Crypto exchanges exit Hong Kong license race ahead of May deadline

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy. Thailand’s Securities and Exchange Commission (SEC) has issued new rules for digital asset service providers focused on investor protection.The new guidelines require digital asset service providers to offer adequate warnings highlighting…

Previously known as Okcoin Europe, OKX began serving users in the Netherlands in 2021 after registering with the Dutch Central Bank.

As shelter-in-place orders are extended throughout the United States due to the coronavirus pandemic, controversy around online voting systems has surfaced. The dangers of internet voting were recently publicly announced by the American Association for the Advancement of Science, or AAAS.On April 9, the AAAS Center for Scientific Evidence in Public Issues wrote an open…

The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit.In spite of the widespread carnage, the insurance fund of leading derivatives exchange, BitMex, only took two days to break back into new all-time…

The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ether’s (ETH) 1.6% gains for the week are far from encouraging.To date, the total crypto market is down 43% in just two…

New all-time highs keep rolling in for ADA/USD but familiar BTC hodlers have reasons to be "excited" about the coming months. 760 Total views 3 Total shares Cardano's ADA token neared $2.40 on May 15 as a select few altcoins bucked the bearish mood to steal the spotlight from a weak Bitcoin (BTC).ADA/USD 1-hour candle…

Digital Currency Group (DCG) is reportedly under investigation in New York for financial transactions involving its subsidiary, Genesis Global Capital. 44 Total views 2 Total shares Digital Currency Group (DCG) is now under scrutiny for its financial transactions involving its subsidiary, Genesis Global Capital. The investigation is reportedly being conducted by New York Attorney General…

The Charity Commission opened the inquiry on Dec. 19, after FTX had filed for bankruptcy in the United States and former CEO Sam Bankman-Fried was arrested. 142 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe commission in charge of regulating registered charities in England and Wales has…

The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022. 207 Total views 13 Total shares Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the…