Russia mulls simplified crypto exchange licensing for banks via notification process: report
Russia's central bank proposed allowing banks to obtain crypto exchange licenses based on their existing banking licenses, Interfax reported.
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Russia's central bank proposed allowing banks to obtain crypto exchange licenses based on their existing banking licenses, Interfax reported.
The VARA alert comes just a couple of weeks after Austria's financial regulator prohibited the European arm of KuCoin from conducting new business.
The regulator warned investors that promotions tied to the exchange are not approved in Dubai and urged residents to verify licensed virtual asset providers.
The crypto exchange said it will begin a phased rollout on March 6 to select users before broader availability.
Orbit allows traders to disclose portfolio data and earn rewards tied to follower engagement in what OKX is touting as a transparency play.
The move comes shortly after Intercontinental Exchange valued OKX at $25 billion and reflects a broader push to combine trading, community and market data in one platform.
The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement.
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