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Bitforex
Kamala Harris Meme Coin Soars as Biden Drops Out; India’s Tax Policy Unlikely to Change
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Vice President Kamala Harris-inspired meme coin KAMA rises on the news that President Joe Biden has dropped out of his re-election campaign. Plus, experts say that India is unlikely to change its controversial tax policy on crypto and BitForex announces that the exchange will open for withdrawals after a five-month outage spurred by Chinese police investigation.
BitForex to Open for Withdrawals Following Chinese Police Investigation
The exchange has been offline since February.
Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange BitForex
On Feb. 23., BitForex went offline after $57 million was reportedly withdrawn from the exchange's hot wallets.
Japan Regulator Warns 4 Crypto Exchanges for Operating Without Registration
Japan's Financial Services Agency said in a warning letter that foreign crypto exchanges Bybit, BitForex, MEXC Global and Bitget are operating in the country without proper registration. "The Hash" panel weighs in on the crypto regulatory framework in Japan.
Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.
