Dubai’s VARA Cracks Down on Unlicensed Crypto Firms
Dubai’s Virtual Assets Regulatory Authority has implemented a crackdown on firms and crypto companies operating without licenses or breaching marketing regulations. On October 9, Dubai’s Virtual Assets Regulatory Authority (VARA) imposed cease-and-desist orders and fines on seven businesses for operating without the necessary licenses and violating marketing regulations. VARA stated that it is conducting additional […]
Aethir Launches $100M Ecosystem Fund
Aethir, a graphic processing unit (GPU) cloud computing provider, has announced the establishment of the $100 million Aethir Ecosystem Fund to accelerate AI and gaming. The Aethir Catalyst program is a component of the initiative intended to provide entrepreneurs and enterprises with access to high-performance GPU resources. The fund will distribute 336 million ATH tokens […]
Mango DAO Rejects Proposal to Pay Commission in SEC Settlement
Mango DAO has declined the proposal to pay $700,000 to the US Securities and Exchange Commission (SEC) as part of Mango Market’s settlement with the Commission for unregistered token sales. Realms data indicates that the Mango DAO has declined the proposal to pay the US SEC $700,000 as part of the settlement offer by the […]
Binance Exchange Delists BTC, ETH, BNB Pairs
Binance crypto exchange has recently disclosed its intention to delist specific key pairs, including BTC, ETH, and BNB, sparking price crash speculations and market reactions. Binance has recently disclosed its intention to eliminate four trading combinations from its platform. The announcement indicated that the exchange would remove APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI. The crypto exchange’s […]
Taiwan to Pilot Crypto Custody Services Through Local Banks in 2025
Taiwan seeks to promote institutional cryptocurrency adoption as regulators endeavor to pilot crypto custody services through local institutions in the first quarter of 2025. Central News Agency, a local media outlet, reported on October 8 that Taiwan’s Financial Supervisory Commission (FSC) is preparing to initiate an institutional trial of crypto custody services. Three private banks […]