On Sep. 18, the RCMP seized CAD 56 million ($41 million) in assets and dismantled TradeOgre, marking Canada’s first full crypto exchange shutdown. The investigation began with a 2024 Europol tip and focused on TradeOgre’s lack of FINTRAC registration and missing identity checks. Users and industry figures including Taylor Monahan and Reuben Yap condemned the move as theft, saying innocent users were left without recourse. The case exposed Canada’s decade of fragmented regulation and placed the country within a global trend of tightening crypto enforcement.
- 0 replies
- 0 recasts
- 0 reactions
At its core, Avantis is a capital-efficient synthetic engine. Traders use the protocol's interface to open positions on supported assets. Instead of matching orders in an order book, Avantis pairs each trader with a USDC vault that takes the other side of the trade. This vault aggregates deposits from thousands of limited partners and acts as a single counterparty. This structure allows the protocol to offer deep liquidity across many markets without requiring separate liquidity pools for each pair, enabling Avantis to list over 80 markets, including 22 RWA assets.
- 0 replies
- 0 recasts
- 0 reactions
ChainVault has partnered with the Abu Dhabi Global Market (ADGM) licensed exchange to ensure regulatory compliance and global credibility. Furthermore, the Malaysian Prime Minister's public welfare fund provides strategic support, further strengthening the project's regulatory and social responsibility advantages.
- 0 replies
- 0 recasts
- 0 reactions