The stablecoin is intended to serve as a payment method for foreign trade without requiring the use of any fiat currency.
January 17, 2023Nepal declared crypto illegal in September 2021. The order for ISPs and email providers to block crypto websites and apps is new.
January 17, 2023The DTI Foundation, a division of Etrading Software, has so far issued ISO-standard DTI codes for over a thousand of the most commonly traded digital assets.
January 12, 2023Attacks have proliferated due to the increased use of technology, continued adoption of cryptocurrencies, and the emergence of Ransomware-as-a-Service models.
December 23, 2022Europol recommends close cooperation between enforcement bodies and crypto providers to curb associated crime and money laundering.
December 8, 2022UK police unit Action Fraud said crypto-related fraud losses from October 2021 to September 2022 amounted to $270mn.
November 30, 2022BlockFi said its liquidity crisis was due to its exposure to FTX as well as cryptocurrencies held on FTX's platform that became trapped.
November 29, 2022HashKey has full approval to operate a crypto trading platform in Hong Kong and in-principle approval to offer fund management services in Singapore.
November 10, 2022Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.
November 4, 2022Retail investors won't be allowed leverage and will have to undergo a knowledge test. Stablecoin issuers will have strict rules on reserve assets and a S$1bn capital requirement.
October 27, 2022