The Hong Kong Securities and Futures Commission (SFC) has issued a public warning regarding the activities of JPEX, an unlicenced virtual asset trading platform operating in the region. In a statement released on September 13, 2023, the SFC...
Popular messaging platform Telegram has revealed plans to launch a self-custodial cryptocurrency wallet in collaboration with The Open Network (TON). This announcement was made during the Token2049 event in Singapore on September 13, 2023. The new crypto wallet...
PayPal has once again moved to assert itself in the Web3 payment space by launching an on- and off-ramp integration for merchants and service providers. PayPal, on September 11, 2023, announced that it is introducing an off-ramp service...
The Bank for International Settlements (BIS) Innovation Hub, the Bank of Israel (BoI), and the Hong Kong Monetary Authority (HKMA) have released a comprehensive report detailing the outcomes of their joint central bank digital currency (CBDC) experiment, known...
Animoca Brands has successfully secured a $20 million investment to accelerate the development of one of its flagship initiatives, the Mocaverse. The Hong Kong-based game software developer and venture capital firm announced this development in a blog post...
Bryan Pellegrino, the CEO of LayerZero Labs, has voiced his disappointment with the approach taken by the new management of the bankrupt FTX estate in resolving share ownership issues with LayerZero. The FTX management filed a lawsuit on...
A Turkish court has sentenced Faruk Fatih Özer, the founder of the failed crypto exchange Thodex, to 11,196 years in a Turkish prison. Özer was sentenced alongside his brother Güven Özer and sister Serap Özer for defrauding the...
The UK's Financial Conduct Authority (FCA) has announced that it will give crypto firms an extended grace period to implement the required changes as it begins to enforce new regulations in the sector from October 2023. In a...
The UK government has taken a significant step towards advancing its artificial intelligence (AI) capabilities by appointing distinguished figures from the realms of security and computer science to its Frontier AI Taskforce. In an official press release published...
On Thursday, September 7, 2023, the Financial Stability Board (FSB) and the International Monetary Fund (IMF) jointly published a comprehensive paper outlining policy and regulatory frameworks for crypto assets. Alongside these frameworks, the two key players in the...
