Hong Kong Chief Executive speaks out on virtual currency exchange Hounax scam
“Government regulation is important†Hong Kong Special Administrative Region Chief Executive John Lee made a statement on the 28th regarding the fraud incident involving the crypto asset (virtual currency) exchange Hounax. Mr Lee said government regulation will be important to…
US SoFi suspends virtual currency trading service, migrates to Blockchain.com
Tougher regulatory environment On the 29th, SoFi, a major US online loan intermediary service, announced plans to shut down and transition its virtual currency trading service. SoFi, an abbreviation for social finance, is a fintech company that primarily provides student…
BlackRock and Invesco meet again with the SEC regarding Bitcoin ETF listing application
Explanation at additional meeting with SEC It has been revealed that the US SEC held a meeting with the applicants, BlackRock (for the second time) and Invesco, on the 28th of this week regarding the listing application for a physical…
Philippine authorities warn users that they will soon block access to Binance | CoinDesk JAPAN
The Philippine Securities and Exchange Commission (SEC) has warned users in the Philippines that access to Binance may soon be blocked, saying it operates without a license in the country. ing. The commission said in its notice that Binance is…
It is possible to ensure privacy with CBDC: BIS project releases report | CoinDesk JAPAN
A joint project by central banks has shown that it is possible to maintain privacy when making payments with national digital currencies. Tourbillon, a project from the Innovation Hub of the Bank for International Settlements (BIS) in Switzerland, investigates payer…
1 Top Crypto Stock to Buy for Bitcoin Exposure
Investing in cryptocurrencies, such as Bitcoin (BTCUSD), has helped investors derive game-changing returns over the past decade. Bitcoin prices have surged 120x in the last eight years, 7x in the last five years, and more than doubled in 2023. Despite…
Changpeng Zhao resigns from Binance.US board
Changpeng Zhao has reportedly resigned from the Binance.US Board of Directors. The former Binance CEO has also relinquished his voting rights in the US affiliate and will not participate in any governance decisions. Binance.US has announced that Changpeng Zhao, who…
US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers. The Treasury Department said in…
Banxa Partners with Trust Wallet for Secure, Seamless Crypto Transactions
Partnership underlines commitment to drive user adoption and facilitate wider access to the crypto ecosystem TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Banxa, the leading payments infrastructure provider for the crypto-compatible economy, has announced its partnership with Trust Wallet, a…
U.S. Treasury Sanctions Crypto Mixer Sinbad For Laundering $850 Million For North Korean Hackers Lazarus
The post U.S. Treasury Sanctions Crypto Mixer Sinbad For Laundering $850 Million For North Korean Hackers Lazarus appeared first on Coinpedia Fintech News The United States Treasury Department, through its Office of Foreign Assets Control (OFAC), has imposed stringent sanctions…