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…
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…
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…
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.…
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…
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…
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…
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…