Crypto.com, a crypto exchange company from Singapore, recently received a license that allowed it to provide crypto financial derivatives in the European Economic Area. On May 21, the company announced that it had secured a Markets in Financial Instruments Directive (MiFID) license. On the matter, the co-founder and the chief
May 21, 2025 2 mins read
The Financial Services Commission of South Korea will make it compulsory for non-profit organizations and crypto exchanges to comply with a firm customer verification process from June. The official release of FSC states that these bodies will be permitted to sell virtual assets under new laws. Nonprofits are permitted to
May 21, 2025 2 mins read
The Australian Securities and Investment Commission (ASIC) is looking for special leave from the High Court to appeal a ruling in favor of Block Earner, boosting the status of virtual asset yield products. The ASIC is requesting the High Court to shed light on how interest-earning and asset conversion products
May 21, 2025 2 mins read
The chairman of the Securities and Exchange Commission of the United States, Paul Atkins, has faced scrutiny on May 21 for the stance of the SEC on Trump-associated mememecoin and its management of the fraud case associated with Justin Sun. The questions arose at the time of a House Appropriations
May 21, 2025 2 mins read
Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder. They posed as Ugandan security
May 20, 2025 2 mins read
DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy. The fintech firm
May 20, 2025 2 mins read
Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday. Anas Hamza accused Strategy and its officials, including the co-founder
May 20, 2025 2 mins read
The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future. On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you
May 20, 2025 2 mins read
The crypto regulator of Dubai has given a deadline of June 19 to various digital assets companies to comply with its updated activity-based rulebooks to boost market integrity as well as risk oversight. Dubai’s Virtual Assets Regulatory Authority (VARA) publicized on May 19 that it had launched Version 2.0 of
May 19, 2025 2 mins read
Ripple has recently collaborated with two new partners, Zand Bank and fintech company Mamo, in order to widen its network in the United Arab Emirates (UAE). The collaboration will help to leverage its blockchain-based cross-border payments platform. On May 19, Ripple released a press release to make an announcement, followed
May 19, 2025 2 mins read