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U.S Congressman Considers Crypto as Threat to National Security

California Assembly approved a measure to regulate crypto services. Sherman can’t make up his mind on the best strategy to safeguard crypto investors. In the USA, certain states like California have tightened their rules on cryptocurrencies. For instance, only last week it was announced that the California Assembly had approved

September 5, 2022 2 mins read

Mercado Bitcoin’s Parent Firm ‘2TM’ Announces Second Layoff

This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second

September 5, 2022 1 min read

Thailand SEC Imposes New Guidelines on Crypto Advertising

The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means only. The Thailand SEC has lately reexamined advertising regulations and imposed certain new guidelines, including a mandate for companies to inform consumers of investing

September 3, 2022 2 mins read

Elon Musk Sends Second Termination Letter to Twitter

Musk gave whistleblower as the reason for terminating the $44 billion deal. But Musk and Twitter have both issued subpoenas demanding information on Zatko. Elon Musk, CEO of Tesla and the wealthiest man in the world, recently sent Twitter Inc. another notice of termination of their contract. This time, though,

August 31, 2022 2 mins read

Thailand SEC Charges Bitkub Exchange’s CTO of Insider Trading

Bitkub’s CTO Samret Wajanasathian was penalized 8,530,383 baht (about $234,000). The announcement caused a 101% increase in the price of KUB. Enforcement procedures were taken by the Securities and Exchange Commission of Thailand. The action was taken against the chief technology officer of the cryptocurrency exchange Bitkub. This was for

August 30, 2022 1 min read

Zipmex Seeks Meeting Thailand SEC Over Recovery Plan

The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian cryptocurrency exchange Zipmex has sought a meeting with the Securities Exchange Commission (SEC) of Thailand and other relevant authorities to examine the company’s

August 28, 2022 2 mins read

Thai Billionaire Sarath Ratanavadi Forays Into Crypto Sector

According to reports, Gulf Energy Development CEO Sarath Ratanavadi has pledged to diversify some of the firm’s income by investing in blockchain ecosystems. Despite the widespread market crash and the tough position taken by local watchdogs, the decision was made. Furthermore, as per estimates, Ratanavadi is Thailand’s second-wealthiest citizen. His

August 28, 2022 1 min read

ETF Application of VanEck Delayed by SEC Until October

The original deadline for a decision from the regulator was on August 27. Cboe BZX Exchange would become a trading venue for VanEck’s product. New York-based global asset manager VanEck is now going to await a decision from the United States Securities and Exchange Commission (SEC) about its newest application

August 27, 2022 1 min read

Second Sequel of NC Global Media’s NC BlockFiesta’22 Concludes

Chennai, India–(Newsfile Corp. – August 25, 2022) – NC Global Media presented the NC BlockFiesta’22 at Chevalier T.Thomas Elizabeth College for Women on 25 August 2022. Yet another remarkable episode of NC Global Media’s NC BlockFiesta’22 commenced at Chevalier T.Thomas Elizabeth College for Women (CTTE) on August 25, 2022, in

August 26, 2022 3 mins read

SEC Making Every Attempt to Limit Ripple’s Testimonies

SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request

August 26, 2022 2 mins read