The Climate Chain Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action, including Cointelegraph as a member, delivered on Nov. 11 its stock take report at the United Nations Climate Change Conference, or COP27, in Sharm El-Sheikh, Egypt. Founded five years ago, the coalition has been working on initiatives related to the consumption accounting system and greenhouse gas emissions accounting. Tom Baumann, chair and founder of the Climate Chain Coalition, stated: “During those years, the Coalition has grown from 12 founding organizations to over…
Day: November 11, 2022
CySEC requested FTX’s European arm suspend operations prior to bankruptcy: Report
The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States that the regulator requested the exchange halt operations for its Europe arm. According to a Nov. 11 Reuters report, the CySEC said it had asked FTX Europe to “suspend its operations and to proceed immediately with a number of actions for the protection of the investors” on Nov. 9. It’s unclear why the financial regulator chose to reiterate its call to the crypto exchange, given FTX…
FTX’s Regional Crypto Exchanges Slowly Reopen Withdrawals
Japan’s FSA ordered FTX Japan to enter “close-only” mode on Thursday, meaning users should be able to wind up existing positions, but not initiate new ones. In the order, the regulator noted that the exchange had halted withdrawals without specifying a date for reinstatement and that it continued to enlist new customers. Author: Sheldon Reback, Shaurya Malwa, Sam Reynolds Source link