Hong Kong SFC Revises Crypto Policies Address Evolving Market
The Hong Kong SFC declared that it will be updating its regulations and rules regarding the sale of virtual currencies.
Deep
Binance Resumes Euro Services, Expands Fiat Partnerships
Following losing its former fiat partner, Binance revealed one month later that it had brought on new partners to manage deposits and withdrawals in euros.
LBRY Ceases Operations Amidst Financial Challenges
The developers of the LBRY blockchain, LBRY Inc., have sent out their last letter to the crypto community amid debts of "several million dollars."
Inspector General Urges FDIC to Enhance Crypto Risk Assessment Process
The FDIC's OIG released an assessment report on the FDIC's approach to managing the risk associated with crypto.
ECB Advances to ‘Preparation Phase’ for Digital Euro
The ECB's governing board has declared that the "preparation phase" for the digital euro project will commence.
Fidelity’s $4.5T Bitcoin ETF Proposal Spurs SEC Clash
Resubmitting its application to the U.S. Securities and Exchange Commission (SEC) for its Bitcoin spot ETF, "Wise Origin Bitcoin Trust," is Fidelity Investments.
South Korean Regulator Maps Out Strategy for Strengthening Digital Asset Regulations
Reports from the local community state that the FSS of South Korea is working on laws to add to the Virtual Asset Users Protection Act completed earlier this year.
Binance Suspends Registration for New UK Users Amid Regulatory Adjustments
On October 16, users in the UK will no longer be able to register on the cryptocurrency exchange Binance.
South Korean Crypto Platform Haru Invest to Halt its Servers
After stopping withdrawals in June 2023, Haru Invest's unsatisfactory cryptocurrency platform intends to terminate its server within a few months.
Upbit Gains Preliminary Approval in Singapore for Crypto Operations
The application for a Major Payment Institution (MPI) license in Singapore has been granted in principle to the Singaporean subsidiary of Upbit.
