Upbit Singapore receives in-principal license from MAS
Singapore’s major payment institution license will enable Upbit to continue offering regulated digital asset services while awaiting its full license.
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Australian Treasury to release crypto draft legislation by 2024
The Australian Department of the Treasury said it will accept feedback on the draft bill by December.
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Tether appoints Paolo Ardoino as new CEO
Ardoino takes Tether’s helm after serving as the USDT stablecoin issuer’s chief technical officer since 2017.
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Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict
Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.
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Russian hackers may be behind FTX hack: Elliptic
The research firm said that on-chain data point toward Russian hackers, instead of the previously-suspected North Korean Lazarus Group.
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Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
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Coinbase Q3 trading volume drops 52% from last year
The current crypto bear market caused Coinbase’s trading volume to drop to levels not seen since 2020.
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FTX collapse helped the evolution of crypto regulation, says Bahamas securities regulator
FTX’s collapse and the crypto winter helped regulators familiarize themselves with the rapidly evolving crypto industry, said Christina Rolle of the Bahamas Securities Commission.
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Sam Bankman-Fried planned to raise money from Saudi crown prince, Ellison testifies
Caroline Ellison details how Sam Bankman-Fried planned to raise capital from Saudi Crown Prince Mohammed Bin Salman as FTX struggled to repay lenders.
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ESMA says DeFi can bring greater financial inclusion, but warns of volatility risks
The regulator said that DeFi doesn’t pose a risk to financial stability, due to its small size, but said it needs to be monitored in the future.