Bitget has secured full licensing in El Salvador for its crypto services. The cryptocurrency exchange has received a digital asset service provider license from El Salvador’s National Commission of Digital Assets. This new license follows an earlier approval for a Bitcoin services provider license that Bitget received in 2024. According ...
OSL Group has launched OSL Wealth, a new crypto-focused wealth management platform in Hong Kong, announced yesterday. This service, now operational, targets professional investors by offering secure access to tokenised treasury assets, real-world asset (RWA) solutions, and quantitative funds. As the first platform of its kind in the city, it ...
Upbit, South Korea's largest digital asset exchange, has announced the launch of Filecoin (FIL) trading pairs denominated in the South Korean Won (KRW). The trading is set to commence at 4:30 PM local time on April 4, marking a new milestone in the integration of FIL into the South Korean ...
South Korea plans to open its cryptocurrency market to international investors, involving specific anti-money laundering (AML) regulations. The country’s financial regulatory body is exploring ways to expand opportunities for global participation in the crypto market. This intention was expressed by King Sung-ji, the head of the Financial Services Commission’s crypto ...
A coalition of leading UK trade associations has called on Prime Minister Keir Starmer’s government to appoint a dedicated crypto envoy and create a comprehensive action plan to support the growth of the digital assets and blockchain sector. In a letter addressed to Varun Chandra, Starmer’s special adviser on business ...
Crypto asset prices have experienced a steady rebound since March 11, with Bitcoin (BTC) briefly surpassing $87,000 and Ethereum (ETH) rising above $2,000. However, according to the latest report from Bybit in collaboration with Block Scholes, many major cryptocurrencies, including BTC, ETH, and Solana (SOL), are still trading below their ...
AUSTRAC, Australia’s financial intelligence agency, has raised significant concerns regarding the growing risks associated with crypto ATMs, particularly regarding operators failing to implement proper anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. In response to the rapid expansion of crypto ATMs across the country, AUSTRAC formed an internal task force ...
Vanuatu has officially completed its crypto regulation and licensing framework, marking a crucial milestone in its digital asset oversight. Recently, the Vanuatu Parliament passed the Virtual Asset Service Provider (VASP) Act, granting the Vanuatu Financial Services Commission (VFSC) the authority to license and regulate the crypto industry, as reported by ...
In the first quarter of 2025, crypto hacks resulted in losses exceeding 1.6 billion, marking the worst quarter for security breaches in the crypto industry, as reported by Immunefi, indicating increasing vulnerabilities in the sector. The scale of losses in Q1 2025 was more than double that of the same ...
The U.S. Securities and Exchange Commission (SEC) has formally concluded its investigation into the cryptocurrency exchange Crypto.com without pursuing any enforcement action. The exchange revealed this news in a blog post on March 27th. Crypto.com had previously received a Wells notice from the SEC before initiating a lawsuit against the ...
