Open Exchange news and trends

Open Exchange Fined $2.7 Million for UAE Crypto Violations

August 16, 2023
cryptocurrency regulation
Open Exchange Expands Marketplace to Include FTX Claims
Cryptocurrency // July 14, 2023

Open Exchange (OPNX), a new crypto derivatives and claims trading marketplace, has expanded its platform to include FTX claims. This move is set to provide holders of FTX bankruptcy claims with the opportunity to unlock their locked liquidity by selling the claims or turning them into...

Quick Reads
Open Exchange Fined $2.7 Million for UAE Crypto Violations

August 16, 2023
Dubai has fined cryptocurrency firm Open Exchange nearly $3 million for violating its digital asset rules. The country’s Virtual Assets Regulatory Authority (VARA) said in a regulatory notice Tuesday (Aug. 15) that a fine of 10 million dirhams (about $2.7 million) levied against Open Exchange (OPNX) in May has still not been paid. The company — a venture from the […]

Open Exchange Expands Marketplace to Include FTX Claims

July 14, 2023
Open Exchange (OPNX), a new crypto derivatives and claims trading marketplace, has expanded its platform to include FTX claims. This move is set to provide holders of FTX bankruptcy claims with...