Customers of the FTX cryptocurrency platform who were affected by the bankruptcy will begin to receive their money refunded at the end of 2024.
This was recently agreed by the joint official liquidators of FTX Digital at a meeting in the Bahamas.
The bankruptcy of the cryptocurrency platform…
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Earnings from cryptocurrency exchanges reached record levels in February
Trading of cryptocurrency platforms such as Deribit, Coinbase and Greeks.live reached a record level in February this year, according to recent reports.
The aforementioned cryptocurrency exchange platforms gave record transaction referrals…
Coinbase will charge fees on large USDC changes
Coinbase, the US exchange with global reach, announced that it will apply new fees to institutional clients who exchange dollars for the stablecoin USD Coin (USDC), provided they are dealing with large-volume transactions.
The Coinbase…
Swiss bank offers custody of bitcoin and ether
Swiss cantonal bank St. Galler Kantonalbank (SGKB) announced the launch of its bitcoin and ether trading and custody service in strategic partnership with SEBA Bank.
The SGKB is the fifth-largest cantonal bank in the European country. The…
US prosecutors requested restrictions on Sam Bankman-Fried trial
US prosecutors asked the court presiding over Sam Bankman-Fried's trial to prohibit his legal team from presenting any arguments related to the possible recovery of FTX clients' assets invested in Anthropic.
In April 2022, Bankman-Fried…
Binance.US assets will not be blocked
The Federal Court ruled that Binance.US funds will not be frozen, thus dismissing the request filed by the SEC. The judge in charge of the case considered that this measure was not necessary, since no evidence was found that the CEO of…
Binance denied that it has mismanagement of its funds
Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report…
Itaú Unibanco will offer custody of cryptocurrencies in 2023
The Brazilian bank Itaú Unibanco announced this week that it is preparing the cryptocurrency custody service through its Itaú Digital Assets unit. The service would be available to the entity's clients from 2023, and then it would be open…
Mitsubishi UFJ Group to open headquarters in the metaverse
Japan's leading bank, Mitsubishi UFJ Group, recently announced that from 2023 its clients will be provided with innovative financial services from the metaverse.
The information was released after the financial institution reached a…
US financial regulatory agency investigates crypto fraud
The US financial regulatory Commodity Futures Trading Commission (CFTC) has requested an investigation into a South African speculative platform and is demanding that it restore $1.7 billion deposited in crypto by its clients.
The Mirror…
Coinbase CEO Ensures Protection of Business Funds
Coinbase CEO Brian Armstrong recently assured that customer funds on the platform are lly protected "as they always have been."
This clarification comes in the midst of a revelation made on social networks, where it was suggested that…
Bancamiga multiplies its top-up services to get even closer to consumers
Innovation is one of the main pillars of Bancamiga, the only financial institution that offers at its points of sale the possibility of recharging services with the advantage of generating profits for those who offer this facility to the…