Ben Chow, co-founder of the Solana-based decentralized exchange Meteora, has reportedly resigned from his position. The development was confirmed by Meow, the pseudonymous co-founder of both Meteora and Jupiter, in an X post on February 18. Chow's resignation comes...
The United Nations Development Programme (UNDP) is exploring the potential of cryptocurrency to enhance human development, particularly in promoting financial inclusion in unbanked areas. Kanni Wignaraja, the UN Assistant Secretary-General and Regional Director for Asia and the Pacific highlighted...
South Korea’s Financial Services Commission (FSC) is preparing to announce its decision on potential sanctions against Upbit, the country’s largest cryptocurrency exchange, following extensive customer identity verification regulations violations. According to The Korea Times, an investigation into Upbit’s business...
Spot Bitcoin ETFs in the U.S. have seen a reversal, recording net weekly outflows for the first time in six weeks. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced $585.65 million in net outflows for the...
Australian Transaction Reports and Analysis Centre (AUSTRAC) is increasing its enforcement actions against non-compliance in Australia's digital currency exchange sector after addressing issues with remittance services and crypto providers. The agency has targeted 13 digital currency exchanges, with over...
Standard Chartered’s Hong Kong branch, crypto investment firm Animoca Brands, and telecommunications giant HKT have formed a joint venture to issue a stablecoin tied to the Hong Kong dollar. Announced on February 17, the collaboration aims to apply for...
Scammers posing as Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a fraudulent cryptocurrency, exploiting the growing hype around celebrity-endorsed memecoins. The deceptive token, branded as the “Official” Saudi Arabia memecoin (KSA), was introduced on February 17 through...
Bundesbank President Joachim Nagel emphasized the necessity of a state-controlled digital euro to mitigate private sector influence in global finance. At an OMFIF event at the London School of Economics, he cautioned about the risks associated with Bitcoin and...
Binance has announced plans to delist several tokens following a periodic review, but they were found to meet the platform’s standards no longer. In a statement issued to traders, the exchange confirmed that AirDAO (AMB), Clover Finance (CLV), StormX...
Twelve U.S. states have collectively invested $330 million in Strategy (formerly MicroStrategy) through their state pension funds or treasuries by the end of 2024. Bitcoin analyst Julian Fahrer highlighted that California, Florida, Wisconsin, and North Carolina have the highest...
