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Thailand Issues New Regulations on Custodied Cryptocurrencies


The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys...

Bitget Launches Fund Custody Service With Dedicated Wallet to Elevate Safety


PRESS RELEASE. Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize protection of customers’ funds on the platform....

Bill on Digital Ruble Submitted to Russian Parliament


A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...

South Korean Hacker Stole $6.7m from Dead CEO’s Crypto Wallets


A South Korean hacker stole $6.7 million from crypto wallets belonging to the deceased CEO of a business empire that included the crypto exchanges Korbit and Bitstamp. Yonhap reported that a branch of the District Court in Eastern Seoul sentenced an unnamed 39-year-old man to six years in prison...

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