Quick Breakdown: The European Securities and Markets Authority (ESMA) has issued a warning about tokenized stocks that mimic listed companies' prices but fail to confer actual ownership rights such as voting or dividends. This gap risks retail investors being...
Quick Breakdown Binance appoints SB Seker to lead its Asia-Pacific operations. The hire comes as AUSTRAC orders a compliance audit of Binance Australia. Seker brings over 20 years of legal and compliance expertise. Binance Strengthens APAC Leadership Binance has...
Quick Breakdown QCP Trading has secured a full MPI license from MAS to provide institutional crypto trading services. The firm plans to expand hiring in Singapore after growing its team by 40% in the past year. Singapore’s strict licensing...
Quick Breakdown: Luxxfolio files a $100M base shelf prospectus in Canada to strengthen its Litecoin-focused treasury and crypto infrastructure. The move gives the company 25 months of financing flexibility to issue securities and scale Litecoin adoption strategies. Funds will...
In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank...
The Securities and Exchange Commission (SEC) Nigeria has stepped up efforts to regulate the country’s fast-growing cryptocurrency market, partnering with blockchain intelligence firm Chainalysis in a webinar aimed at combating fraud and strengthening investor protection. Nigeria ranks second globally...
Sonic Labs has unveiled a governance proposal to issue $150 million worth of new tokens in a bid to fund its expansion into the United States. The plan, published on August 20, represents one of the project’s largest governance-led...
Ripple has stepped in as a crucial backer of Gemini’s upcoming Nasdaq listing, providing the crypto exchange with a $75 million credit line that could scale up to $150 million, according to the company’s SEC filing. The deal also...
South Korea’s Financial Services Commission (FSC) has ordered all domestic crypto exchanges to suspend lending products, citing risks to investors and market stability. The directive, issued Tuesday, takes effect immediately and will remain in place until the government finalizes...
WazirX, once India’s largest cryptocurrency exchange, has cleared a major hurdle in its bid to recover from last year’s $230 million hack, winning overwhelming support from creditors for a revised restructuring plan. The proposal, backed by 95.7% of creditors...
