Crypto Currency

Bitfront, a cryptocurrency exchange, closes

Bitfront claimed the action had nothing to do with current disputes involving certain cryptocurrency exchanges that have been accused of “misconduct.” Despite attempts to overcome difficulties in the quickly developing business, Bitfront, a U.S. cryptocurrency exchange sponsored by Japanese social media company Line Corp, announced it has ceased new sign-ups and credit card payments and […]

Crypto Currency

Post-FTX Meltdown, JPMorgan Predicts Significant Changes in the Crypto Industry

Following the failure of cryptocurrency exchange FTX, JPMorgan has outlined significant changes it anticipates for the regulation of the cryptocurrency business. A number of new regulatory efforts, including those emphasising custody, customer asset protection, and transparency, are planned by the international investment bank. The collapse of FTX and its sister company Alameda Research “has not […]