# S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

# S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

” S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures “ Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year. The agency confirmed the downgrade in a note on Thursday, pointing toward…

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# Dutch authorities arrest suspected Tornado Cash developer

# Dutch authorities arrest suspected Tornado Cash developer

” Dutch authorities arrest suspected Tornado Cash developer “ Authorities in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash. The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced on Friday an…

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# Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada

# Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada

” Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada “ It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada’s then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his…

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# SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

# SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

” SBI Group reports investee getting CFTC approval for OTC derivatives trading in US “ The United States subsidiary of electronic trading platform developer Clear Markets has reportedly received approval from the Commodity Futures Trading Commission, or CFTC, to offer over-the-counter crypto derivatives products with physical settlement. In a Tuesday notice, SBI Holdings — a…

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# Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

# Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

” Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee “ On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,” with no timeframe for resumption. In explaining the decision, Hotbit stated: “A former Hotbit management employee who left in April this year was,…

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