Kazakhstan Blocked 980 Unregistered Crypto Trading Platforms in 2023
The Financial Monitoring Agency of Kazakhstan recently noted that the firm has launched an investigation into 9 crypto firms for conducting illegal trading operations. These...
Swiss Crypto Bank Seba Rebrands Itself as Amina Bank
Swiss banking firm Seba has rebranded its name to Amina as part of its global expansion program. The new name translates to transamination or transferring...
US Legislators Introduce CLARITY Act to Restrict Federal Dealings with Chinese Blockchain Companies
Legislators in the USA have introduced the CLARITY Act to limit involvement with China-based blockchain projects. The Act contains regulatory guidelines that restrict the exposure...
ProShares Introduces Short Ether-linked ETF
ProShares introduced the first Bitcoin-linked ETF in the United States. The ETF was listed at NYSE under ticker BITO backed by Bitcoin futures. The company...
China’s Central Bank Governor Issues Stringent Regulatory Requirements for Crypto Sector
Pan Gongsheng is the newly appointed governor of the Chinese Central Bank. He recently reiterated the austere stance on the cryptocurrency sector. During the latest...
New Report Reveals the Six Bitcoin Billionaires of the World
Cryptocurrency markets have witnessed inflow of millions of investors from every part of the world. A recent survey published by TripleA and GWI claims that...
Ex-Chinese Official Gets Life Sentence for $329M Bitcoin Mining Scheme
Xiao Yi is a Chinese official who worked as part of the Jiangxi Provincial Political Consultative Conference Party Group and served as Vice Chairperson. However,...
China Unveils Social Credit System for Metaverse Users
A new proposal in UN from China talks about the issuance of digital IDs and real-world litigation for offenses taking place in Metaverse. It means...
Singaporean Authorities to Seize $735 Million in Money Laundering Case
Law enforcement agencies in Singapore are cracking down on a major money laundering scheme. The police officials and investigators have managed to apprehend the key...
Kuwait’s Regulator Bans All Crypto-Related Activities
The regulatory authorities in Kuwait have now imposed an absolute ban on all cryptocurrency-related activities under their jurisdiction. On this front, the Central Bank of...