2023-6-13 10:08 |
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update. origin »
|
Hong Kong Legislative Council Member and Co-founder of G-Rocket, an incubator firm, Wu Jiezhuang, said the region faces a Web3 talent shortage. In an interview with Chinese-language crypto publication Chain Catcher, Jiezhuang covered several points, including developments at G-Rocket, the impact of the Virtual Assets Service Provider (VASP) licensing system in Hong Kong, and the […] The post Hong Kong’s Web3 industry faces 100,000 person shortfall appeared first on CryptoSlate.
2023-6-9 19:44 | |
|
|
The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog.
2023-5-24 11:12 | |
|
|
The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method.
2023-5-19 00:52 | |
|
|
Binance Australia said it could no longer process PayID Australian Dollar deposits for users because of “a decision” made by its third-party payment service provider. According to a May 18 statement, the exchange confirmed its users could process bank transfer withdrawals from its platform.
2023-5-18 10:45 | |
|
|
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier.
2023-5-17 21:30 | |
|
|
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts.
2023-5-9 00:05 | |
|
|
US-based crypto exchange Coinbase is considering using the United Arab Emirates as the hub for its international service in the Middle East and other nearby regions. In a May 8 tweet, Coinbase’s VP of International & Business Development, Nana Murugesan, said the country has the potential to be a strategic hub for the exchange.
2023-5-8 16:45 | |
|
|
Kraken secured a virtual asset service provider (VASP) license from the Central Bank of Ireland on April 18. The license allows the crypto exchange to operate in the country legally. Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules and added that the license is proof of its […] The post Kraken gets regulatory approval to operate in Ireland appeared first on CryptoSlate.
2023-4-19 21:24 | |
|
|
Mati Greenspan’s Quantum Economics said April 13 that it acquired the DeFi platform Revault Network. Revault is a service that allows users to find the highest-return vaults at any given time, eliminating the need for users to choose where to deposit their funds.
2023-4-14 00:48 | |
|
|
Binance futures users experienced issues trading on the platform during the early hours of April 10. The issues appeared to have been resolved, and trading resumed at the time of writing. CEO Changpeng ‘CZ’ Zhao said the exchange’s futures UM Rest service/API had issues that affected its user interface (UI) and API.
2023-4-10 11:47 | |
|
|
Key takeaways NASDAQ said custody is the first step in its digital asset push. The stock exchange operator plans to launch its crypto custody service before the end of next quarter. More traditional financial institutions are making a push into the cryptocurrency space.
2023-3-25 17:35 | |
|
|
Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets.
2023-3-20 06:59 | |
|
|
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.
2023-3-17 01:00 | |
|
|
Twitter owner Elon Musk said during a conference on March 7 that his social media company aims to become a leading payment service. The post Elon Musk has ambitions of making Twitter the world’s biggest financial institution appeared first on CryptoSlate.
2023-3-8 01:19 | |
|
|
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.
2023-2-20 11:41 | |
|
|
Coinbase CEO Brian Armstrong said the exchange’s staking service does not pass any of the four criteria of the Howie Test and will “happily” defend it in court if required. The post Coinbase says its staking product does not pass the Howey Test appeared first on CryptoSlate.
2023-2-13 13:25 | |
|
|
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
2023-2-10 01:50 | |
|
|
Coincover said Fireblocks customers can rely on fixed processes and a standard service level agreement.
2023-1-20 12:00 | |
|
|
The offenders used the internet from the comfort of their own homes to obtain millions, Jonathan Kelleher of the Crown Prosecution Service (CPS) said.
2023-1-18 14:38 | |
|
|
“After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities,” said Dan Berkovitz.
2022-12-24 18:29 | |
|
|
The service lets users in nine African countries tap into the Bitcoin Lightning network using basic feature phones. “Anyone who's interested in using bitcoin and living on bitcoin should be able to do so easily,” founder Kgothatso Ngako said.
2022-12-20 20:27 | |
|
|
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.
2022-12-20 08:30 | |
|
|
Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients.
2022-12-11 21:49 | |
|
|
In response to media queries, the Monetary Authority of Singapore (MAS) was neither licensed nor exempted from licensing and did not operate in Singapore. In a press release dated November 14, 2022, The MAS said that it did not rule out the possibility that FTX onboarded Singapore users as they could directly access overseas service providers. […]
2022-11-22 20:17 | |
|
|
Grayscale said that "Genesis Global Capital is not a counterparty or service provider for any Grayscale product."
2022-11-16 18:55 | |
|
|
Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week.
2022-11-15 21:36 | |
|
|
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades.
2022-11-14 14:47 | |
|
|
Nasdaq said that the retail side of the crypto market is quite saturated at the moment with many service providers looking to fulfill retail investors’ needs.
2022-10-5 12:56 | |
|
|
On August 29th, Binance revealed that it had received permission to operate as a Financial Service Provider with New Zealand’s MBIE (Ministry of Business, Innovation, and Employment). Changpeng Zhao, CEO of Binance, said New Zealand has a good history of…
2022-9-30 15:30 | |
|
|
A financial service provider co-founded by Hong Kong real estate tycoon Adrian Cheng said it is raising $500 million to invest in blockchain assets, credit and private-equity over the next 18 months.
2022-9-21 16:00 | |
|
|
Ethereum Name Service (ENS) lead developer Nick Johnson said the protocol would have to make some changes before implementing Vitalik Buterin’s new fee structure. The post Ethereum Name Service developer identifies challenges in Vitalik’s fee proposal appeared first on CryptoSlate.
