The manitoba securities commission has imposed new rules

Author: by Andrew Griffin
December 7, 2022
The manitoba securities commission has imposed new rules

The Securities Commission has imposed new rules on a number of exchanges that require users to insure their funds by making a deposit of 5% of their balance, due to the dubious origin of the funds. A number of exchanges have fallen under the sanctions:

Coinbase

Binance

KuCoin

Gate.io

TrustxBit

Lbank

Bybit

OKX

etc.

The owners of the exchanges have already filed a lawsuit, according to which the court case could last indefinitely, since the Securities Commission is the key link in the legal order of all trading platforms of this kind.

Recall, earlier Securities Commission pledged to seize assets of OKX, for violation of rules on providing data about their clients.

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