Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s): BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three... see more

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TSXV:BNXA - Post Discussion

Banxa Holdings Inc > SEC

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Post by arh0070 on Jun 08, 2023 5:15pm

SEC

There is unfortunately a huge downside to this story .Namely the US SEC /Biden administration persueing/suing the two largest Crypto companies in the world Binance and Coinbase For none compliance .This is a big deal ,no idea what impact it will have on a small fish like BNXA but it has already had a big impact on Coinbase and may ultimately make the US a very unfriendly market for Crypto companies.Coinbase is already in the process of setting up business in Bermuda.

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