Ho Kai Xin, a former payroll manager at Bybit, has been reportedly sentenced to nine years and 11 months in prison for embezzling approximately $4.2 million from the exchange’s coffers. According to The Straits Times, the 32-year-old Singaporean...
Ethereum co-founder Vitalik Buterin has expressed concerns over what he describes as a “moral reversal” within the cryptocurrency industry, particularly in response to criticism of Ethereum’s stance on blockchain-based gambling. During a February 20 Ask Me Anything (AMA)...
The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal against a court ruling that blocked a proposed regulatory change aimed at decentralized finance (DeFi) protocols. On February 19, the SEC submitted a request to dismiss the...
Dubai-based fintech firm MANSA has closed a $10 million funding round, marking a significant milestone in its global mission to solve liquidity challenges for payment providers. According to a blog post on February 20, The investment, led by...
The Hong Kong Securities and Futures Commission (SFC) has introduced a comprehensive roadmap aimed at reinforcing the city's role as a global leader in cryptocurrency and virtual assets. Announced on February 19, the ASPIRe initiative seeks to modernize...
Aleš Michl, governor of the Czech National Bank (CNB), has called on financial institutions to study Bitcoin's underlying technology rather than fear it. In a February 19 post on X, Michl emphasized that Bitcoin should not be grouped...
Hong Kong is accelerating its efforts to establish itself as a global Web3 and digital finance leader, and tokenization and stablecoins are at the core of its strategy. According to the South China Morning Post, Christopher Hui Ching-yu,...
Crypto exchange Bullish has received regulatory approval from the Hong Kong Securities and Futures Commission (SFC) to operate in the city. In a February 19 blog post, Bullish announced that its subsidiary, Bullish HK Markets Limited, has been...
Crypto companies must embrace public listings to gain the trust of traditional financial institutions, according to BitGo CEO Mike Belsche. Speaking at Consensus Hong Kong 2025 on February 19, Belsche emphasized that going public is essential for integrating...
Coinbase is facing fresh legal trouble as a shareholder has filed a lawsuit accusing the company of misleading investors about bankruptcy risks and engaging in undisclosed trading practices. The lawsuit, filed on February 18 in a New Jersey...
