According to a report in the Korea Economic Daily, the assets of some past and incumbent CEOs of Kernel Labs, a subsidiary of Terraform Labs, worth approximately KRW 120 billion ($92 million), have been frozen by South Korean...
In the wake of the collapse of cryptocurrency exchange FTX, Coinbase CEO Brian Armstrong has published a blog post outlining a practical approach for regulating cryptocurrencies and re-establishing public confidence in the sector. 1/ I often get asked:...
Gate.io has taken a significant step towards expanding its services to the United States after obtaining the necessary regional licenses. Gate U.S. asserted that it had obtained licenses from FinCEN to operate as a money service company as...
Visa is making strategic efforts to include more basic use cases for cryptocurrencies. The world's largest payments company may soon launch a feature that allows customers to pay for their phones and electricity using self-custodial cryptocurrency wallets. Visa...
Yuga Labs, the company behind the Bored Ape Yacht Club, has announced the appointment of Daniel Alegre as the new CEO. Alegre previously served as president and COO of Activision Blizzard. According to a press release from the...
Karl Sebastian Greenwood, a co-founder of OneCoin, has pleaded guilty to several charges brought by the U.S. Department of Justice (DOJ) and could face up to 60 years in prison. OneCoin was a fraudulent cryptocurrency scheme conducted by...
An Israeli court has authorized the seizure of cryptocurrency assets in over 150 digital wallets flagged as potentially used for terrorism financing. According to a report, the Magistrate Court in Tel Aviv ruled to authorize the Israeli government...
In an effort to boost growth in the domestic finance and IT sectors, the Japanese government plans to streamline tax regulations for local cryptocurrency companies. Currently, these companies are required to pay a flat 30% corporate tax rate...
Opera, a Web3 browser, recently unveiled a new set of security tools designed to reduce common risks brought on by malicious users operating within the Web3 ecosystem. Have you been feeling less safe in Web3 lately? We can’t...
France may review its lenient licensing requirements for digital asset providers in light of the global trend toward stricter cryptocurrency regulation in the aftermath of the recent FTX collapse. According to the Financial Times, Hervé Maurey, a French...
