People familiar with the matter: the head of DWF Labs is suspected of being connected to the $4 billion crypto Ponzi scheme OneCoin

Interpretation of Web3 wallet: not a piece of puzzle for exchanges, but a way out

The world has been suffering from MetaMask for a long time, so the latecomers have more or less the mentality of "this can replace it".

Breaking Barriers: South Africa Poised to License 60 Crypto Exchanges

South Africa's endeavor to license 60 crypto platforms signifies a pivotal moment in the nation's regulatory landscape. While the process aims to ensure compliance and consumer protection, challenges remain, particularly concerning banking services and regulatory clarity.

Hong Kong's Only Two Licensed Crypto Exchanges, Unlicensed Platforms Face 31 May Shutdown

Hong Kong's Securities and Futures Commission issues a deadline for crypto exchanges to obtain licenses or face shutdown, leaving only two licensed exchanges in operation. The move aims to regulate the crypto market, but challenges lie ahead in balancing innovation with regulatory compliance.

Tiger Trade Secures Crypto Trading Nod in Hong Kong

Tiger Trade, backed by UP Fintech, pioneers cryptocurrency trading in Hong Kong, offering a unified platform for traditional and crypto assets, enhancing the trading experience for investors. This strategic move reflects UP Fintech's commitment to staying at the forefront of the evolving financial landscape.

An inventory of the current status of 14 licensed/shen-licensed virtual asset trading platforms in Hong Kong

OSL and Hashkey have already obtained compliance licenses, are ahead of the curve, and are vigorously expanding their business; 12 institutions followed suit and became license applicants, vowing to carve out their own space in the Hong Kong virtual asset market.

South Korea's Crypto Crackdown: Regulators Take Strides Against Unlicensed Exchanges

South Korea strengthens crypto oversight with DAXA and FIU, focusing on compliance and transparency.

FBI Takes Down Unlicensed Crypto-to-Fiat Operation in New York

A group of Indian nationals stands accused of running this illicit business, converting digital currency into cash for clients seeking anonymity. Five out of the six suspects were apprehended on October 17th and charged with operating an unlicensed money-transmitting business.

OpenSea halts trading of staked-ether NFTs as creator calls marketplace 'unlicensed casino'

Ether.Fi said OpenSea is not allowing for the trading of its staked-ether NFTs. OpenSea sent Ether.Fi a response, saying it “doesn’t allow NFT collections that ‘carry out any financial activities subject to registration or licensing.'”

[Feature] Virtual Asset Trading in Hong Kong Will Be Licensed in June. How to Obtain a License and Who Will Be Eligible to Trade?

Brian Armstrong, CEO of Coinbase, retweeted on Twitter today about the news that 'Hong Kong will officially open cryptocurrency trading to all citizens this June', which has attracted market attention.

Bloomberg: For cryptocurrencies, regulatory arbitrage is a feature, not a bug