Researchers Rank Cryptocurrency Exchanges by How Secure They Are
Prominent cyber-security firm Group-IB has graded the security of online cryptocurrency exchanges, as a means of assessing insurance risk. It found long-standing platform Kraken to be the most secure, with OKEx, Huobi Pro, and CoinCheck among the riskiest. Alongside IT platform CryptoIns, Group-IB claims to have developed the world’s first assessment system for determining the […]
Hong Kong’s Regulator Mulling Over New Rules for Cryptocurrency Exchanges
Hong Kong’s Securities and Futures Commission (SFC) is exploring ways to regulate the various cryptocurrency trading platforms already operating in the city and thus tighten investor protection, says its outgoing chairman Carlson Tong Ka-shing. His chief sensitivity, however, he told South China Morning Post, is that the SFC is technically restricted by its legal regulatory […]
India’s Supreme Court to Hear Final Arguments on RBI Ban on Cryptocurrency Exchanges
India’s Supreme Court will hear final arguments on petitions challenging the virtual ban imposed by the Reserve Bank of India (RBI) on cryptocurrency exchanges today. In April this year, the RBI had asked regulated entities to not get involved with cryptocurrency traders, firms, or individuals, imposing a virtual ban. The RBI decision was challenged by cryptocurrency […]
Binance and Kraken May Be Operating Unlawfully in New York
New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services (NYDFS) for potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released earlier today by the Office of the New York […]