2022-9-10 21:25 | |
|
|
The Security Service of Ukraine (SSU) said on August 24 that it seized $19,500 from a crypto wallet that was being used to fund a Russian group, according to a press release. The post Ukraine seizes $19,500 from crypto wallet dedicated to supporting Russian forces appeared first on CryptoSlate.
2022-8-24 15:30 | |
|
|
Coinbase CEO Brian Armstrong said he would rather shut down the exchange's Ethereum staking service than bow to U.S. government demands to censor sanctioned transactions. The post Coinbase Would Quit Ethereum Staking if Pressured to Censor Transactions, Says CEO appeared first on BeInCrypto.
2022-8-19 16:00 | |
|
|
The Korea Financial Intelligence Unit (KoFIU) said that it has alerted the investigating authority about the illegal business activities of 16 unregistered Virtual Asset Service Providers (VASPs) operating in South Korea.
2022-8-19 22:00 | |
|
|
Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. The post Coinbase will shut down staking service if regulators mandate censoring transactions appeared first on CryptoSlate.
2022-8-18 10:10 | |
|
|
Netherlands’ Fiscal Information and Investigation Service (FIOD), which arrested a Tornado Cash developer on August 12, said that developers could be held responsible if they created a code for the “sole purpose” of committing a crime or facilitating criminals.
2022-8-17 18:34 | |
|
|
On Monday, Coin Center said the U. S. Department of Treasury overstepped its mandate when it sanctioned mixing service Tornado Cash, vowing to pursue redress over the matter. The group says it's seeking to "engage" the Office of Foreign Assets Control and is considering a court challenge.
2022-8-17 23:30 | |
|
|
The Tornado Cash chronicle unfolds. Authorities in the Netherlands apprehended a man suspected to be a Tornado Cash developer in Amsterdam on Wednesday. The Fiscal Information and Investigation Service said that the unidentified 29-year-old man was reportedly involved in money laundering via the decentralized Ethereum mixer Tornado Cash. In the Netherlands, FIOD is the body […]
2022-8-12 17:31 | |
|
|
Cryptocurrency exchange dYdX said it blocked user accounts with an association with Tornado Cash, the crypto-mixing service recently sanctioned by the U.S. Treasury.
2022-8-11 12:37 | |
|
|
Vitalik Buterin, a co-founder of Ethereum, said he used the Tornado Cash mixing service that has now been sanctioned by the U.S. government. The post Tornado Cash Used For Good Causes Too, Vitalik Buterin Asserts As Crypto Community Reacts to Ban appeared first on BeInCrypto.
2022-8-10 07:02 | |
|
|
Audius moves “power, profits, control and governance from record labels and centralized [platforms] to artists and fans,” the report said.
2022-7-26 17:12 | |
|
|
Financial watchdogs in South Korea are checking commercial banks' foreign exchange transactions for the illegitimate use of cryptocurrencies. An unnamed Financial Supervisory Service official said The post South Korea: The LUNA investigation is leading the FSC to check... appeared first on AMBCrypto.
2022-7-22 21:30 | |
|
|
The venture capital-backed Porter Finance said the lack of “institutional fixed income DeFi adoption” drove its decision.
2022-7-6 12:44 | |
|
|
The firm said it was starting a "Crypto Incident Response" hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.”
2022-6-23 19:15 | |
|
|
Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens.
2022-6-16 00:15 | |
|
|
Alessio Evangelista, the associate director for Enforcement at the Financial Crimes Enforcement Network (FinCEN) said “too often” crypto service providers have opted to keep their head in the sand about blatantly suspect wallets “right up until the day of an OFAC designation or criminal indictment.”
2022-5-20 19:37 | |
|
|
Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.”
2022-5-5 00:08 | |
|
|
"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan.
2022-4-5 18:37 | |
|
|
The UK announced plans to mint an NFT and said it want to bring stablecoins into the country’s payments framework to enable issuers and service providers to flourish in the country. The post UK begins campaign to become crypto “world leader” with an NFT appeared first on CryptoSlate.
2022-4-5 19:20 | |
|
|
The Kimchi premium has seen a definite rebound after Christmas, recovering to 3. 83% on Dec. 27. While this is still significantly lower than the 5. 26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South Korea and global markets.
South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists. The move comes amid rising concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions.
Over 30% of South Koreans now invest in crypto, with 15. 59M holders in November. Crypto trading volume in South Korea now rivals stock markets, with daily trades hitting 14. 9 trillion won. iDEGEN, an AI-powered coin that has raised $8.
A new report shows that more than 30% of the South Korean population holds crypto, with investors now holding over 100 trillion won in assets. South Korea‘s crypto market is rapidly booming as the number of investors reached 15.59 million…
A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. Related Reading: Metaplanet Turns To Bitcoin With Massive 4.
CryptoQuant CEO warns of economic instability and calls for reform in South Korea’s financial policies. In a Dec. 19 post on X, Ki Young Ju, the CEO and founder of CryptoQuant, expressed grave concerns about the status of the Korean…
A former South Korean legislator from the Democratic Party received a six-month prison term for deliberately withholding significant cryptocurrency holdings from his mandatory financial disclosures, in a case that has drawn fresh scrutiny to the transparency standards for public officials in one of Asia’s major economies.