Chinese New Year boosts interest, TradFi buying crypto exchanges: Asia Express
Digital yuan hongbao now comes with interest China’s banks are rolling out digital yuan red envelopes (hongbao) and payment discounts ahead of Lunar New Year...
Tag : Exchanges
US Treasury sanctions Iran-linked crypto exchanges for first time
The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms...
Bybit’s neobank plans test crypto exchanges’ push into banking
Bybit’s push to offer neobank-style services is testing how far crypto exchanges can expand into traditional finance (TradFi), highlighting regulatory hurdles and a growing reliance...
South Korea tightens crypto licensing rules for exchanges and shareholders
South Korea’s National Assembly has approved an overhaul of the country’s crypto licensing regime, tightening entry requirements for virtual asset service providers (VASPs) and expanding...
South Korea regulator backs ownership caps for crypto exchanges
South Korea’s top financial regulator said crypto exchanges should face ownership limits similar to those applied to securities markets, signaling a harder public stance on...
Korea’s Financial Regulator Weighs Ownership Caps for Crypto Exchanges
South Korea’s top financial regulator is pressing ahead with plans to limit the ownership stakes of major shareholders in domestic crypto exchanges, signaling a tougher...
Crypto launderers are turning away from centralized exchanges: Chainalysis
The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever,...
Vietnam Moves Crypto Exchanges Out of Legal Gray Area With Pilot Licensing
Vietnam has begun moving cryptocurrency exchanges out of a long-standing legal gray area by piloting a formal licensing regime for crypto asset trading platforms. Key...
South Korea Tightens Crypto Access as Google Play Blocks Unregistered Exchanges
In brief South Korea has passed legislation creating a legal framework for security token offerings under existing securities law. Meanwhile, Google Play will block unregistered...
Crypto exchanges face ban in South Korea as Google Play updates rules
Google is rolling out updated crypto app requirements in South Korea, a move that may significantly restrict access to offshore crypto exchanges by tying app...