In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) took action against illegal cryptocurrency exchanges operating in the country. The FMA blocked access to nearly a thousand platforms that were serving citizens without proper registration. This move was in accordance with the Digital Assets Law, which prohibits the creation and trading of digital currencies without a national […]
In 2023, Kazakhstan’s Financial Monitoring Agency (FMA) took action against illegal cryptocurrency exchanges operating in the country. The FMA blocked access to nearly a thousand platforms that were serving citizens without proper registration. This move was in accordance with the Digital Assets Law, which prohibits the creation and trading of digital currencies without a national […]
Taiwan’s central bank has completed a feasibility study on wholesale central bank digital currency (CBDC) and is considering its introduction. Deputy Governor Mei-lie Chu stated that the central bank is seeking feedback from businesses and academics and will continue to work on platform design.In a speech at a banking event, Chu discussed “Banking 4.0,” which […]
Taiwan’s central bank has completed a feasibility study on wholesale central bank digital currency (CBDC) and is considering its introduction. Deputy Governor Mei-lie Chu stated that the central bank is seeking feedback from businesses and academics and will continue to work on platform design.In a speech at a banking event, Chu discussed “Banking 4.0,” which […]
The situation surrounding Binance, one of the world’s largest cryptocurrency exchanges, and its founder Changpeng Zhao (CZ), is becoming increasingly precarious. Experts have raised doubts about the possibility of the company transforming into a compliant and transparent entity under its new CEO Richard Teng. There are concerns that Binance may shut down completely, and CZ […]
The situation surrounding Binance, one of the world’s largest cryptocurrency exchanges, and its founder Changpeng Zhao (CZ), is becoming increasingly precarious. Experts have raised doubts about the possibility of the company transforming into a compliant and transparent entity under its new CEO Richard Teng. There are concerns that Binance may shut down completely, and CZ […]
Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face criminal charges, according to sources familiar with the matter. Justice Minister Andrej Milović in Montenegro plans to grant the extradition request made by U.S. officials. Kwon, who was arrested in Montenegro for using falsified travel documents, has also been […]
Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face criminal charges, according to sources familiar with the matter. Justice Minister Andrej Milović in Montenegro plans to grant the extradition request made by U.S. officials. Kwon, who was arrested in Montenegro for using falsified travel documents, has also been […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
