Two major financial regulators in Hong Kong have jointly announced their intention to implement reporting requirements established by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives. On September 26, the Hong Kong Monetary Authority...
Dubai's Virtual Asset Regulatory Authority (VARA) is tightening regulations for companies marketing cryptocurrency investments. According to a recent Bloomberg report, VARA outlined new rules requiring firms to include a disclaimer in their promotional materials. The crypto regulator emphasized...
Taurus, the Swiss-regulated global leader in digital asset infrastructure for banks, has announced a partnership with Swiss equity token specialist Aktionariat AG. Taurus will offer services for Ethereum-based tokenized shares issued by Aktionariat. In return, Aktionariat will allow...
Binance has joined other major crypto exchanges to launch a pre-market spot trading service. In a statement published on September 25, the crypto exchange stated that the service, which was tagged "Binance Pre-Market", is designed to expand trading...
South Korea's Personal Information Protection Commission (PIPC) has imposed a fine of 1.1 billion Korean won ($830,000) on Worldcoin and its developer, Tools For Humanity, over alleged personal data collection and transfer violations. According to the regulators, the...
A new perspective on the downfall of Silvergate Bank, once a major player in the cryptocurrency sector, has emerged from industry executive Nic Carter. In a September 25 article for Pirate Wires, Carter, a partner at Castle Island...
Global payment giant Worldpay is reportedly preparing to expand its presence in the cryptocurrency sector by becoming a validator for blockchain networks. According to a Bloomberg report from September 26, the company is in talks with several blockchain...
The Financial Services Commission (FSC) of South Korea has announced the establishment of a new nonprofit organization designed to safeguard virtual assets in case a cryptocurrency exchange goes out of business. The organization, tentatively called the Digital Asset...
On September 25, Binance announced its collaboration with Indian authorities to investigate an online scam allegedly linked to the Fiewin gaming app. This joint effort resulted in the arrest of four individuals involved in the scam. Fiewin initially...
Kosovo, a Southeastern European country, is advancing its efforts to enhance financial literacy in cryptocurrency through a multi-day workshop involving the region's finance leaders. From September 24 to September 26, the leaders from Kosovo's Financial Intelligence Unit (FIU)...
