SUMITOMO MITSUI LAUNCHES DIGITAL BANKING SERVICE IN US |1300 HKT | 0600 UKT | 13 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Japan’s second-largest lender, Sumitomo Mitsui Financial Group, has entered the US consumer banking market with a new digital banking service. The digital banking arm has been established under Manufacturers Bank, a California state-chartered wholly owned by Sumitomo...

CRYPTO CRIME DIPS IN FIRST HALF OF 2023, BUT CRYPTO RANSOM ATTACKS RISE |1300 HKT | 0600 UKT | 13 July 2023

by Александр Пирогов | Jul 17, 2023 | Blog News

Crypto crime has seen a substantial decrease of 65% in the first half of 2023 compared to the same period last year, according to the latest data from blockchain analytics company Chainalysis. However, the figure does not account for transactions linked to entities...

DUBAI VARA SUSPENDS BITOASIS CONDITIONAL MVP LICENCE |1300 HKT | 0600 UKT | 12 July 2023

by Александр Пирогов | Jul 12, 2023 | Blog News

The Virtual Assets Regulatory Authority (VARA) of Dubai has reportedly suspended the licence of crypto exchange BitOasis, citing unmet mandated conditions within the prescribed timeframes. BitOasis had been granted a conditional minimum viable product (MVP)...

STANDARD CHARTERED PREDICTS BITCOIN MAY HIT $50,000 THIS YEAR, $120,000 BY 2024 |1300 HKT | 0600 UKT | 12 July 2023

by Александр Пирогов | Jul 12, 2023 | Blog News

Standard Chartered predicts Bitcoin’s value could climb to $50,000 in 2023 and to $120,000 by 2024-end. This marks a 20% increase from the bank’s previous forecast in April. The bank’s top FX analyst, Geoff Kendrick, suggests that the recent surge in Bitcoin price...

UK REGULATOR HALTS 26 ILLEGAL CRYPTO ATMS, WARNING PUBLIC OF FRAUD RISKS |1300 HKT | 0600 UKT | 12 July 2023

by Александр Пирогов | Jul 12, 2023 | Blog News

The UK Financial Conduct Authority (FCA) has reportedly halted 26 cryptocurrency ATMs across the nation, cautioning consumers about their potential risks. This follows an incident in Sheffield where a citizen lost £1,000 after attempting to buy crypto from a crypto...

HASHKEY PRO PURSUES LICENCE UPGRADE TO EXPAND ITS CRYPTO SERVICES IN HONG KONG |1300 HKT | 0600 UKT | 10 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

Asian-based cryptocurrency exchange HashKey Pro has reportedly applied for a licence upgrade to the Hong Kong Securities and Futures Commission (SFC). The exchange is currently restricted to trading only a few digital currencies like bitcoin, ether, tether and USD...