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Hong Kong Launches New Licensing Regime for Crypto Asset Trading Platforms

Hong Kong has launched a new licensing regime for virtual asset trading platforms (VATPs). The Hong Kong Securities and Investment Institute (HKSI) has taken the initiative to develop the respective…
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South Africa Implements Licensing Requirement for Cryptocurrency Exchange

In a move aimed at regulating the rapidly growing cryptocurrency market, South Africa has announced that cryptocurrency trading platforms operating in the country will be required to obtain licenses by…
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Binance: A Closer Look at the Paris Prosecutor’s Investigation

Binance, the world’s largest cryptocurrency exchange, has come under the scrutiny of the Paris prosecutor’s office. The investigation focuses on two main areas: illegal canvassing of clients and aggravated money…
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Former SEC Official points to indicators of an impending Binance-related criminal indictment

John Reed Stark, the former Chief of the SEC Office of Internet Enforcement, hinted at the possibility of the US Department of Justice (DOJ) filing a criminal indictment against Binance.…
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Crypto Community Rallies Behind CZ Binance Amid SEC Lawsuit

The cryptocurrency community has come out in support of Changpeng Zhao, the CEO of Binance, after the US Securities and Exchange Commission (SEC) filed a lawsuit against the company. The…
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Binance to Delist Privacy Coins in France, Italy, Spain, and Poland

Cryptocurrency exchange Binance has recently made an announcement regarding the delisting of privacy coins in several European countries. Starting from June 26, customers in France, Italy, Spain, and Poland will…
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Huobi HK Applies for Virtual Asset Exchange License, Offers Crypto Spot Trading in Hong Kong

Cryptocurrency exchange Huobi HK has made significant strides in expanding its services in Hong Kong. Recently, the exchange applied for a virtual asset exchange license, enabling it to offer crypto…
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Binance Banned by Westpac and PayID in Growing Regulatory Scrutiny

Binance, the world’s largest cryptocurrency exchange, has been booted off the PayID system and banned by Westpac, a prominent Australian bank. PayID is a popular instant payment method in Australia…
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EU Adopts Regulation on Markets in Crypto-Assets (MiCA)

In a significant step towards addressing the challenges posed by the crypto-assets sector, the European Union (EU) has taken proactive measures to regulate this rapidly evolving industry. The Council of…