Hong Kong is preparing to introduce a new regime for virtual asset regulation as the Securities and Futures Commission (SFC) published the conclusions of a weeks-long consultation on regulatory guidelines for crypto platforms on May 23. From June 1, Hong Kong crypto exchanges must seek licenses under the Securities and Futures Ordinance (SFO) and the
yPredict, a revolutionary new AI-powered cryptocurrency trading and market intelligence platform, has raised $1.66 million in its presale. The platform is building an institutional-grade crypto price prediction system that uses deep data analysis to help investors discover the next explosive cryptocurrency. The Platform The yPredict platform offers traders and investors access to dozens of AI-powered
While Bitcoin and Ethereum are currently experiencing a downturn, the world of meme coins continues to dominate the charts. The latest addition to this market is $BIBLE, which has seen a significant surge of 37% following its listing on exchanges. This coin follows in the footsteps of other religious-themed coins such as $GOD, $BABYJESUS, and
China Central Television recently aired a segment on virtual assets that caught the attention of people worldwide. The brief segment featured bitcoin, nonfungible tokens, and announced the implementation of a mandatory licensing system for virtual asset trading platforms by Hong Kong’s Securities and Futures Commission starting June 1. Guidelines for Virtual Asset Trading Platforms As
The South Korean crypto exchange, Coinone, has been involved in a listing scandal, which has led to four individuals being indicted, according to The JoongAng on May 21st. Coinone’s listing team leader, Kim Mo, and Coinone’s listing broker, Hwang Mo, were both indicted along with two others. Coinone’s former Chief Sales Officer (CGO), Jeon Mo-ssi,
The National Anti-corruption Bureau of Ukraine (NABU) has joined forces with the United States Embassy to explore the country’s cryptocurrency sector in a bid to expose money launderers. The NABU has declared that its efforts will be supported financially by the US State Department’s Bureau of International Narcotics and Law Enforcement Affairs. NABU’s Cryptocurrency Investigation
Republican Senator Tim Scott has formally announced his candidacy for the US presidency, joining a list of candidates that includes former President Donald Trump. Scott, who is South Carolina’s first Black senator and the ranking member of the Senate Banking Committee, has been an advocate for digital assets regulation and consumer protection. He aims to
Coinbase, a cryptocurrency exchange, is launching a new TV campaign in Washington DC this week to promote the future of cryptocurrency amid its ongoing fight with US regulators. The CEO of Coinbase, Brian Armstrong, stars in the almost two-minute-long video, in which he lays out the benefits of crypto and calls out its “naive view”.
Ledger, a popular hardware wallet manufacturer, recently launched a new feature called Ledger Recover. This feature allows users to “share” their wallet seeds with three different parties for added security in case of loss or damage to the device. However, concerns were raised within the crypto community that this could potentially lead to government access
UPbit, a leading South Korean cryptocurrency exchange, announced that the Digital Asset Exchange Association (DAXA) had removed investment warnings on KAVA and WAVES and resumed deposits for these assets. Earlier, DAXA had issued warnings about KAVA and WAVES after stablecoins linked to them were discovered to be “not normally linked to 1 dollar”. The South