Report: Hong Kong now planning to legalize retail crypto-trading
According to a report published by Bloomberg, Hong Kong is planning to legalize retail trading of crypto-assets in a bid to position itself as a...
Category : Business
Norway embraces the metaverse with tax office in Decentraland
Norway has forayed into the metaverse with the announcement of a tax office in Ethereum-based Decentraland. The country’s tax agency, Skatteetaten, along with its central...
Busan welcomes these two crypto exchanges to boost blockchain sector
According to a statement released on 26 October, Busan, South Korea’s second-largest city and aspiring blockchain hub, has signed commercial partnerships with Gate.io and Crypto.com...
Cryptocurrency exchange Bithumb ex-chair could face jail term, here’s why
As per the South Korean news agency Yonhap, the prosecutors in South Korea are seeking Lee Jung-hoon, the former head of the cryptocurrency trading company...
South Korean regulators studying crypto whales- Here’s why
The Financial Service Commission (FSC), South Korea’s leading financial watchdog, believes that stablecoins and cryptocurrencies may make it easier to launder money. As a result,...
FTX CEO announces ‘one-time’ compensation to select phishing victims
Sam Bankman-Fried, the founder and CEO of FTX, has announced that the exchange would provide a one-time compensation to those who had their accounts compromised...
Brazil ATMs are set to make USDT available- Here’s how
A stablecoin company has made inroads into a South American country to provide a more stable alternative currency at a time when economies are anything...
South Africa brings crypto under financial assets segment, details here
South Africa has become the latest country to bring cryptocurrency into the financial assets segment. The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator,...
MasterCard, Paxos collaborate to aid banks in offering crypto-trading services
Payments giant MasterCard is set to launch a new program in collaboration with crypto-exchange Paxos. This new venture will aid financial institutions in offering crypto-trading...
South Korea to provide blockchain-based Digital IDs to its citizens
South Korea is planning to introduce blockchain-based digital IDs for its citizens with a smartphone by 2024, according to Bloomberg. These digital IDs will be...