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Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Global Banking Authorities Extend Crypto Regulatory Framework Deadline
15.5.2024
The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member...
Struggling Action-RPG Ditching The Always-Online Microtransaction Model Everyone Hates
15.5.2024
Today, Airship Syndicate announced the return of its online action-RPG Wayfinder, albeit with a few key differences. Though the game was pulled from Steam while its previous publisher, Digital Extremes (Warframe), was transferring the rights to developer Airship, it is set to land on the storefront...
Worldcoin beefs up security by open-sourcing biometric data system
15.5.2024
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes
Iris-Scanning Worldcoin Token Gets Malaysian Regulator’s Nod
15.5.2024
Malaysia-based Cuscapi's associate company MX Global received the approval from Malaysia regulator, to facilitate trading of WLD token.
The post Iris-Scanning Worldcoin Token Gets Malaysian Regulator’s Nod appeared first on Cryptonews
Vanguard Hires Former BlackRock iShares Exec Salim Ramji as CEO
15.5.2024
BlackRock’s former global head of iShares and index investments, Salim Ramji, is joining Vanguard as its new CEO from July 8.
The post Vanguard Hires Former BlackRock iShares Exec Salim Ramji as CEO appeared first on Cryptonews
Crypto Exchange OKX Officially Debuts in Australia
14.5.2024
With the launch, OKX claims to be the largest global crypto exchange offering direct AUD deposits and withdrawals to Australians.
The post Crypto Exchange OKX Officially Debuts in Australia appeared first on Cryptonews
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...
Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East
13.5.2024
Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi.
The post Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East appeared first on Cryptonews
Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem
13.5.2024
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services...
Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection and Global Standards
13.5.2024
Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week. The proposed regulations aim to reduce risks for people dealing with cryptocurrency.
The post Turkey’s Crypto Regulations Ready for Parliament, Draft Prioritizes Consumer Protection...
South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average
12.5.2024
Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat...
Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
9.5.2024
Stablecoins like Tether do not offer interest yields right now, but with tokenized fiat, that could be possible one day, co-founder William Quigley said
Stablecoins provide promising possibilities in global finance
9.5.2024
A leading international asset manager predicts that the stablecoin market will grow to $3 trillion in the next four years, a 22-fold increase from its current size. To understand this growth better, one needs to first understand how stablecoins fit in the financial markets. This will cover...
Sui collaborates with FanTV to power global Creator Economy
8.5.2024
Sui has announced one of the potential breakthroughs in the Creator Economy. Sui has partnered with FanTV to power this initiative by leveraging the proceeds that enter their collective ecosystem. FanTV currently houses a community of more than 1.5 million members. Each benefit generated by...
QCP Receives In-Principal Approval From Abu Dhabi Regulator
7.5.2024
QCP said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures
Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers
7.5.2024
Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.
The post Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers appeared first on Cryptonews
Hong Kong will possibly become the hub of global crypto firms
7.5.2024
As crypto regulators in the US step up their scrutiny of the industry, crypto companies and founders are seeking for more welcoming environments abroad to fuel their expansion. Notably, global crypto firms and entrepreneurs are relocating to Hong Kong for opportunity and refuge. The crypto industry...
Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker
5.5.2024
A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities. Additionally, the lawsuit charges Coinbase with operating as...