Victory Securities, Hong Kong’s First Virtual Asset Retail Broker
As the first SFC-licensed firm in Hong Kong’s crypto industry, Victory Securities facilitates the trading of virtual assets and securities in a streamlined fashion. Victory Securities achieved a significant milestone when it obtained the first license in Hong Kong to engage in cryptocurrency trading. The Securities and Futures Commission (SFC) has authorized the venture to offer […]
EBA Suggests Tighter AML Rules Amid Binance’s DOJ Settlement
As the DOJ sanctions Binance for alleged AML violations, EBA advocates for more stringent anti-money laundering regulations that emphasize unified criteria. The European Banking Authority (EBA) has proposed guidelines for public consultation to improve anti-money laundering (AML) and combat the financing of terrorism (CFT) standards in the crypto industry. Meanwhile, these guidelines , published on November […]
Decentralized Conversations – The Rise of Web3 Social Platforms
In the ever-evolving digital communication landscape, the emergence of Web3 social platforms has taken center stage. As blockchain technology matures, it transforms how we interact online, ushering in a new era of decentralized conversations. This article will discuss the role of decentralized conversations in the rise of Web3 social platforms. What is a Web3 Social […]
Montenegro High Court Approves Do Kwon Extradition
Do Kwon, co-founder of Terraform Labs, is currently the subject of an ongoing legal dispute, as a Montenegrin court has approved his extradition to the United States or South Korea. Official statements published on the court’s website on November 24 indicate that the High Court of Podgorica has ascertained the legal prerequisites for Kwon’s extradition. […]
India to Introduce Regulations Against AI Deepfakes
Minister Ashwini Vaishnaw said India is developing regulations against AI deepfakes, and the draft will be available in the coming weeks. Minister for Railways, Communications, Electronics, and Information Technology Ashwini Vaishnaw announced on November 23 that India is developing regulations to regulate deepfakes, expanding on Prime Minister Narendra Modi’s statement the day before regarding his […]