South Korean ministries look to upgrade status of crypto crime unit
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
Related Posts
Binance and FTX list Coinbase stock tokens ahead of exchange’s Nasdaq debut
Major exchanges are elbowing for exposure to Coinbase's listing. 1687 Total views 14 Total shares Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbase’s stock token ahead of its direct listing on Nasdaq.According to a Wednesday announcement, Binance will list Coinbase's stock token (COIN) today, allowing its users to trade…
Blockchain.com raises $120M funding round to grow institutional business
Blockchain.com is continuing its institutional pivot with the new cash injection. 1405 Total views 9 Total shares Several notable macro investment funds joined the round, including Moore Strategic Ventures, Access Ventures, Rovida Advisors, Lightspeed Venture Partners, Google’s investment spin-off GV, Lakestar, Eldridge, Hayman Capital’s Kyle Bass and others. The funding will be used to bolster…
Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
Thai SEC bans exchanges from handling certain token types including NFTs
Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. 1687 Total views 1 Total shares Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday…
Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments
Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its website.Per the announcement, the project, which has been ongoing since mid-2018, aims to optimize operational…
Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai (DAI), a stablecoin pegged to the United States dollar.According to a blog post on Dec. 6, Dai is the first stablecoin that is available on Coinbase Card, alongside major cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC).As 1 DAI is…
OKX to extend offers in Dubai after securing a provisional license
The license will allow crypto exchange OKX to offer services and products to investors and financial services providers in Dubai. 171 Total views 5 Total shares Crypto exchange OKX has acquired a provisional virtual assets license granted by the Dubai Virtual Assets Regulatory Authority (VARA), allowing them to offer additional services to qualified investors and…
Major Crypto Brokerage Coinmama Reports 450,000 Users Affected by Data Breach
Israel-based crypto brokerage Coinmama — which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card — has suffered a major data breach affecting 450,000 of its users. The incident was disclosed in an official company announcement on Feb. 15.The breach is reportedly part of a mammoth, multi-platform hack that affected 24…