crypto
SFC Issues New Crypto Regulations: 2 Platforms Licensed, 17 Await Approval
- As of June 1, OSL Digital Securities and Hash Blockchain are licensed crypto trading platforms.
- Several crypto exchanges, including OKX and Gate.hk, are ceasing operations in Hong Kong.
Monday, 03/06/2024 | 08:44 GMT by
Tareq Sikder
Tether Throws Hat in Ring with $100 Million Bitdeer Investment
- The investment includes an option for an additional $50 million in shares within a year.
- The ownership percentage remains undisclosed, with Bitdeer's share value increasing by 6.5% post-announcement.
Friday, 31/05/2024 | 15:34 GMT by
Tareq Sikder
Texas Regulator Halts Alleged Crypto Cloud Mining Scheme
- Payment processor used despite jurisdiction restrictions; account holder located outside the claimed base.
- Manipulated media, including CEO video at conference, were cited; no evidence of presence was found.
Wednesday, 29/05/2024 | 11:01 GMT by
Tareq Sikder
'Make Crypto Great Again': Meme Coins and Jibes Enter American Party Politics
- Democrats and Republicans are opposed on crypto, with Trump recently stating support for it.
- Some Democrats recently broke ranks, voting against the SEC's crypto-hostile SAB 121 policy.
Tuesday, 21/05/2024 | 13:40 GMT by
Sam White
Nigerian Court Clears Binance Executive for Trial in Tax Evasion Case
- The case involves allegations of laundering $35 million and unauthorized financial activities.
- Binance's CEO criticizes the detention of executives during talks, labelling it a dangerous precedent.
Friday, 17/05/2024 | 14:11 GMT by
Tareq Sikder
Binance and Taiwan Collaborate to Resolve $6.2 Million Crypto Fraud
- The perpetrators utilized fake remittance documents, counterfeit IDs, and tampered communication records.
- In 2023, the firm applied for registration under FSC for its cooperation in addressing digital asset fraud.
Friday, 17/05/2024 | 12:49 GMT by
Tareq Sikder
CoinEx's VASP Authorization in Poland Targets European Crypto Market
- Established in 2017, the firm is catering to over 5 million users worldwide, spanning 200 countries.
- A proposed law in Poland will allow the KNF to freeze crypto accounts for up to 96 hours.
Monday, 13/05/2024 | 12:19 GMT by
Tareq Sikder
Binance Faces $4.38M Fine from Canada's Anti-Money Laundering Watchdog
- The firm failed to register with FINTRAC and omitted reporting over 5,900 virtual currency transactions.
- It halted operations in Canada last year, leading to queries about its regulatory compliance.
Thursday, 09/05/2024 | 15:53 GMT by
Tareq Sikder
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