Singapore Implements New Rules: Crypto Trading Restrictions Now In Effect
According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing...
Bitcoin In Danger: European Commission’s Methodology Threatens EU Mining Ban
The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin.
Daniel Batten, co-founder of CH4 Capital,...
Binance Promotion In The Philippines: Here’s Why You Could Face Up To 21 Years...
According to a Reuters report, the Philippines Securities and Exchange Commission (SEC) has taken steps to restrict access to Binance, the world’s largest cryptocurrency exchange in terms of trading...
Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya
Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy...
Extradition Battle Win For Do Kwon: Montenegro Court Decision Reversed, LUNC Jumps 13%
In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea....
Crypto.com Soars With UK Regulatory Approval, Introduces New Product Offering As Authorized EMI
Singapore-based cryptocurrency exchange Crypto.com has obtained authorization from the UK’s Financial Conduct Authority (FCA) to act as an electronic money institution (EMI). According to a December 4 announcement, this...
Hong Kong Police Probe $15 Million Crypto Fraud, Investors In Turmoil
Hong Kong’s Securities and Futures Commission (SFC) has taken decisive action against what it suspects to be a fraudulent crypto asset trading platform. The SFC flagged the company at...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this...
Crypto Depositors In This Country Will Have To Be Compensated With Interest By 2024
To bolster investor protection and promote transparency, South Korea’s Financial Services Commission (FSC) has issued a notice requiring crypto investors to receive interest on their deposits when utilizing exchanges.
The...
Binance’s Troubles Grow as Thailand Files Criminal Complaint — Similar Warnings by Cayman Islands,...
A growing number of regulators worldwide have come after Binance. Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against the crypto exchange after the authorities in the...
