On April 3 2024, the Bank of England (BoE) and the Financial Conduct Authority (FCA) (the regulators) published a joint consultation paper on their proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is poised to...
The Bank for International Settlements (BIS) has taken a significant stride in the realm of Central Bank Digital Currencies (CBDCs) with the launch of its innovative Agora platform. Designed to foster collaboration and knowledge exchange among central banks...
Binance has reportedly established its first-ever Board of Directors in a move signalling a new approach to redefining its operational structure and governance. According to a recent Bloomberg report, the newly appointed board comprises seven members who are...
Deribit FZE, the Dubai entity of Deribit Group, has obtained a conditional Virtual Asset Service Provider (VASP) licence from Dubai's Virtual Asset Regulatory Authority (VARA). According to a recent statement published by the platform, the licence covers spot...
Andrew Chen, General Partner at Andreessen Horowitz (a16z), has revealed his plans to invest $30 million in multiple gaming-related tech startups via the venture capital firm's early-stage accelerator, SPEEDRUN. The announcement comes as the 2024 session of SPEEDRUN,...
Popular centralized digital asset exchange Crypto.com has announced the impending launch of its new and improved mobile app in South Korea. The new app, Crypto.com App, will replace the local crypto exchange platform OK-BIT, which Crypto.com acquired in...
Changpeng Zhao, Binance’co-founder, has announced his resignation as the CEO of the prominent cryptocurrency exchange. In a lengthy statement on X (formerly Twitter), Zhao acknowledged the difficulty of the decision but noted that it was "the right thing...
Binance has pleaded guilty to multiple charges brought against it by the United States Department of Justice and has agreed to pay a staggering $4.3 billion penalty as part of a settlement deal. The US DOJ announced this...
Laser Digital, the crypto unit of Japanese banking giant Nomura, has been granted a full crypto license by Dubai's Virtual Asset Regulatory Authority (VARA). The Virtual Asset Service Provider (VASP) allows the firm to carry out broker-dealer &...
Binance is making a strategic return to the Japanese market with the launch of a dedicated platform designed specifically for local customers. This move comes after five years of absence. The exchange closed its operations in Japan back...
