• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Crypto exchange Bitvo has not agreed to cooperate with FTX

Crypto exchange Bitvo has not agreed to cooperate with FTX

user avatar

by dapp_writer005

3 years ago


Trading platform Bitvo rejected the possibility of working with FTX, arguing that the site had not previously sold tokens from the collapsed cryptocurrency exchange.

One of Bitvo's shareholders, Pateno Payments, stopped the deal to buy FTX Canada and FTX Trading. Representatives of the crypto platform claim that Bitvo continues to operate normally, and this situation has absolutely no effect on its work, and all operations and transactions are carried out strictly according to plan.

Also, Bitvo from the very beginning of its work has always been an independent platform for the implementation of cryptocurrencies and assures that it has absolutely nothing to do with the collapse of FTX, since FTTs have never been placed on it.

We do not work with clients "in debt". And always adhered to this principle. This also confirms our position as a "dealer with limited capacity", set by the Canadian securities regulators.Bitvo

The employees of the organization do not hide their joy that the deal fell through, as they understand how this could affect the work of the entire crypto exchange. It should be noted that there is an element of luck in this, because the deal, they made in June, was awaiting the approval of the Alberta Securities Commission, but they were delayed with the review.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

New Escrow Service on XRP Ledger Announced

chest

XRPL validator Vet has announced a new escrow service that could soon launch on the XRP Ledger, enhancing benefits for token holders as Ripple continues to expand its network.

user avatarMaria Fernandez

XRP Treasury Firm Reports 8X Growth in Tokenized Treasuries

chest

Ripple-backed firm Evernorth reports an 8x growth in tokenized US Treasuries on the XRP Ledger, increasing from $50 million to $418 million in one year.

user avatarGustavo Mendoza

Ripple Expands Operations with New Headquarters in Dubai

chest

Ripple has opened a new regional headquarters in Dubai's International Financial Centre to enhance its operations in the Middle East and Africa.

user avatarKenji Takahashi

Crypto Analyst Predicts Local Bitcoin Top

chest

Analyst Kaz warns that Bitcoin is nearing a local top and may drop below $60,000.

user avatarRajesh Kumar

Political Uncertainty Surrounds South Korea's Crypto Tax Legislation

chest

Political uncertainty surrounds South Korea's crypto tax legislation as the People Power Party pushes to abolish it.

user avatarMiguel Rodriguez

South Korea's NTS Prepares for Crypto Tax Implementation

chest

The National Tax Service of South Korea has begun preparations to implement a tax on crypto income starting in 2027, following years of delays.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.