Japan FSA warns four exchanges to cease operating without licensing

Ad The Japan Financial Services Agency (FSA) has warned four cryptocurrency exchanges — including ByBit, BitGet, MEXC Global, and Bitforex — to cease offering service to country residents until they obtain the right licenses. According to the notice, the exchanges must register in the country before conducting their operations. Meanwhile, this is not the first…

ByBit CEO clarifies Mirana exposure to bankrupt Genesis

Genesis Broker, Exchange, Lending Company in North America Genesis is an institutional digital asset markets and a full-service digital currency prime brokerage  providing a single point of access for select qualified individuals and global institutional investors. More about Genesis Info Twitter LinkedIn

Crypto trading volume plunges to 18-month low, Coinbase feels the pinch

Cryptocurrency trading volumes fell to their lowest point since 2020 at the end of June due to current market conditions, Bloomberg News reported. The report cited data from CryptoCompare to reveal that derivatives and spot trading volumes have fallen over 15% since May across crypto exchanges. Spot trading volume was down 28% on a monthly…

Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Ontario Securities Commission (OSC) has conducted two successful enforcement actions against Bybit and Kucoin. The market regulator said in June 22 release that Bybit and KuCoin both operated unregistered crypto trading platforms and allowed Ontario residents to trade securities. Heavy…