Telegram CEO Pavel Durov’s arrest has worrying implications for crypto
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.
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FTX estate stakes 5.5M Solana coins
The coins staked worth $122 million and represent a small fraction of FTX's holdings of Solana. 63 Total views 1 Total shares FTX estate seems to be bullish on Solana’s native token SOL (SOL), as it staked over 5.5 million in SOL coins on Oct. 13. According to on-chain data, an FTX-identified wallet sent the
Anti-Money Laundering Laws Apply to Crypto Too, Says FinCEN Chief
The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke at the University of Georgetown where he made it clear that Anti-Money Laundering (AML) laws apply to everyone.On Oct. 21, banking trade publication American Banker reported that Blanco said that fintech firms offering cryptocurrency users anonymity must comply with AML laws “just like…
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…
Bitcoin mining firms keep building despite BTC mining profitability slump
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs. 828 Total views 8 Total shares Despite a 44% decline in Bitcoin (BTC) mining profitability over the last year, some Bitcoin mining companies have continued to build and increase production, according…
Metaplanet completes Bitcoin buying goal with another $1.2M purchase
Since its first Bitcoin purchase, the company's stock price surged 810% from about $0.12 to $1.10.
Thailand stock exchange to open digital asset trading… without crypto?
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform. 1571 Total views 8 Total shares The Stock Exchange of Thailand, or SET, is planning to launch a digital asset trading platform in the second half of 2021, but it will not include cryptocurrencies.The headline in The Bangkok Post “Digital asset…
Celsius users concerned over personal info revealed in bankruptcy case
Crypto lending platform Celsius filed for Chapter 11 bankruptcy on July 13, 2022. Although the Celsius case involves digital assets, it remains subject to United States Bankruptcy Code under the Bankruptcy Court for the Southern District of New York. While this may be, a series of unusual events have ensued since Celsius filed for bankruptcy. For…
South Korean District to Implement Blockchain for Administrative Transparency
A district in the South Korean capital has announced it will apply blockchain to its proposal evaluation system, privately owned local news agency Newsis reports on Jan. 16According to the article, South Korea’s Yeongdeungpo-gu — an administrative district in southwest Seoul — aims to strengthen its administrative transparency by applying a blockchain-based evaluation system.The system…