Forkast
Legal Insights
Google agreed to improve its legal compliance process in a settlement with the U.S. Department of Justice after failing to produce data on the now-defunct crypto exchange BTC-e in 2016.
Lachlan Keller
NFTs and Art
Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.
Dylan Butts
Altcoins
A stablecoin that is not stable is an 'oxymoron,' said Henry Chang, CEO of South Korea-based blockchain game developer Wemade.
Danny Park
Regulation
Europe’s new MiCA framework for regulating crypto shows the good that can happen when government works with and not against the industry, writes Nick Saponaro of Divi Labs.
Nick Saponaro
Bitcoin News
Lachlan Keller
Bitcoin News
Cash App users in the U.S. can now buy, send, and receive Bitcoin using the Lightning Network, directly within the app.
Zoltan Vardai
Regulation
Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.
Pradipta Mukherjee
Altcoins
Top blockchain and crypto news: Aptos launch falls short. Why FTX chief is calling for crypto regulations. Is Hong Kong paving way for a retail CBDC?
Forkast.News
Regulation
The pilot successfully executed real-value cross-border transactions involving four currencies and 20 commercial bank participants across four jurisdictions, the HKMA said.
Timmy Shen
Regulation
The central bank is also considering options such as banning crypto firms from offering credit facilities, leverage or staking services to retail traders.
Pradipta Mukherjee
Regulatory News
The People’s Bank of China (PBOC) has reminded financial technology (fintech) firms to comply with financial laws and regulations, in the central bank’s new set of guidelines released earlier this month.
Ningwei Qin
Bitcoin News
Bitcoin posted a three-week high in afternoon trading in the Asia time zone. Ether led gains across all top 10 cryptocurrencies by market capitalization, with a 12% surge. Cardano’s ADA and Solana’s token also registered double-digit gains.
Oisin Mcilroy
Bitcoin News
Two Chinese intelligence officers allegedly paid a double agent to help steal files related to a federal investigation into a China-based global telecom firm, reported to be Huawei.
Timmy Shen
Regulation
As a leading financial institution of South Korea, Shinhan is gearing up for business expansion into crypto — while a local ban remains on the books.
Danny Park
Upcoming NFT Projects
Meta is collaborating with a Taiwan LGBT advocacy group and a local cryptocurrency exchange to issue charity NFTs as part of the Taiwan Pride celebration.
Timmy Shen
Regulation
Lawmakers in the British Parliament's lower house voted in favor of recognizing cryptocurrency assets as regulated financial instruments and products Tuesday.
Dylan Butts
Advanced Blockchain Technologies
The lead counsel for the plaintiff in the case has called Friday’s ruling a decision with implications for the global blockchain industry
Lachlan Keller
Regulation
The Australian Government has clarified that cryptocurrency will continue to be taxed as an asset class instead of a foreign currency in its 2022 budget released on Tuesday.
Lachlan Keller
Regulation
Survey reveals popularity of crypto ownership among voters, their hopes for the industry’s growing potential and the need for regulation to protect consumers.
Oisin Mcilroy
Altcoins
South Korea’s Busan signs agreements global cryptocurrency exchanges Crypto.com and Gate.io to grow the city’s blockchain ecosystem.
Danny Park
