• 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

4 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

House Financial Hearing in New York Aims to Shape Digital Asset Regulation

chest

A house field hearing in New York aims to build consensus around standard digital asset legislation, impacting market dynamics.

user avatarKofi Adjeman

BNB Maintains 578 Support as Inflation Relief Influences Market

chest

BNB maintains support at 578 as inflation relief influences market dynamics.

user avatarSatoshi Nakamura

Cardano Foundation Takes Over Token2049 Event Organization

chest

The Cardano Foundation has officially taken over the organization of the Token2049 event from EMURGO as of July 15.

user avatarNguyen Van Long

Chainlink Integrates US Macroeconomic Data to Enhance Market Understanding

chest

Chainlink integrates US macroeconomic data onto multiple L1 chains to enhance market understanding.

user avatarJesper Sørensen

SBI and Doppler Team Up to Improve XRP Settlement Efficiency

chest

SBI has announced a collaboration with Doppler to build XRP-based tunnels aimed at improving settlement efficiency for local banks.

user avatarRajesh Kumar

Kraken Enhances Card Features to Support Fiat Balances

chest

Kraken has announced an upgrade to its card, enhancing direct spend mechanics that support core fiat balances.

user avatarLucas Weissmann

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.