Nomura-backed Komainu raises $75M in Bitcoin to fuel global expansion
Komainu Holdings has secured $75 million in Bitcoin funding from Blockstream to expand globally, integrate advanced crypto tech and establish a BTC treasury for risk management.
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Binance to assist Cambodia in developing crypto regulations
Crypto exchange Binance has signed similar agreements with governments in Kazakhstan, Dubai and Bermuda. 100 Total views 4 Total shares Crypto exchange Binance has signed a memorandum of understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC), according to a June 30 announcement.Binance and SERC will work together to develop crypto regulations in the…
What Crypto Exchanges Do to Comply With KYC, AML and CFT Regulations
While it’s possible to buy top cryptocurrencies like bitcoin (BTC) and ether (ETH) in the over-the-counter (OTC) market, most people will need an exchange in order to buy other altcoins. Exchanges are simply an important component of the system that makes the crypto market tick. Regulators around the world have identified this, which is why…
China-based regulatory and trade associations target NFTs in latest risk notice
“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. 230 Total views 27 Total shares The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in…
Dave Stewart: Live events are key to Web3 music loyalty
SongBits, the platform from Eurythmics’ Dave Stewart, is driving Web3 music forward with live events spotlighting new voices, supporting charity and shaping the industry’s future.
Ripple Exec: Libra’s Major Flaw Is That It’s a ‘Walled Garden’
The major flaw in Facebook’s planned cryptocurrency, Libra, is that it’s a closed system — akin to a “walled garden.”That’s the argument made by Marcus Treacher, Ripple’s senior vice president of customer success, in a CNBC interview published on Sept. 27.“Walled garden” strategies and the antitrust pushbackThe “walled garden” metaphor has notably been used in…
Milei vowed to close Argentina’s central bank — But will he do it?
The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?Argentina carries — with its
Russian Regulator Tells Financial Action Task Force Members To Control Crypto Circulation
All member states of the Financial Action Task Force (FATF) should adopt its recommendation to control the exchange of cryptocurrency, their storage and more, Russian daily news outlet Izvestia quoted a government regulator as saying Monday, Oct. 29.The Paris-based FATF is an intergovernmental organization established in 1989 with the aim of developing standards to fight…
Telegram Asks Court to Appeal Halt on GRAM Distribution
Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens.Rejection of the injunction and the status of the investment contractsIn response to the court’s preliminary injunction earlier the same day freezing GRAM issuance until at least the trial, Telegram…