Binance-linked HKVAEX Requests Hong Kong Crypto License
HKVAEX applies for a licence in Hong Kong’s evolving Crypto market indicating a major shift in the digital asset trading regulations. A major development in the rapidly developing cryptocurrency market in Hong Kong is the virtual asset trading platform HKVAEX’s application for a license from the Securities and Futures Commission (SFC) of the city. With […]
Hong Kong Authorities Investigate Hounax in Alleged Scam
The SFC and Hong Kong Police are looking into Hounax, an unlicensed cryptocurrency exchange, following 145 fraud claims. After multiple people connected to the JPEX cryptocurrency scam were taken into custody, Hounax, a different virtual asset trading site situated in Hong Kong, was shut down. Local media state that 145 victims had notified the Hong […]
DappBay’s Red Alarm Flags Over 100 Risky BNB Chain dApps
In a recent upgrade, DappBay, a web3 decentralized application (dApp) store for users on the BNB Chain, identified over 100 dapps as potentially dangerous. In July 2022, BNB Chain introduced DappBay, a platform that lets customers find new web3 applications and instantly learn about their risk profiles. The core of DappBay is its Red Alarm […]
Circle, SBI Holdings Partner to Boost USDC Circulation in Japan
Circle’s partnership with SBI Group aims to expand USDC stablecoin adoption and use of Circle’s Web3 Services in Japan. SBI Group and Circle have also pledged to appropriately abide with stablecoin-related laws, including engaging with authorities. SBI VC Trade Co., Ltd. (main office: Minato-ku, Tokyo) is requesting registration as an electronic payment instrument service, subject […]
Coinbase to List ADA, LINK, DOGE, XLM Future Pairs
Coinbase International Exchange, a subsidiary of Coinbase Global Inc., has declared that it will list four new assets—Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK), and Stellar—as perpetual future contracts (XLM). The trading giant revealed that the four trading pairs for the four assets would be posted by 10 am UTC on December 30, paving the way […]