Altcoins
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.
Zoltan Vardai
Lens
Cryptocurrency Trading
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Regulation
Malaysia grants Hata in-principle approval to operate digital asset exchange
The Malaysian Securities Commission has given crypto firm, Hata, a conditional approval to operate a “digital asset exchange” with a “digital broker” license.
Jenny Ortiz
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Market Analysis
S.Korea’s crypto market rebounds in H1 but down 48.5% from 2021 close
South Korea’s cryptocurrency market has bounced back during the first half of this year but is still almost 50% below its value at the end of 2021, according to the Korea Financial Intelligence Unit (KOFIU), a government agency that oversees the nation’s anti-money laundering regime. See related article: Hamas crypto donation accounts frozen by Israel […]
Zoltan Vardai
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Regulation
Hong Kong may tighten enforcement amidst JPEX scandal, says former SFC official
The JPEX scandal sheds light on the vulnerabilities in Hong Kong's crypto marketplace, prompting reflection on regulatory safeguards as the city aspires to be a global digital asset hub, former SFC regulator Angelina Kwan says.
Maha Shah
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Regulation
Half a world away — Gary Gensler’s SEC dominates discussion at Singapore’s Token 2049
Billed as Asia’s largest crypto event, Token 2049 took place over Sept. 13-14 in the Southeast Asian city-state of Singapore. Drawing over 10,000 attendees from all parts of the world, there was excitement about blockchain adoption in the region. But repeat references to one man were a reminder of the U.S. regulatory concerns weighing heavily on the crypto industry.
Will Fee
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Bitcoin News
Bitcoin, Ether extend losses; G20 eyes global crypto regulation
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
Pradipta Mukherjee
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Regulation
India’s G20 presidency has failed to advance global crypto governance, ex-finance secretary says
With nine months under its G20 presidency belt, India's approach to cryptocurrency governance remains static. Amid regulatory ambiguity, the nation's crypto industry struggles to cope with stringent tax rules.
Pradipta Mukherjee
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Altcoins
All top 10 cryptos fall except Dogecoin, as boost from Grayscale ETF ruling fades
Bitcoin, Ether and most other top 10 cryptos dropped on Thursday after a Wednesday rally on news of Grayscale receiving a favorable ruling against the SEC.
Pradipta Mukherjee
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Altcoins
Binance Japan launches with 34 tokens, BNB debuts in the country
Binance announced the launch of Binance Japan on Tuesday, offering 34 cryptocurrencies.
Zoltan Vardai
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Regulation
Singapore to require crypto firms to hold customer assets in a trust; restricts lending, staking by retail users
Cryptocurrency service providers in Singapore will have to keep customer assets under a statutory trust before the end of the year, for safekeeping purposes, the city state’s central bank announced Monday.
Pradipta Mukherjee
