South Korea’s Financial Intelligence Unit (FIU) is set to conduct a disciplinary hearing on January 21 to evaluate Upbit, the nation’s largest cryptocurrency exchange, for alleged violations of Know-Your-Customer (KYC) regulations. During a recent on-site inspection tied to the renewal of Upbit’s Virtual Asset Service Provider (VASP) license, the FIU
January 15, 2025 2 mins read
The Korea Financial Intelligence Unit (KoFIU) has presented Wavebridge with official approval to operate as a Virtual Asset Service Provider (VASP). Wavebridge is a major cryptocurrency firm in South Korea. The achievement of this regulatory milestone makes it possible for Wavebridge to grow its activities inside South Korea, so enhancing its
January 9, 2025 2 mins read
Significant advancements were made in the blockchain sector in the year 2024, as shown by a boom in the acceptance of blockchain technology by the general public and the participation of institutions. Binance, a pioneer in the industry, has been at the forefront of revolutionizing trends and has accomplished significant
January 9, 2025 5 mins read
December 2024 was a month that saw the cryptocurrency landscape experience both extraordinary highs and major challenges, which helped to lay the scene for 2025 to be a year that would be marked by significant developments in the ecosystem of digital assets. The Monthly Markets Insights report from Binance Research reveals
January 7, 2025 5 mins read
KuCoin has introduced KuCoin Pay, a ground-breaking merchant solution intended to spur company expansion by integrating cryptocurrency payments into the retail industry, marking a major advancement for digital commerce. This cutting-edge system provides frictionless, safe, and borderless transactions, bridging the gap between conventional retail and cryptocurrency. KuCoin Pay is positioned to
January 2, 2025 1 min read
The recent decline in Bitcoin’s price has intensified investor anxiety on the future of the flagship cryptocurrency. Plus, the leading altcoins tend to mimic Bitcoin’s price movements, so it added gasoline to the fire of conjecture about the future of the whole crypto market. Nonetheless, Matrixport has pointed to BTC’s
December 30, 2024 2 mins read
To talk about the future of digital payments, senior executives from the crypto and regulatory sectors convened at the Blockchain Expert conference in Tel Aviv. Experts at the event said that “all payments worldwide will be instantaneous in just a few years.” Stablecoins Lead Blockchain Transfers “Most transactions processed by Fireblocks,
December 24, 2024 2 mins read
The leading Bitcoin scaling solution, exSat, is thrilled to announce the launch of a developer incentive program with a total value of $5 million. This initiative is intended to stimulate creativity and speed up the development of the next generation of disruptive apps for the Bitcoin ecosystem. The initiative will
December 19, 2024 2 mins read
The blockchain for data, Flare, has officially introduced FXRP (tokenized XRP) on its canary network Songbird. This significant event signifies the next stage in the implementation of Flare Labs’ FAssets protocol, which is intended to allow non-smart contract cryptocurrencies like DOGE, BTC, and XRP to interact with DeFi apps. The FAssets system
December 18, 2024 3 mins read
In order to facilitate the conversion of cryptocurrency to travel loyalty points, Crypto.com today announced a collaboration with ALL, Accor’s loyalty program and booking platform. Users may now convert cryptocurrency to reward points straight from the Crypto.com App thanks to a market-first cooperation with ALL. With over 5,600 hotels globally,
December 18, 2024 2 mins read