SBF conviction closes “dark chapter” in crypto: Yat Siu
Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.
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Okto pledges US$5 mln to support Vauld users
The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.
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Nomura-backed Komainu partners Crypto Garage for institutional crypto services
The collaboration aims to build institutional crypto services in Japan.
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Circle to cease USDC minting for retail customers
Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.
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UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
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Standard Chartered’s Zodia Custody to launch in Hong Kong
The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.
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Thailand’s Kasikorn Bank buys majority stake in Satang crypto exchange
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
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Binance’s rollercoaster week: expansion, setbacks, and the ghost of FTX’s collapse
Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.
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Binance Japan — death knell or savior for the nation’s smaller crypto exchanges?
Few tokens and too many exchanges are a bad recipe for Japan’s smaller crypto trading houses. The experts say there’s room for up to five only. So what happens to the little guy now that the world’s largest exchange Binance has rolled back into town?