Crypto.com

Crypto.com

Politika

Italy Hasn't Vetted the 73 Crypto Firms It Approved This Year

Companies entered into a new registry for crypto firms say they’ve secured regulatory approval in Italy, but they haven’t been checked for compliance yet.

Italy's Organismo Agenti e Mediatori, a supervisory body which oversees its crypto exchanges, told CoinDesk it didn't plan to start collecting information from registered exchanges until next year – at least. (Mathew Schwartz/Unsplash)

Politika

Trading Platform Crypto.com Secures Regulatory Approval to Operate in France

The exchange joins other crypto platforms including Binance and Luno that recently obtained similar approvals.

Paris, France (allewollenalex/Unsplash)

Videolar

Crypto.com Scraps $495M Champions League Sponsorship Deal: Report

Cryptocurrency exchange Crypto.com has backed out of a five-year sponsorship deal worth $495 million with the UEFA Champions League, European soccer's elite league, according to a report in SportBusiness. "The Hash" hosts discuss the latest fallout of the market downturn and the state of crypto advertising.

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Finans

Crypto.com Pulls Plug on $495M Champions League Sponsorship Deal: Report

Regulatory concerns in Europe prompted the firm to scrap the deal.

Crypto.com pulls out of Champions League sponsorship deal (Janosch Diggelm/Unsplash)

Videolar

Crypto.com Wages Legal Battle After Accidentally Refunding User $10M Instead of $100

Exchange Crypto.com accidentally transferred an Australian woman $10 million instead of the $100 refund she requested last year, according to the Daily Mail. “The Hash” panel discusses the subsequent lawsuit and it means for future regulation.

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Videolar

Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.

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Politika

Crypto.com Exchange Registers With UK Financial Regulator

The registration permits Crypto.com to pursue "certain crypto asset activities."

The Financial Conduct Authority regulates the U.K. crypto market. (Shutterstock)