Key Takeaways Australia’s Victoria Police has made its first successful seizure of cryptocurrency assets, valued at roughly $142,679, marking a significant milestone under new legislation designed to address the challenges of digital asset-related crime. As of August 1, 2023, updates…
Key Takeaways The Bank of Canada (BOC) recently released a study revealing Canadian consumers’ reservations about adopting a central bank digital currency (CBDC). This comes as the BOC explores a digital Canadian dollar, aiming to gauge public interest and address…
Key Takeaways Leading US-based crypto exchange Gemini has received an in-principle approval from Singapore’s Monetary Authority (MAS) for a Major Payment Institution license(MPI). With this approval, Gemini aims to extend its regulatory compliance in Asia as demand for crypto services…
Key Takeaways On October 28, the Hong Kong Financial Services and Treasury Bureau (FSTB) announced new guidelines designed to enhance the integration of artificial intelligence (AI) within the financial services sector. During a keynote address at Fintech Week, Christopher Hui,…
Key Takeaways Bitstamp, one of the world’s oldest crypto exchanges, has secured a Multilateral Trading Facility (MTF) license from Slovenia’s Securities Market Agency, enabling it to offer crypto derivatives products including perpetual swaps. These swaps allow traders to speculate on…
Key Takeaways A fake version of Curve Finance’s app called “Curve Defi v3” has surfaced in the App store, deceiving users and quickly rising in download rankings. As per reports, many unsuspecting users downloaded the app, believing it was the…
Key Takeaways South Korea plans to tighten control over cross-border cryptocurrency transactions in response to concerns about tax evasion and illegal financial practices tied to digital assets. During a recent G20 meeting in Washington, Finance Minister Choi Sang-Mok announced that…
Key Takeaways Blockchain-based sports engagement platform Socios.com, owned by the Chiliz Group, has received in-principle approval from the Malta Financial Services Authority (MFSA) to operate as a crypto service provider. Socios.com CEO Alexandre Dreyfus called the MFSA’s approval a “significant…
Key Takeaways Tigran Gambaryan, a former Binance executive, has been released from Nigerian custody after spending eight months detained in connection with a money laundering case tied to Binance. His release was confirmed by Nigerian officials on Wednesday, with Gambaryan…
Key Takeaways The UK’s Financial Conduct Authority (FCA) has defended its strict regulatory approach to the cryptocurrency sector, responding to concerns that its policies may inhibit innovation. In a statement issued on Monday, Val Smith, the FCA’s Head of Payments…
