Taiwan to Bring Special Crypto Law by November End
Taiwanese legislators hope to release the first draft of a special law by the end of November 2023. An official in Taiwan’s Legislative Yuan named Yung-Chang Chiang stated in an interview that he hopes to have the first draft of the law available for the parliament to study by the end of November or earlier […]
Yuga Labs Cuts Staff as Part of Larger Restructuring
Yuga Labs announces US team layoffs and refocuses on metaverse and strategic partnerships amidst global economic challenges. The popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), developed by Yuga Labs, has undergone major organizational restructuring that will result in the firing of certain team members. Daniel Alegre, the CEO of Yuga Labs, announced […]
Komainu Receives FCA Approval in UK
Komainu gains FCA approval as a custodian wallet provider, bolstering its regulatory footprint and expanding crypto services in the UK. In recognition of the significance of stablecoins, the Canadian Securities Administrators (CSA) has published new guidelines that define how they should be handled in Canada. According to the CSA, cryptocurrency service providers may be permitted […]
Binance Launches UK Domain for FCA Compliance
Binance establishes a UK-specific domain, collaborates with a business subject to FCA regulation, and supports the new Financial Promotions Regime. The cryptocurrency exchange Binance has revealed a unique domain for its UK users. This action will help to ensure adherence to the UK’s revised Financial Promotions Regime. The exchange also collaborates with Rebuildingsociety.com Limited, a […]
HTX Global Hacker Refunds Stolen Funds
According to on-chain statistics, the hacker who took advantage of the HTX Global exchange appears to have fully refunded the stolen assets. The hacker who took advantage of HTX Global, formerly Huobi, has reportedly returned all of the funds he stole from the site, claims blockchain analytics insights firm Lookonchain. Over 4,999 Ether (ETH) worth […]