Hong Kong SFC: New Rules For Virtual Asset Platforms
Hong Kong’s Securities and Futures Commission (SFC) has recently released a circular outlining the transitional arrangements for the implementation of a new licensing regime for...
Shanghai Police Investigate CNHC Team’s Cross-Border Payments
The recent investigation into the CNHC team by the Shanghai police has taken an unexpected turn, suggesting that the probe may not be directly related...
BRICS Nations Consider New Currency, Challenge USD Dominance
Brazil’s President Luiz InĂ¡cio Lula da Silva expressed his aspirations for a trading currency alternative to the US dollar. Lula’s vision of trading in currencies...
Bybit Joins Other Exchanges In Exiting Canadian Market
Bybit, a prominent cryptocurrency exchange, has announced its decision to exit the Canadian market starting May 31, citing recent regulatory developments in the country. This...
UAE And Hong Kong Central Banks Forge Financial Services Collaboration
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened in Abu Dhabi for a bilateral meeting aimed...
Korean Police Collaborate With Exchanges For Virtual Asset Controls
The National Police Agency of Korea is set to convene a “Working Meeting on Virtual Asset Exchanges” with the country’s five major virtual asset exchanges...
European Firms Seek Top Crypto Compliance Staff Amid Bankruptcies
In the wake of the recent bankruptcy of Silvergate and Signature Bank, European financial institutions are in a heated race to secure the services of...
Wanchain and Function X Join Forces for Non-Custodial Crosschain Bridges
In an exciting development, Wanchain and Function X have collaborated to launch groundbreaking decentralized bridges that connect f(x)Core, the multi-layered blockchain platform by Function X,...
Lyra System to Remain Unavailable During Optimism Bedrock Upgrade
The well-known system Lyra is set to go through a planned period of system unavailability to be ready for the eagerly awaited Optimism Bedrock upgrade,...
Bybit Expands Operations With Approval From Kazakhstan’s AFSA
Bybit, a leading cryptocurrency exchange, has recently obtained pre-approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to operate as a digital asset trading facility and...