Priyanka Saxena

Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings. Explaining the reasons behind the decision in a public notice […]

Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls

TRON promises to cooperate with Japanese regulators at the expense of DApp developers

TRON has signaled its intention to collaborate with Japan’s regulators as it attempts to expand into the world’s third-largest economy. The TRON Foundation has suggested that gambling DApps—one of the platform’s largest use-cases—which violate Japanese laws may face consequences. In a March 30th statement, the TRON Foundation revealed that part of its strategy to promote international […]

TRON promises to cooperate with Japanese regulators at the expense of DApp developers