The Securities and Exchange Commission (SEC) of Thailand is working to better protect cryptocurrency investors by introducing new rules for crypto custody services. On Jan. 17, the Thai SEC issued reg...
Category: Crypto
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Thailand’s SEC Issues New Regulations For Crypto Custodians
Thai SEC introduced new regulations for crypto custody service providers. Crypto custodians in the country will have to submit a contingency plan. Thailand’s financial regulators ramped up crypto regu...
Hashkey Capital commits $500M to advance crypto, blockchain initiatives
HashKey Capital announced its third fund, HashKey FinTech Investment Fund III, with a total commitment of $500 million, according to a Jan. 17 press release. According to the announcement, Fund III wi...
Federal consumer protection watchdog stakes out crypto turf in SEC shadow
The U.S. Consumer Financial Protection Bureau, which is tasked with overseeing a hodgepodge of financial service providers including payment companies, appears to be taking a fresh look at crypto regu...
Troubled crypto lender Vauld gets extended creditor protection
Embattled crypto lending platform Vauld was granted another period of creditor protection from a Singapore court. The company should come up with a revival plan before Feb. 28. As reported by Bloombe...
SEC charges over Gemini, Genesis Earn program latest shot at crypto lending
The Securities and Exchange Commission’s recent charge against cryptocurrency exchange Gemini and crypto firm Genesis over a lending product is another warning shot to the industry on yield-bearing ac...
Drop zero crypto policy Bernstein tells institutions
Bernstein has some advice for institutions: Get some skin in the game. “Get off zero crypto allocation,” the asset manager told institutions following the publication of its global ...
Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stock...
Algorand TVL Hits $177 Million As Altcoin Rally Continues
Algorand is one of the fastest growing crypto in terms of gains. According to CoinGecko, the token has appreciated by 30% in the last two weeks. With the broader crypto market rallying as Bitcoin brea...
Crypto Market sees Significant Surge; Short Liquidations Reach 500 Million USD
For about last week, major cryptocurrencies are rallying upwards resulting in pumping their relative market capitalization. This pump led the market cap of the global cryptocurrency market to reach ov...
Kevin O’Leary Doubles Down on Bitcoin (BTC) Accumulation, Predicts Unregulated Crypto Exchanges ‘Go to Zero’
Venture capitalist Kevin O’Leary is doubling down on crypto markets despite being involved with the collapse of FTX, which he was a paid sponsor of. In a new interview with Kitco, O’Leary reveals his ...
Iran drops a blanket of restrictions on local crypto exchanges
Iranian Cyber Police, also known as FATA, has released a set of restrictions for the local cryptocurrency exchanges, according to Saeed Ghasemi, a crypto reporter at the Persian outlet MihanBlockchain...
Thai SEC unveils new crypto custody update – Cryptopolitan
The Thai SEC has announced a new development regarding companies and platforms choosing to offer custodial services to crypto traders and users. According to the report, the regulator mentioned that i...
Fidelity International-backed OSL latest crypto outfit to slash workforce: Bloomberg
Fidelity International-backed OSL, a digital-assets platform, is the latest crypto firm to cut jobs, Bloomberg News reported. The Hong Kong-based company is cutting costs by about 30%, including...
Bitcoin: All-time low, 29% in crypto-margin futures open interest, suggests risk-off environment
Futures open interest is the total amount of funds (USD Value) allocated in open futures contracts. At the time of writing, futures open interest is around 415k BTC, equivalent to $8.5bn. However, the...
Vote on Crucial European Crypto Legislation Delayed Again
Key Takeaways The European Union’s Markets in Crypto Assets (MiCA) regulation vote is being pushed back to April. The 400-page text reportedly needs to be translated into 24 languages, which is presen...
Andy Yen Is in Favor of Crypto Regulation
Andy Yen is the CEO and co-founder of Proton, a privacy-centered organization that seeks to provide a whole new (autonomous) version of the Internet. Yen Wants to See Change in the Crypto Space In a r...
BTC and the 2023 crypto market head for a bull run – Cryptopolitan
Following a successful week for bitcoin (BTC) and many other major cryptocurrencies, traders are now looking for clues as to what can trigger the next bull run. BTC and altcoins are on the rise in 202...
Crypto investor HashKey Capital closes third fund at $500 million
Crypto investment firm HashKey Capital has closed its third fund by raising $500 million. The fund comes as the industry is reeling under pressure from recent collapses and the bear market. Dubb...
Japan wants crypto ‘regulated’ and ‘supervised’ like “traditional institutions”
The Financial Services Agency of Japan wants crypto to be regulated like banks. The country’s crypto policy has helped local FTX investors to access their funds. Japan’s top regulator is looking to im...
Binance Coin Forms Bearish Pattern, Fundamentals Look Strong
In the wake of FTX’s collapse, many eyes focused on the now undisputed largest cryptocurrency exchange in the world, Binance. Due to an opaque proof of reserves, the withdrawal of accounting firm Maza...
Japanese regulators want crypto treated like traditional banks
Financial regulators in Japan have urged global regulators to treat crypto the same way as they do banking, calling for tougher rules for the sector. According to the deputy director-general of the Fi...
Regulate Crypto Like Banks: Japan’s Financial Services Agency
Japan is urging global regulators to treat crypto with the same rigor as they do banks. Mamoru Yanase, FSA’s Deputy Director General, believes crypto should be regulated. Yanese proposed US, EU regula...
Crypto thieves give away cars after stealing too much bitcoin
Criminals behind a UK-based bitcoin scam bribed authorities, bought luxury properties with suitcases full of cash, and handed out thousands of pounds to people in the street after making “more money t...
Crypto Project BudBlockz (BLUNT) Is A Go-To Marketplace For Cannabis Lovers
The blockchain has had a sluggish year in 2022, which has been called the “crypto winter” by digital media sources. Bitcoin has fallen as low as $1900, and several altcoins have been restored by a lar...
TaxBit acquires rival crypto accounting platform Tactic
TaxBit, a crypto tax and accounting software provider, has acquired rival Tactic to expand its offerings. The acquisition, TaxBit’s first, will help expand its existing corporate accountin...
Japan’s FSA Thinks Crypto Should Be Treated Like Banks
Japan’s Financial Services Agency recently issued a statement urging global regulators to consider treating cryptocurrencies and digital assets in the same manner as banks. According to the Japa...
What The Crypto Revolution Means For The World’s Online Gambling Industry
Crypto has been intertwined with the global gambling industry in the last decade. Most of its major attachments are in online gambling, such as online live casinos or mobile gaming. Even some newer te...