AUSTRALIA’S REGULATOR REVOKES FTX AUSTRALIA’S FINANCIAL LICENCE |1300 HKT | 0600 UKT | 19 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

The Australian Securities and Investments Commission (ASIC) announced on 19 July its decision to revoke FTX Australia’s financial licence. Despite the cancellation, FTX Australia, which had its Australian Financial Services (AFS) licence suspended by the ASIC in...

COINFUND SECURES $158 MILLION FUNDING TO BACK CRYPTO STARTUPS |1300 HKT | 0600 UKT | 19 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

New York-based venture capital firm CoinFund has reportedly raised $158 million in its fourth seed fund, exceeding its initial fundraising target of $125 million. The fund has already invested in Giza, a startup aiming to introduce artificial intelligence to smart...

FSB ISSUES GLOBAL REGULATORY FRAMEWORK FOR CRYPTO-ASSET ACTIVITIES |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

The Financial Stability Board (FSB) has reportedly introduced the global regulatory framework for crypto-asset activities. The recommendations, which were released on 17 July, are based on the principle of “same activity, same risk, same regulation”. The FSB proposes...

INDONESIA SET TO LAUNCH NATIONAL CRYPTOCURRENCY EXCHANGE IN JULY |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

Indonesia’s Commodity Futures Trading Supervisory Agency (Bappebti) is advancing its plans to establish a national cryptocurrency exchange in July 2023. Bappebti’s head, Didid Noordiatmoko stated that all crypto transactions would be conducted exclusively through an...

BINANCE LAYS OFF OVER 1,000 EMPLOYEES: WSJ |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

The world’s largest crypto exchange Binance has reportedly laid off more than 1,000 employees. This follows the recent resignations of several top executives of the exchange, including Chief Strategy Officer Patrick Hillmann. Binance CEO Changpeng Zhao contested these...

BITCOIN SOARS TO NEAR 13-MONTH HIGH FOLLOWING XRP’S RULING |1300 HKT | 0600 UKT | 17 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Bitcoin reached its highest level since June 2022 on 14 July, nearing a 13-month peak at $31,818. This comes after a US judge ruled XRP was not a security and thus Ripple Labs did not breach securities law by selling the token on public exchanges. The verdict...