Bithumb plans to be Listed on Korea Stock Market
South Korean crypto exchange Bithumb has yet to confirm the IPO; it recently informed local media that it has chosen an underwriter. On November 12, the local news outlet Edaily reported that Bithumb is preparing to list on the KOSDAQ, which is equivalent to the Nasdaq in the United States. The IPO is anticipated to […]
Stéphanie Cabossioras Resigns as Director of Binance France
Stéphanie Cabossioras, Binance’s director in France, is at least the tenth executive to leave the cryptocurrency exchange this year. In an October 19 post on X (formerly known as Twitter), David Princay, a resident of Binance France, confirmed Cabossioras’ departure and thanked her for her contributions to the exchange. La DG adjointe de Binance France […]
Brazilian Lawmakers Propose Adding Crypto to Protected Assets
Brazilian Lawmakers Discuss Bill to Enhance Protection for Debtors’ Savings, Contemplating Inclusion of Cryptocurrency Legislators in Brazil are debating a bill that would provide robust protection to a substantial portion of debtors’ savings assets. At the same time, a separate initiative seeks to include cryptocurrency in the bill’s latest iteration. The Constitution, Justice, and Citizenship […]
Hong Kong’s JPEX Exchange Suspected of RugPull
In response to allegations of fraud at the KJPEX exchange, Hong Kong regulators announced that they would tighten regulatory rules. In a recent development, the blockchain analytics firm Bitrace mentioned the possibility of RugPull activity at the Hong Kong exchange JPEX. More than 190 million TRC20-USDT tokens have passed through the exchange’s platform in the […]
South Korea Targets OTC Crypto Regulations
According to a report by the Korean Customs Service, illegal foreign exchange deals involving virtual currency were valued at $4B last year. South Korean regulators have shifted their attention to over-the-counter (OTC) crypto transactions in response to rising concerns over its criminal use. The country’s financial regulators are reportedly monitoring the OTC cryptocurrency market. According […]