Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for digital payment tokens. According to a ruling made on July 25 by Judge Philip Jeyaretnam of the High Court […]
Tag: STO
UK’s Top Crime Agency Assembles Crypto Investigators to Tackle Misconduct
The UK’s law enforcement agency has advertised two positions for the role of blockchain investigator under the Complex Financial Crime Team (CFCT). This step is part of the National Crime Agency’s (NCA) efforts to combat crimes related to cryptocurrencies. The responsibilities for the two advertised managerial positions include overseeing the investigations of crimes related to […]
Archax Launches Institutional Crypto Exchange, Lists 2 Pairs
London-based Archax announced today (Wednesday) the launch of its institution-focused cryptocurrency exchange, which will be operational around the clock. The exchange is focused on catering to the demand from professional and institutional clients. Institutional Crypto Exchange by Archax Initially, the exchange has listed only BTC and ETH against USD. However, it plans to add more […]
OKX Boosts Crypto Reserves by $3.8B in 2023, Makes 210,000 Addressses Public
In an ongoing effort to maintain transparency in the crypto sphere, OKX has published its ninth consecutive monthly Proof of Reserves (PoR). The latest PoR indicates a substantial balance of $11.3 billion, majorly in Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). One of the world’s largest cryptocurrency exchanges by trading volume maintained the reserves it […]
News Nuggets | 26 July: Tiger Launches HK Stocks’ Auto-Invest; Moneta Hires New Manager
NatWest’s CEO, Alison Rose Resigns over Farage’s Bank Accounts Row The Chief Executive Officer of National Westminster Bank (NatWest), Alison Rose, resigned on Wednesday after admitting that she provided an inaccurate communication to a BBC journalist concerning the closure of the bank accounts of the former British politician Nigel Paul Farage, the Financial Times reported. […]
South Korea Introduces Special Unit to Combat Illegal Crypto Activities
South Korea has launched a special investigations unit to combat the rising cases of criminal activities related to cryptocurrencies. The multi-agency unit will reportedly protect the interests of the investors as the country awaits proper regulations for the industry. Dubbed the Joint Investigation Centre for Crypto Crimes, the investigations unit is comprised of professionals from […]
OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing USD$11.3 billion in Primary Assets
HONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in BTC, ETH and USDT. OKX’s PoR covers 22 commonly used digital assets and demonstrates that OKX has […]
Coinbase makes special announcement for HNT, BLUR, ARB and four other altcoins
Crypto exchange Coinbase has listed 8 tokens accessible on Coinbase.com and mobile HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA are now tradable on Coinbase in Germany. Dogecoin continues to outperform the market after X news. Coinbase, the leading US-based cryptocurrency exchange, has made a special announcement touching on eight altcoins. The crypto exchange’s announcement […]
Paytm vs Google Pay – Which is Safer?
Users are increasingly resorting to mobile wallets for convenient and safe transactions as digital payment platforms gain popularity. Paytm and Google Pay are two of the most prominent participants in India’s digital payments sector, providing consumers with a wide range of options. With increased concerns about cybersecurity, people frequently ask whether platform is more secure. […]
Legal Challenges in the Metaverse: Navigating Intellectual Property Rights
The metaverse, a virtual shared place in which people interact via avatars and digital assets, represents a new frontier for creativity, entrepreneurship, and social interaction. As the digital landscape evolves, the question of intellectual property (IP) rights becomes increasingly important. From virtual real estate to user-generated material, the metaverse presents complicated legal concerns that must […]
