Daily Shaarli

All links of one day in a single page.

December 8, 2021

Crypto exchanges

What I could find about some of the popular crypto exchanges.

Both Crypto.com and Coinbase are crypto exchanges and each offers its own native coin.

crypto.com

Foris DAX MT Limited, a company incorporated in Malta with Company number (C88392) trading under the name “Crypto.com” via the Crypto.com app is licensed as a Class 3 Virtual Financial Assets Service Provider by the Malta Financial Services Authority.
Foris DAX MT Limited is authorised to provide the following VFA services: 1. execution of orders on behalf of other persons; 2. dealing on own account; and 3. custodian or nominee services to experienced and non-experienced investors.
https://crypto.com

If you are a U.S. resident, your USD balances are held at Metropolitan Commercial Bank, an FDIC member and insured depository institution. Your USD balances held at Metropolitan Commercial Bank are insured up to USD $250,000. You retain ownership of those funds in Metropolitan Commercial Bank accounts, meaning your fiat funds cannot be claimed by Crypto.com or its creditors.
https://crypto.com/eea/security

Malta is a member of the European union and a member of the Economic and Monetary Union. Men innebär det att insättningsskyddet gäller? Inte än, om jag förstått saken rätt.

Ett europeiskt insättningsgarantisystem är under uppbyggnad. För mig ännu oklart om Sverige är del i detta (vi är ju utanför euro-zonen, men är vi med i bankunionen?).

A proposed European deposit insurance scheme, the European commission.

Foris DAX MT Limited (listing on opencorporates.com) is incorporated in Malta and headquartered in Singapore.

crypto.com appears to have its own subreddit.

coinbase

Coinbase Global

comparisons

talking about crypto

what if the exchange goes bust?