Binance has, according to new reports, acquired control of Gopax, a South Korean cryptocurrency trading platform. The acquisition marks Binance's return to the South Korean market after leaving two years prior. The Industry Recovery Initiative, a co-investment project created...
In the wake of the worldwide crypto industry regulatory push, the Australian Treasury has published a public consultation on the taxonomy of crypto assets. The four main product categories relating to the cryptocurrency industry are proposed to be separated...
Reliance Retail, the largest retail chain in India, is set to begin accepting retail payments in digital rupee, which is expected to greatly boost the adoption of the country's central bank digital currency (CBDC). The gourmet retail line, Freshpik,...
Huang Yiping, a former member of the Monetary Policy Committee at the People's Bank of China, believes that the Chinese government should re-evaluate the sustainability of the cryptocurrency trading ban in the long term. Yiping expressed his concerns about...
Kang Jong-Hyun, the ex-chairman of South Korea's largest cryptocurrency exchange, Bithumb, has been arrested on suspicion of embezzlement, breach of trust, and fraudulent activities. According to reports, Kang Jong-Hyun was detained on February 2 in connection with the allegations....
The US Securities and Exchange Commission (SEC) may take legal action against Elon Musk if he decides to accept only DOGE payments on Twitter, says attorney John Deaton. According to reports, Twitter is seeking legal approval for a new...
Betts Recruiting, a leading technology recruiting firm in the go-to-market sector, has announced the launch of RecruitCoin, a new cryptocurrency. Members of the Betts Connect talent network will receive RecruitCoin as compensation for joining the network. The introduction of...
An independent examiner has found that cryptocurrency lender, Celsius, misled its investors and, at times, used new customer deposits to pay for other customers' withdrawals, a hallmark of a Ponzi scheme. Shoba Pillay, appointed by the New York bankruptcy...
Archax, a London-based cryptocurrency exchange, has introduced its digital asset custody service after gaining regulatory approval from the Financial Conduct Authority (FCA). The service, one of few to meet the FCA's high standards for firms dealing in digital assets,...
Hong Kong's top financial regulator has proposed fresh regulations prohibiting algorithmic stablecoins and noting that, henceforth, all stablecoin issuers will be required to obtain mandatory licensing. Organizations that engage in regulated cryptocurrency activity in Hong Kong must apply for...
