Swing State Voters Call Financial System ‘Outdated,’ Reject Crypto
The majority of voters in swing states in the United States say the financial system is “outdated” but agree crypto isn’t the solution either. A survey reveals that most voters in swing states in the United States believe the financial system is “outdated” but also concur that cryptocurrencies may not be the solution. The Digital […]
South Korea Confirms Crypto Not Included in New Donation Law
Cryptocurrencies have been excluded from newly amended “Donations Act” in South Korea which could be a blow to charities and donation drives. The exclusion of digital currencies from recently amended donation legislation in South Korea may have adverse consequences for charitable organizations and donation campaigns. Kyunghyang Shinmun, a local news outlet, reported on May 5 […]
FCA Report Highlights Crypto in UK Money Laundering Battle
The UK is accelerating its anti-money laundering efforts in the crypto sector, with plans for new legislation by mid-2023. The Financial Conduct Authority (FCA) has brought attention to the possibility of money laundering activities being exploited within the cryptocurrency sector. In a recent risk assessment report encompassing 238 firms, the FCA classified crypto firms alongside the retail […]
Crypto Firm and Harvest To Launch Hong Kong ETFs in Singapore
MetaComp Pte Ltd has partnered with Harvest Global Investments Limited to make cryptocurrency spot ETFs available to investors in Singapore and globally, employing innovative fintech solutions. Harvest Global Investments Limited (HGI), a well-established asset management firm based in Hong Kong, and MetaComp Pte Ltd, an innovative fintech company based in Singapore, have formed a strategic alliance. This […]
South Korea Launches Crypto Crime Crackdown Unit
South Korea plans to upgrade its temporary crypto investigative unit to an official department to combat the rise in digital asset crimes. South Korea is taking proactive steps to combat the rise in crypto-related crimes and fraud by proposing elevating its Joint Virtual Asset Crime Investigation Unit to an official department. The Ministry of Justice […]