Coinsquare Acquires Decentralized Cryptocurrency Exchange StellarX
Canada-based cryptocurrency exchange Coinsquare has acquired decentralized exchange StellarX and will seek to license it in Bermuda.
The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.
Bitcoin ATM networks are simultaneously growing and retracting due to coronavirus precautions.
In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades.
The software upgrade can potentially be introduced to approximately 170,000 machines across America.
Toronto-based cryptocurrency exchange Coinsquare is launching a stablecoin pegged 1:1 to the Canadian dollar.