Bakkt has dropped around 70% of the tokens listed on Apex, with the firm citing a need to follow the 'most up-to-date regulatory guidance.'
Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto.
A spokeswoman for the company told Cointelegraph on May 12 that the decision was"part of our regular coin listing review process," and added that: "Our clients’ and their consumers’ best interests are our core commitment, and our review process ensures those interests are best served when we contemplate the most up-to-date regulatory guidance and the latest industry developments.”
Further details are sparse at this stage, however most of the dropped tokens are tied to popular decentralized finance and nonfungible token ecosystems.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin dips below $27,000 and PitchBook releases Q1 crypto report on VC investments: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Robert Le, crypto analyst at PitchBook, breaks down the research firm's Q1 report on venture capital investments in the space and emerging opportunities as well as his analyst note on Consensus 2023 released this week.
Read more »
Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap.bakkt has mass delisted tokens, including some high-profile DeFi names, because of regulatory concerns. The list includes $AAVE, $AVAX, $COMP, $FIL, $MKR, $UNI and $YFI thesamreynolds reports
Read more »
The 2024 Ford Ranger Brings the Raptor StatesideFord’s next-gen Ranger sneaks its apex predator into the United States.
Read more »
Scam Alert: Popular Crypto Influencer Rugs This Token, Selling 2% of Supply on His Followers.zachxbt report suggests that prominent influencer DannyCrypt sold 2% of his 'marketing supply' for his own gain, deliberately crashing price of $HODLR token
Read more »
Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on UniswapCrypto hedge fund Polychain prepared to sell its $6 million trove of $ROOK tokens on Uniswap, upending the calculus behind a savvy DeFi trade. realDannyNelson reports
Read more »
BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days – Bitcoin NewsBitcoin's BRC20 token economy has bucked the trend, expanding from $279 million to over $427 million within five days.
Read more »