South Korea's central bank, the Bank of Korea (BOK), has revealed its plans to engage 100,000 Korean citizens in an extensive Central Bank Digital Currency (CBDC) pilot program scheduled to commence in late 2024, as reported by the Korea...
Richard Teng, the new CEO of Binance, is trying to alleviate concerns among investors and customers in the aftermath of the exchange's legal troubles with U.S. authorities. In a post on X (formerly Twitter), Teng emphasized the exchange's business...
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 to...
Celsius Network announced plans on Monday, November 20, 2023, to pivot its operations and establish a new publicly traded Bitcoin mining company that will be owned by its customers. This decision follows feedback from the Securities and Exchange Commission...
Binance may reportedly shell out a settlement fine of over $4 billion to the United States Department of Justice (DOJ) to resolve a lengthy investigation into its alleged violation of American anti-money laundering laws and involvement in evading US...
Crypto.com has obtained a VASP License from Dubai's VARA and is proceeding to the final stage of regulatory approval for virtual asset services in the region. The crypto exchange announced this development in an official statement published on November...
Bitget has decided to permanently exit the Hong Kong market just seven months after establishing a dedicated regional division. In an official statement released on November 13, 2023, the crypto exchange disclosed that its Hong Kong division, BitgetX, is...
Spain's top financial regulator, the National Securities Market Commission (CNMV), has taken action against Miolos Desarrollos S.L., a crypto firm, for violating the country's advertising and promotion rules related to cryptocurrencies. The CNMV announced these disciplinary proceedings through a...
Swiss crypto bank SEBA's Hong Kong subsidiary has received a full operating licence from the region's financial regulator, the Securities and Futures Commission. The crypto bank announced this development in an official statement on November 8, 2023. According to...
The management of the bankrupt cryptocurrency exchange FTX has requested approval from a Delaware bankruptcy court to sell some trust fund assets valued at approximately $744 million. The targeted trust funds assets include holdings managed by two reputable entities:...
