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CryptoCurrency
Sygnum Inches Closure to Get Singapore's Payment Institution License
2023-06-13T08:24:08.800+02:00
The company already holds a capital markets license in the city-state.
Several other crypto firms recently obtained a Singapore license.
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CryptoCurrency
When a US Regulator Slams Crypto: A Week in Review
2023-06-09T13:28:25.531+02:00
It started on Monday: The SEC sued Binance, then came the lawsuit against Coinbase.
The exchanges are now questioning the integrity of the SEC's Chair.
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Education Center
Cross-Border Remittances: How Crypto Revolutionize Cheaper and Faster Transactions
2023-06-09T10:47:27.571+02:00
Know the challenges, know the opportunities
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CryptoCurrency
FCA Seeks Incentives Ban with New Crypto Promotion Rules
2023-06-08T07:39:48.851+02:00
The new rules will become effective from October 8.
Other requirements of the rules include risk disclosure and due diligence.
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CryptoCurrency
SEC on the Offensive, but Binance and Coinbase Are Not the Same
2023-06-07T14:57:11.414+02:00
There are clear differences between Binance and Coinbase in their disputes with the SEC.
New crypto legislation can offer a solution, but may be hampered by political divides.
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CryptoCurrency
Binance’s Acquisition of Gopax under Threat amid Ongoing SEC Battle
2023-06-07T12:50:55.582+02:00
The crypto exchange wanted to buy a local business to build its presence in South Korea.
However, the ongoing legal battle with the SEC may foil these plans.
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CryptoCurrency
SEC Lawsuit Heats Up the War Between Binance and the US
2023-06-06T14:05:05.429+02:00
"We do not want [Binance].com to be regulated ever," said Binance's CCO.
The industry is now waiting for the next step of the regulator and Binance.
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CryptoCurrency
UK Lawmakers Seek Official's Appointment to Oversee Crypto Regulations
2023-06-05T11:34:01.477+02:00
The lawmakers made 53 recommendations for crypto regulations.
Earlier, another group of UK lawmakers wanted to regulate crypto trading as gambling.
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CryptoCurrency
Atomic Wallet Users Lost $35 Million in Weekend Crypto Hack
2023-06-05T10:28:04.032+02:00
The wallet developers claim that less than 1 percent of users were affected.
The largest five losses amounted to $17 million.
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CryptoCurrency
Hacked Twitter Account of OpenAI CTO Promotes Crypto Scam
2023-06-02T09:54:16.955+02:00
The tweet promoted the airdrop of a fraudulent OpenAI token.
No victims of the phishing scam came out yet.
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CryptoCurrency
TD Cowen Shuts Institutional Cryptocurrency Division
2023-06-01T07:43:18.061+02:00
Cowen Digital was launched last year in March.
The platform provided trading with 16 digital assets.
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CryptoCurrency
Investment into Crypto Products Dip for First Time in 2023
2023-05-31T21:55:55.052+02:00
AUM for Bitcoin-based products shrank 10.3% to $21.7 billion.
On the contrary, AUM jumped significantly YTD, led by GI Galaxy.
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CryptoCurrency
UAE Central Bank Issues AML Guidance for Virtual Assets
2023-05-31T12:33:11.761+02:00
The guidance will apply to all licensed financial institutions.
It considers recommendations by the FATF.
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CryptoCurrency
Canada Beats US, UK and China in Number of Gen Z Investors: FINRA
2023-05-25T00:18:48.171+02:00
The study is based on a survey of nearly 2,900 Gen Z investors across the regions.
More than half of zoomers in the US are investors with crypto as their top choice.
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CryptoCurrency
Japan to Adopt Strict Crypto Monitoring Rules Next Week
2023-05-24T09:17:15.907+02:00
The rules will involve the adoption of Travel Rules.
It will become effective on 1 June.
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Regulation
South Korean Party Seeks Early Enforcement of Bill on Crypto Asset Declaration
2023-05-23T18:24:40.016+02:00
The new bill will require lawmakers to disclose their crypto asset holdings.
The call for earlier implementation comes as Kim Nam-kuk faces a crypto scandal.
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Regulation
Crypto Scandal: South Korea’s Ruling Party Sends Team to Wemix Issuer
2023-05-19T16:51:05.518+02:00
Probe into the independent lawmaker Kim Nam-kuk's crypto activities continues.
Prosecutors previously raided Upbit and Bithumb as part of the investigation.
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CryptoCurrency
Coinbase Launches Subscription Model in US and Outside
2023-05-19T07:23:17.252+02:00
The program was launched under beta in 2021.
It has plans to expand the service to 35 other countries.
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CryptoCurrency
FCA Cracks Down on Crypto ATMs in Three UK Cities
2023-05-05T12:35:29.141+02:00
It has gathered evidence and will decide on further action.
The agency is not authorizing any crypto ATM operators in the country.
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CryptoCurrency
American Gets 4 Years Jail for Stealing Bitcoins from Crypto Mixer Helix
2023-04-28T08:42:04.623+02:00
He siphoned over 712 Bitcoins using his brother’s credentials.
These Bitcoins were linked to Helix.
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CryptoCurrency
Exclusive: Ouinex Gets Investment from France’s Interactive Trading
2023-04-27T10:13:06.357+02:00
The Interactive Trading community received early access to the $OUIX token.
Interactive Trading hosts a community of 150,000 active traders.
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CryptoCurrency
Kraken Pro Adds Crypto Futures
2023-04-27T08:26:55.209+02:00
The platform now offers crypto spots, staking, and futures.
It lists over 90 crypto perpetual futures contracts.
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Op-ed
CryptoCurrency
Op-ed
South Korea’s Evolving Regulatory Landscape for Cryptocurrencies: What to Expect
2023-04-17T14:09:15.666+02:00
South Korea has been actively engaged in the regulation of its digital asset market.
The South Korean parliament is expected to pass a bill regulating the digital asset market in April 2023.
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CryptoCurrency
Is MicroStrategy a Bitcoin Proxy for Institutions?
2023-04-17T08:38:00.456+02:00
MicroStrategy recently purchased 1,045 BTC, taking its total holdings to 140,000 BTC.
Institutional buying of MicroStrategy shares increased in Q1, meaning greater BTC exposure.
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News
Crypto in Canada: Paxos to Exit; Chainalysis Ties Up with Calgary Police
2023-04-13T10:55:02.392+02:00
Canadian regulators have mandated the registration of crypto businesses.
Paxos will close all activities on June 2.
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