Crypto exchange Bitget appreciates regulatory moves to advance the industry
Cryptocurrency exchange Bitget has declared its support for regulations designed to advance the cryptocurrency market.
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
CoinDCX, CoinSwitch, WazirX and other Indian firms CoinDesk spoke to think they’ll survive the ongoing bear market – here’s how.
Binance Set to Launch New Crypto Exchange in Japan: Here’s What We Know
Binance is now inching closer to launching a new exchange tailored to the Japanese investor community. The platform, Binance Japan, will have detailed KYC identification process. The crypto exchange is expected to start shifting Japanese users from its global platform to the Japan-centric exchange around August 1.
Hong Kong regulator to issue crypto licences with retail investor guardrails
Hong Kong’s securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asset companies from June 1.
Ether Balance on Exchanges Nears All-Time Low
The drop comes as the number of staked ether has surged.
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.
How Crypto Scammers Are Using AI Deepfakes to Phish Victims
Hackers and scammers are now using artificial intelligence (AI) deepfake technology in order to breach the security of crypto exchanges and Web3 related firms. If scammers succeed in creating deepfakes of crypto investors, their chances of bypassing facial recognition or voice recognition security layers of crypto platforms and stealing user funds will also increase, according to a senior Binance executive.
Centralized Exchanges Are Here to Stay
While the collapse of FTX shook confidence in centralized crypto services, regulated exchanges are arguably more secure and offer users “peace of mind,” DBS Digital Exchange CEO Lionel Lim writes.
Prometheum becomes first SEC-regulated crypto custodian, CEO says other firms’ tech is “arguably obsolete”
(Kitco News) – Prometheum has achieved the feat that U.S. crypto firms claimed was impossible, choosing to work with the regulatory powers to become the first to secure approval to custody digital assets as securities.
US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges Can Be Regulated – Here’s the Latest
DEXs and other aspects of the DeFi world can be regulated in the US, even though it is “just code,” according to CFTC chair Rostin Behnam.