According to Julia Leung Fung-yee, the new CEO of Hong Kong's Securities and Futures Commission (SFC), the new licensing scheme due to launch in June will limit Hong Kong's retail traders to highly liquid digital assets. Leung emphasized...
Thailand's Securities and Exchange Commission (SEC) is investigating Zipmex to determine whether the company's earning products have violated any regulatory rules. Local law enforcement is looking into actions that they believe may be in violation of the terms...
Coinbase, the largest cryptocurrency exchange in the United States, will be shutting down the majority of its operations in Japan as part of its restructuring plan to survive the bear market. This decision comes after the announcement that...
Oasys, a blockchain platform designed for, and developed by gamers, has launched the Oasys Ecosystem Fund. The goal of this project is to make it easier for new players to enter the rapidly growing field of blockchain gaming...
The Central Bank of Nigeria has announced its intention to allow the existence of private stablecoins. Nigeria was one of the first countries to launch a central bank digital currency (CBDC), the e-naira. According to a recently published...
Coinbase, the largest cryptocurrency exchange in the U.S., has announced plans to lay off 950 employees, or approximately 20% of its workforce, and many projects as it seeks to lower costs to improve its chances of success under...
In spite of continuous sanctions imposed in retribution for its invasion of Ukraine, Russia's central bank is reportedly planning to establish a cross-border settlement system using a central bank digital currency (CBDC). According to local media outlet Kommersant,...
The internet service providers (ISPs) in Nepal have been ordered to block all websites related to cryptocurrency trading. The country's telecoms regulator has also threatened legal action against any ISPs that disobey this order. According to a report,...
A new financial malware that affects banking and cryptocurrency applications is spreading quickly, and financial authorities in Germany are raising the alarm. On January 9, Germany's Federal Financial Supervisory Authority (BaFin) issued a formal statement alerting customers to...
AEX, a Chinese cryptocurrency exchange, is considering a repayment plan to compensate users. This strategy includes selling assets such as film and television box office revenue rights. According to a report disclosed by the exchange, it had delegated...
