Home
Domestic RankingGlobal RankingPopular Brokers RankingAsset RankingScam Broker Ranking
Feedback
Field Survey
Industry NewsMarket QuotesMarket DataRegulatory AuthorityAbout Us
Language
简体中文English繁體中文العربيةDeutschEspañolFilipinoFrançaisहिन्दीBahasa Indonesia日本語한국어PortuguêsРусскийไทยTürkçeاردوTiếng Việt
Scan to Download
Crypto Exchange Regulation Check

The First Bitcoin Spot ETF Could Launch Within the Next 23 Days

Cryptocurrency influencer Crypto Rover posted on X platform stating that the first Bitcoin spot ETF might be launched within the next 23 days. Among the 13 spot Bitcoin ETF applications listed by Crypto Rover, 12 were submitted this year, with the most recent application submitted on December 5th. Only one application was submitted before 2023, which is the Grayscale Bitcoin Trust (GBTC) application, resubmitted on October 19, 2021.　　

2023-12-18Deep Dive

Cathie Wood Sells Some Crypto Assets and Invests in Social Commerce Giant Pinterest

Cathie Wood-led Ark Invest heavily acquired shares of the social commerce company Pinterest on Friday while simultaneously reducing holdings in cryptocurrency-related stocks.　　To detail, Ark acquired a total of 572,445 shares of Pinterest, amounting to approximately $21.39 million. Additionally, Ark also sold 18,962 shares of Coinbase valued at $2.8 million and 12,000 shares of GBTC valued at $409,200.　　

2023-12-18Deep Dive

Venom Foundation Announces Dissolution and Withdrawal from ADGM

Venom Foundation has announced that it will cease its operations in the Abu Dhabi Global Market (ADGM) effective December 14, 2023. As per Section 40 of the 2017 ADGM Foundation Regulations, the dissolution process has been initiated. This decision aligns with its current strategic direction. Venom clarifies that this decision is specific to the current objectives of the Venom Foundation and does not reflect any negative sentiment towards the ADGM environment.　　Its important to note that as of now, Venom has not undergone any token generation event. Any public statements regarding the issuance of Venom tokens by Venom Foundation after a token generation event are inaccurate and not authorized by the foundation.　　

2023-12-18Deep Dive

Data: Bitcoin's Market Value Grew More Than Stablecoins Since the Beginning of the Year

Since the beginning of this year, the Stablecoin Supply Ratio (SSR) has surged from 2.36 on January 1st to 6.74 on December 14th. This indicates a significant increase in Bitcoins market value compared to that of stablecoins.　　SSR is calculated by dividing the market value of Bitcoin by the market value of major stablecoins. It serves as an indicator of the relative financial strength and purchasing power of stablecoins against Bitcoin. On December 8th, the SSR reached its peak for the year at 6.93.　　

2023-12-18Deep Dive

SBF's Lawyer: FTX Fraud Case 'Highly Unlikely' to Win from the Start

The lawyer responsible for the criminal defense of SBF (Sam Bankman-Fried) admitted that the case was “virtually unwinnable” from the beginning. David Mills, a professor at Stanford Law School, stated in an interview that SBF repeatedly deviated from his legal strategy, including how to handle challenging questions posed by the prosecutor during questioning. Mills added, “He might be the worst cross-examiner Ive ever seen.”　　He believes that if SBF had performed better, the jury might not have concluded that he stole billions of dollars from FTX customers—and the jury reached a guilty verdict within a few hours. Mills stated that the judges pre-trial rulings and strong testimony from prosecution witnesses made it nearly impossible for the defense to win. He said, “I think when three or four founders all say you did it, youre almost impossible to beat.”　　

2023-12-13Deep Dive

FTX Reports IRS Demand for $24 Billion in Unpaid Taxes, Delays Restoration of User Funds

FTXs lawyers submitted a new filing to the Delaware bankruptcy court on Sunday, arguing that the Internal Revenue Service (IRS) should validate its claims against FTX and demonstrate how it estimates the alleged overdue taxes owed. This comes as the latest development in the months-long dispute between the IRS and FTXs bankruptcy estate, focusing on the disputed amount of unpaid taxes owed by the bankrupt exchange and its affiliated entities.　　While FTX contends that it doesnt owe anything to the IRS, the tax agency is seeking a tax claim of up to $24 billion, more than three times the amount currently available in the estate to attempt to compensate creditors losses.　　In its brief three-year existence, FTX has never distributed dividends or profits and has “never earned anything close to the amount that the IRS claims – $24 billion,” the lawyers wrote. Instead, FTX has suffered significant losses of funds, they added.　　The lawyers argue in the filing, “The IRSs only recourse is to take money from the victims. Relying on its own procedures without any basis for a tax claim against the debtor will only delay distributions to the truly injured parties.”　　

