Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development
Hong Kong has welcomed over 220 Web3 companies from 20 countries and regions, focusing on sectors like virtual asset exchanges,...
regulatory
Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury
erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for...
HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong
HKbitEX, a subsidiary of Tykhe Capital, has been granted a Type 1 regulated activity license and a Type 7 regulated...
Coffee producers worldwide grapple with new environmental laws aimed at protecting forests
Le Van Tam is no stranger to how the vagaries of global trade can determine the fortunes of small coffee...
SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny
The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a...
Animoca Brands Partners with Blockpass to Enhance Web3 Security and Compliance
Animoca Brands aligns with Blockpass in a strategic partnership to bolster Web3 security, aiming to set new standards in user...
Binance Ends Services for Nigerian Naira
Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape....
Gemini to Reimburse $1.1 Billion to Users Amid Regulatory Settlement
DFS mandates Gemini to refund $1.1B to Earn users and pay a $37M fine due to oversight failures. (Read More)
CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria
CBN reveals $26 billion transacted through Binance Nigeria from unknown sources, raising concerns amid naira's decline and increasing regulatory actions....
Hong Kong’s 2024 Budget Introduces ‘Regulatory Sandbox’ for Stablecoin Testing
Hong Kong to launch a 'regulatory sandbox' for testing stablecoin issuance and business models, as outlined in the city's 2024...
Kraken Seeks Dismissal of SEC Lawsuit, Citing Overreach Concerns
Crypto exchange Kraken has requested dismissal of an SEC lawsuit, asserting that it poses a threat to commerce by overextending...
Hong Kong Monetary Authority Sets Regulatory Standards for Tokenized Products
The Hong Kong Monetary Authority (HKMA) has released a circular outlining regulatory standards for institutions selling and distributing tokenized products,...
French Hill Challenges Warren’s Anti-Money Laundering Act
U.S. Representative French Hill questions the efficacy of Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, arguing it won't deter...
Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company
Ripple acquires Standard Custody & Trust Company, strengthening its position in institutional digital asset custody market, enhancing regulatory portfolio and...
The Rescheduling of Changpeng ‘CZ’ Zhao’s Sentencing Reflects Legal Complexities and Implications
Changpeng "CZ" Zhao, founder of Binance, faces a legal hurdle as his money laundering charges are postponed to April 30....
