The Abu Dhabi Global Market (ADGM) has granted Laser Digital, the digital assets arm of Japan’s Nomura Bank, in-principal approval to provide broker-dealer services and asset/fund management services with both digital and traditional assets. Laser Digital CEO Jez Mohideen said of the ADGM that their comprehensive and clear regulatory framework is creating a global hub […]
Taiwan’s Financial Supervisory Commission (FSC) has released new guidelines for virtual asset service providers (VASPs) in the country. The guidelines, published on Tuesday, September 26, 2023, include exchange registration, segregation of customer funds and prohibition of certain products. Foreign exchanges must register before offering services to Taiwan customers. The FSC also requires information disclosures, such […]
Gemini, a US-based crypto exchange, has announced plans to invest INR 200 crore ($24 million) in its India-based technology and crypto hub over the next two years. The exchange has already opened an office at the Cyber Hub at Campus Cyber Greens and has seen its employee count grow to over 70 people. The investment […]
Gemini, a US-based crypto exchange, has announced plans to invest INR 200 crore ($24 million) in its India-based technology and crypto hub over the next two years. The Gurgaon-based hub, which opened in May, currently employs over 70 people and is looking to hire more in compliance, software engineering and support.The investment will be used […]
Binance Japan Inc. and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the possibility of issuing a stablecoin in Japan by the end of 2024. The stablecoin will be pegged to fiat currencies, including the Japanese Yen and other foreign currencies. Binance Japan recently acquired a 100% stake in Sakura Exchange BitCoin (SEBC), a […]
Taiwan’s crypto platforms have established an industrial association to represent the interests of the industry. The association includes nine crypto exchanges, P2P trading platforms, financial investment platforms, wallet hosting companies and other types of crypto businesses. The Financial Supervisory Commission of Taiwan has created a draft of ten guiding principles for the management of virtual […]
Binance, the world’s largest crypto exchange, is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan. The two companies plan to use a platform called “Progmat Coin” to issue yen and other fiat stablecoins in accordance with Japan’s recently revised and enforced […]
Richard Ma, the CEO and founder of Quantstamp, is a leader in the cryptocurrency auditing landscape. Ma’s firm is recognized as one of the leading smart contract auditing entities and his perspective offers invaluable insights into the evolving challenges and paradigms of crypto safety. Ma’s journey in the world of cryptocurrency began with a direct […]
Deleno IFC, a highly anticipated project, made its debut at TOKEN2049 Singapore, Asia’s largest Web3 summit. The conference brought together over 10,000 attendees and more than 300 exhibitors, making it the biggest event in the global digital asset industry this year. As one of the platinum sponsors and exhibitors, Deleno IFC showcased its cutting-edge position […]
OKX, a leading crypto exchange and Web 3.0 technology company, announced today that it has successfully completed the SOC 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The internationally recognized SOC 2 Type II report is one of […]