2023-12-13Deep Dive

S&P Global Ratings Report on Stablecoins: USDC and GUSD Top, DAI and USDT Classified as 'Restricted'

Ss worth noting that none of the stablecoins listed in the initial assessment received the highest rating of “very strong,” and four stablecoins were affected by “negative adjustments.”　　Analysts primarily focused on the “quality of assets supporting stablecoins,” with overall quality measured by custody risk, credit, and market value. Additionally, regulatory factors, governance, oversight, liquidity, redeemability, and technology were considered in the assessment.　　

2023-12-13Deep Dive

Bloomberg Analyst: Four Issuers Meet with SEC in Recent Days Regarding Spot Bitcoin ETFs

James Seyffart, an analyst at Bloomberg, stated on X platform that in the past few days, four different issuers have met with the U.S. Securities and Exchange Commission (SEC) regarding their Bitcoin ETF applications. BlackRock met with them yesterday, marking the third time in recent weeks. Grayscale, Franklin Templeton, and Fidelity each had meetings last week. Both the SECs Division of Trading and Markets and the Division of Corporation Finance attended these meetings. These two divisions will ultimately decide whether the 19b-4 and S-1 applications are approved or denied.　　

2023-12-13Deep Dive

SlowMist: Security Incidents in the Cryptocurrency Space Last Week Result

SlowMist released its weekly security report on the X platform (December 3 to December 9, 2023), highlighting significant security events in the crypto space. The total losses from security incidents last week amounted to approximately $1.91 million, with the top three incidents as follows:　　Xai Network Phishing Event: Loss of 374 ETH, valued at approximately $845,800.　　Rug Pull in Abattoir of Zir (DIABLO): Loss of $235,705.　　Time Contract Vulnerability: Loss of $190,000.　　

2023-12-11Deep Dive

U.S. Department of Justice Reveals Regulatory Details Regarding Binance Operations

On December 8th, Binances compliance commitment with the U.S. Department of Justice (DOJ) was revealed, shedding light on significant oversight of the cryptocurrency exchanges operations and business activities in the United States. Former SEC official John Reed Stark shared an analysis report on the X platform, disclosing a detailed list of Binances new compliance obligations.　　Stark pointed out that Binances new obligations are outlined in an 11-page document, including requests from authorities, cooperation allowing authorities to review documents, records, and resources, including information related to “former employees, agents, intermediaries, advisors, representatives, distributors, licenses, contractors, suppliers, and joint venture partners.” Various divisions within the Department of Justices criminal division, such as the Money Laundering and Asset Recovery Section, National Security Division, Counterintelligence and Export Control Section, and the U.S. Attorneys Office for the Western District of Washington, will closely monitor the exchanges activities. Binances previous plea agreement with the U.S. government also includes a five-year regulatory oversight by the Financial Crimes Enforcement Network (FinCEN).　　Stark stated that the settlement agreement requires Binance to provide immediate access, audits, reviews, and inspections for several years to the Department of Justice, FinCEN, various financial regulatory agencies, and law enforcement agencies. This ensures that the company and

2023-12-11Deep Dive
1
...
4244
...
738

Crypto Exchange Regulation Check

Select Country/Region

You are visiting the WikiBit website. WikiBit and its mobile app are a tool for users worldwide to check exchange compliance information. Users are advised to comply with the relevant laws and regulations of their country or region when using WikiBit products.

Official Email: contact@wikibit.com；

For corrections regarding license and other information, please send to: qa@wikibit.com；

Cooperation: contact@wikibit.com

WhatsApp: 852 44962638

Telegram: https://t.me/wikibitofficialgroup

Company: COOLBIT CO., LIMITED

※ You are visiting the WikiBit website. WikiBit and its mobile app are a tool for users worldwide to check exchange compliance information. Users are advised to comply with the relevant laws and regulations of their country or region when using WikiBit products.