FTX acquires Japan's FCA-licensed crypto exchange Liquid
As a part of the deal to comply with Japanese laws, FTX's Japanese users will be moved Quoine's trading platform. American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries. As a part of the deal, FTX will acquire Quoine Corporation, a Financial Services Agency (FSA)-approved crypto exchange. As Cointelegraph previously reported, Quoine acquired a Type I Financial Instruments Business license under the Financial Instruments and Exchange Act from the Japanese regulatory authorities.FTX is....
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SBI now has two licensed crypto trading platforms in Japan. Japan's largest on-line financial conglomerate, SBI Holdings, now owns two licensed cryptocurrency trading platforms with its new acquisition of TaoTao exchange.According to an official announcement on Oct. 7, SBI’s foreign exchange and derivatives arm SBI Liquidity Market has acquired all shares of TaoTao, making it a wholly-owned subsidiary of the company. Formerly 40% owned by internet giant Yahoo! Japan’s YJFX, TaoTao launched its crypto trading service in May 2019.With the new acquisition, SBI now has two crypto trading....
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it has been targeted in a hacking attack. In a notice tweeted early on Thursday, the coin trading platform revealed that some of its warm wallets were compromised, adding that it’s currently....
Japanese Crypto Exchange, Liquid, was hit earlier this week by hackers who stole an estimated $97 Million in crypto. Founded in 2014, Liquid operates in over 100 countries and serves millions of customers around the world. According to CoinMarketCap data, the Japanese exchange ranks among the top 20 crypto exchanges globally by daily trading volumes. The […]
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading after suffering a nearly $100 million hack last week.Announcing the news Thursday, Liquid Group and FTX Trading — the owner and operator of crypto exchange FTX — said that the new funds will help Liquid improve its balance sheet and contribute to the exchange’s licensing opportunities in the key jurisdictions of Japan and Singapore. The new funding also....
European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world. Bitcoin exchange Bitstamp has gained the license to operate as a payment institution across the European Union, all 28 countries of it. The license, which begins July 1st means that Bitstamp will officially be the first nationally licensed Bitcoin exchange in the world. The license was signed and granted by Luxembourg’s....