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Thailand Restricts Introducing Brokers to Only Promote Digital Token Services, Not Cryptos

The Securities and Exchange Commission (SEC) in Thailand has warned digital asset exchanges that their advertisements and the organisation of introducing broker agent (IBA) events might violate local regulations, Bangkok Post reported today (Monday). The regulator clarified that IBAs can only promote digital token services to avoid speculation on cryptocurrencies,...

Mon Apr 29, 2024 08:54
Worldcoin Defies Regulatory Challenges: Seeks Partnership with OpenAI

Worldcoin is eying a potential partnership with artificial intelligence research firm OpenAI, according to a report by Bloomberg. This latest development arrives despite the regulatory challenges facing the digital identity platform over privacy concerns. Through its parent company, Tools for Humanity, the cryptocurrency project plans to expand its...

Fri Apr 26, 2024 21:55
Consensys Sues the SEC: Calls Its Authority over Ethereum “Unlawful”

Consensys, a United States-based blockchain firm, has initiated legal action against the Securities and Exchange Commission (SEC) in a bid to deter the regulator from overseeing the Ethereum blockchain. Filed yesterday (Thursday), the lawsuit termed the efforts of the regulator a “campaign to seize control over the future of cryptocurrency.”A Strategic...

Fri Apr 26, 2024 08:52
Federal Prosecutors Charge Samurai Wallet Founders with Money Laundering

Federal prosecutors charged Samurai Wallet founders, Keonne Rodriguez and William Lonergan Hill, with conspiracy to commit money laundering yesterday (Wednesday), marking another development in the US government's ongoing efforts to address the use of crypto mixing tools potentially exploited by illicit actors and foreign entities to conceal financial...

Thu Apr 25, 2024 11:52
Crypto Mining Company Argo Reduced Losses by 85% in 2023

Argo Blockchain (LSE: ARB; NASDAQ: ARBK), a cryptocurrency mining company, has released its 2023 financial results, revealing a year marked by strategic adjustments amidst industry challenges. However, despite achieving a modest gross profit, net income was negative for another consecutive year.Argo Blockchain Tried to Weather Crypto Storm, Cuts...

Thu Apr 25, 2024 10:52
Strike's Expansion into Europe Accelerates Bitcoin Adoption

Strike, a payments application utilizing the Bitcoin blockchain, has launched its services in Europe, enabling customers in the region to engage in buying, selling, and withdrawing bitcoin (BTC). The announcement was made today (Wednesday).Expanding Operations across ContinentsHaving recently expanded its operations to Africa, Strike has already...

Wed Apr 24, 2024 16:47

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