Daily Archives: 31/12/2021

BitMEX CEO Gregory Dwyer’s trial postponed until October 2022

The trial of Gregory Dwyer, head of business development at the BitMEX derivatives exchange, has been postponed until October 2022 due to his extradition from Bermuda to the United States. In October 2020, the New York Federal Attorney’s Office accused Gregory Dwyer, BitMEX CEO Arthur Hayes, exchange CTO Samuel Reed and co-founder Benjamin Delo of violating the Banking Law. confidentiality, illegal business conduct in the United States and non-compliance with KYC and AML procedures. In…

Ontario regulator warns about lack of license from Binance exchange

The Ontario Securities Commission has warned the public that cryptocurrency exchange Binance is not registered with the regulator and cannot provide services in the province. According to a statement from the Ontario Securities Commission (OSC), none of the legal entities in the Binance group of companies are incorporated under Ontario securities laws. This means that the exchange is not authorized to offer trading in financial derivatives or securities to individuals or organizations located in the…