• 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

NYSE Owner Intercontinental Exchange Invests in Tokenized Stocks

chest

The Intercontinental Exchange, owner of the NYSE, is investing in OKX to launch tokenized stocks, reflecting a trend in blockchain adoption among financial institutions.

user avatarBayarjavkhlan Ganbaatar

Nasdaq Secures SEC Approval for Trading Tokenized Stocks

chest

Nasdaq has received SEC approval to trade tokenized stocks alongside traditional stocks, sharing the same order book and maintaining identical shareholder rights.

user avatarMohamed Farouk

Cardano Positioned for Potential 1,000% Rally

chest

Market analysts are optimistic about Cardano (ADA), suggesting a potential price increase. Currently at $0.27, ADA is above a crucial support level. If it breaks resistance, projections indicate a rise to $2.70 or even $5. The price action is stable, indicating consolidation before larger movements.

user avatarTenzin Dorje

Chainlink Faces Bearish Momentum Amidst Key Resistance Levels

chest

Chainlink is experiencing a bearish shift in momentum, with sellers gaining control in the short term. The 955 level remains a critical pivot for potential recovery.

user avatarElias Mukuru

Bitcoin and Gold Correlation Hits Record Low

chest

The correlation between Bitcoin and Gold has dropped to its lowest level since November 2022, indicating a strong negative relationship between the two assets.

user avatarDiego Alvarez

Ripple Advances in Regulatory Pathways for Banking License

chest

Ripple is making significant strides in its efforts to secure a full banking license in the United States.

user avatarMaria Fernandez

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.