South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange.

Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange

According to a notice issued by Busan City and reported by MarsBit news, the selection process for operators for the Busan Digital Asset Exchange is currently underway. Busan Dig...

10 months ago

The Commodity Futures Trading Commission (CFTC) has announced the award of $16 million to whistleblowers this year with a significant amount going to crypto-related cases.

CFTC Discloses $15 Million Payment to Crypto Whistleblowers

In an Oct 31 press release, Commissioner Christy Goldsmith Romero speaking on the Whistleblower policy highlighted the achievements, awards offered, and associated judgments as financial re...

10 months ago

Bitcoin and Halloween

A Halloween Blessing: Why Today Is Important For Bitcoin

October 31 marks an important day in the history of Bitcoin as 15 years ago, Bitcoin’s founder, Satoshi Nakamoto, first published the cryptocurrency’s whitepaper. ...

10 months ago

SEC To Greenlight Spot Bitcoin ETF November 2? Lawyer Spots Clue

Scott Johnsson, a notable attorney from Davis Polk, has shed light on a potential clue regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) on November...

10 months ago

The U.K. government published its response to a consultation paper issued earlier this year, which outlined recommendations on how the crypto industry should be regulated.

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will look to bring in formal legislation for crypto activities b...

10 months ago

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months.

Kenya to introduce digital IDs for citizens by year-end

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. According to the president of Kenya, Wil...

10 months ago

Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach since 2022, with the latest hack adding to the toll.

Crypto thief steals $4.4M in a day as toll rises from LastPass breach

At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass. In an Oct. 27 ...

10 months ago

This past week saw a diverse set of tokens participating in an upswing, and the meme coin Pepe (PEPE) was the star of the show.

BTC ETF speculation sparks meme coin market surge

In the wake of the recent crypto market turbulence, spurred by speculation about Bitcoin spot ETF acceptance, PEPE has made waves with its announcement of burning more than $5.5 millio...

10 months ago

K-Bank Acquires Majority Stake for $102 Million

Thailand’s K-Bank Acquires 97% Stake in Parent Company of Satang Crypto Exchange

Thailand’s second-largest bank, Kasikorn Bank, widely known as K-Bank, has acquired a 97% stake in the parent company of the established Satang crypto exchange. This strategic ac...

10 months ago

It marks the latest push for the U.K.-headquartered firm into the Asia-Pacific region. Founded in 2020, Zodia Custody helps financial institutions store their crypto securely.

Standard Chartered-owned crypto firm Zodia launches in Hong Kong

Zodia Custody, the crypto security firm owned by British banking giant Standard Chartered, is launching its services in Hong Kong, the company told CNBC exclusively. It marks the ...

10 months ago