Nevada regulator petitions for receivership of Prime Trust
The Nevada Financial Institutions Division has recently lodged a petition for receivership for Prime Trust citing operational instability…
Circle targets Asian market in business expansion
Circle is set to focus its expansion efforts on the Asian market, particularly monitoring regulatory developments in Hong…
Bitfinex initiates P2P trading service in Argentina, Colombia, and Venezuela
Bitfinex announced the commencement of a peer-to-peer trading platform in Argentina, Colombia, and Venezuela, in an effort to…
Huobi Global to delist ten trading pairs, including several linked to USDD stablecoin
Huobi Global Ltd. has announced plans to discontinue ten trading pairs, predominantly those associated with the USDD stablecoin,…
SNB prepares for launch of digital currency pilot program
The Swiss National Bank (SNB) is set to introduce a Central Bank Digital Currency (CBDC) for wholesale payments…
Binance revises stance on privacy coin listings in Europe
In response to feedback from its user community, Binance has retracted its previous decision to delist certain privacy…
MAS publishes report on asset tokenization and DeFi
The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization…
MUFG may issue stablecoin via Progmat blockchain platform
Mitsubishi UFJ Financial Group Inc. is currently in negotiations with several businesses about issuing stablecoins, a form of…
JP Morgan expands blockchain payment system to include euros
JP Morgan, the U.S.-based investment bank, has widened the scope of its blockchain-oriented payment platform, JPM Coin, to…
Cyber heists in digital playground, school-age hackers steal millions in NFTs
The world of NFTs has fallen prey to an unexpected wave of school-age cyber bandits, orchestrating intricate phishing…