Day: 21 September 2023

The Australian Securities and Investment Commission (ASIC) has taken legal action against Bit Trade Pty Ltd for failing to comply with design and distribution obligations related to its margin trading product.  ASIC made this announcement on Thursday, September 21, 2023, revealing that Bit Trade, a subsidiary of Payward Incorporated and ...

Nobuaki Kobayashi, the trustee overseeing the bankruptcy proceedings of the now-defunct cryptocurrency exchange Mt. Gox, has announced a further extension of the repayment deadline for creditors.  In a letter addressed to the creditors on September 21, 2023, Kobayashi revealed that the Tokyo District Court had granted the approval to push ...