any...

US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices

On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that seeks to establish an...

US Justice Department Wants FTX Fraud Allegations to Be Investigated

"An examiner could—and should—investigate the substantial and serious allegations of fraud, dishonesty, incompetence, misconduct, and mismanagement by the Debtors," DOJ Trustee Andrew R. Vara...

U.S. Trustees Calls Independent Investigation for FTX

FTX’s bankruptcy is the fastest big corporate failure in American history   The United States Trustee has called for an impartial investigation into FTX...

US Justice Department Bankruptcy Watchdog Follows Up On FTX 

The US Department of Justice is seeking an independent investigation of the bankrupt FTX.FTX’s new CEO John Ray says he wishes to recover customer...

FTX was the “fastest” company collapse in American history, says U.S. Trustee.

The United States Trustee who is in charge of the bankruptcy case involving FTX has submitted a motion requesting that the court appoint an...

Crypto exchange company OKX secures registration in Bahamas, opens office in Nassau

OKX, one of the largest crypto exchanges by volume and a leading web3 platform, today announced its registration as a Digital Asset Business in...

Hong Kong crypto firm Q9 Capital gets Dubai provisional approval

Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.

FTX gets green light to operate fully in Dubai

Crypto exchange FTX has received the green light to operate an exchange and clearing house services in Dubai, United Arab Emirates, the firm announced...

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai. The Dubai Virtual Asset Regulatory Authority...

Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX

Dubai's New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTXDubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]

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