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Crypto Exchanges
Archax to Buy Spanish Broker King & Shaxson Capital Markets to Expand in Europe
Completion of the acquisition is subject to regulatory approval in Spain.

Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts
The market will now be watching the U.S. presidential election as an important short-term catalyst for Coinbase and the wider industry.

Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.

Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
The BGB token slumped to as low as $0.54 before recovering.

Binance's Crypto Market Share Sinks to 4-Year Low
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%.

FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan
The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance
Powell will start in her new role at the crypto exchange in November.

German Government Shuts Down 47 Exchanges, Says They're Tied To ‘Illegal Activity’
The country’s Federal Criminal Police Office and its Central Office for Combating Cybercrime said the platforms failed to comply with KYC requirements and allowed for illegal activities such as money laundering.

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX
TrueX says it caters to rising client demand for truly secure segregation between execution and custody.

Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
More than 30 exchanges still have applications pending.
