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Tomorrow, First. News and intelligence for the agentic economy

  • New hire in Saudi Central Bank to work on crypto regulations: report

    Saudi Arabia’s central bank has appointed Mohsen AlZahrani, a former managing director at consultancy firm Accenture, to head its virtual assets and central bank digital currency (CBDC) initiative, Bloomberg reported. See related article: Governments pushing for CBDCs smell blood in Terra Classic’s struggles Fast facts With the United Arab Emirates aiming to be a global…

  • Anti-crypto U.S. congressman says too much power, money prevent all-out ban

    U.S. Congressman Brad Sherman, who chairs a House subcommittee on investor protection and a leading crypto skeptic in Washington, is seeking more stringent cryptocurrency regulation, if not all-out bans, according to a report by the LA Times. See related article:  CFTC, SEC seek input on hedge fund crypto reporting rules Fast facts In an interview…

  • Markets: Bitcoin, Ether edge up; Cardano, Solana lead gains in crypto top 10

    Bitcoin rose slightly in Monday morning trading in Asia, but the world’s largest cryptocurrency was trading below the key resistance line of US$20,000 after falling below that mark on Saturday. Ether edged up, along with Cardano and Solana, while most other tokens in the top 10 by market capitalization were little changed. See related article:…

  • Thailand mandates warnings on crypto ads

    Cryptocurrency advertisements in Thailand must indicate potential risks of investing in the nascent asset class, the nation’s Securities and Exchange Commission (SEC) said in a statement on Thursday.   See related article: Singapore central bank warns against crypto marketing, promotion Fast facts Crypto businesses in the Southeast Asian nation must report all details of advertisements and…

  • Binance chief Changpeng Zhao reiterates Binance not a Chinese company

    Binance founder and CEO Changpeng Zhao reiterated that Binance is not a Chinese company and it “was never incorporated in China,” as the country continues to ban cryptocurrency trading. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts In a blog post published on Thursday, Zhao wrote that the…

  • Binance says it complies with regulators following US anti-money laundering probe report

    Binance, the world’s largest cryptocurrency exchange by trading volume, said it has worked with regulatory agencies from around the world to address outstanding compliance questions, following a Reuters report that U.S. federal prosecutors asked the exchange to offer internal records involving founder and CEO Changpeng Zhao for anti-money laundering checks in late 2020. See related…

  • Crypto lender Celsius to return US$50 mln to locked out users

    Celsius Network Ltd., which has filed for Chapter 11 bankruptcy, has filed a motion to return around US$50 million worth of tokens to a portion of holders as these funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients. The hearing on the filing will take place on Oct. 6.…

  • Bitcoin fluctuates, Ether gains, MATIC jumps on Robinhood inclusion

    Bitcoin was fluctuating around US$20,000, while Ether was among the biggest gainers in the cryptocurrency top 10 by market capitalization in early Friday morning trading in Asia. Most other tokens on the list were little changed, though Cardano rose. See related article: Markets: Bitcoin, Ether, Cardano slip; remnants of Terra – USTC and LUNC –…