Hassan Mehmood (Saudi Arabia)
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News
South Korea Tightens Rules for Cryptocurrency Exchanges
Regulatory agencies in South Korea are to tighten compliance criteria for cryptocurrency firms. A recent report claimed that the licensed…
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Argentina Sets New Regulatory Requirements for Crypto Exchanges
The President of the regulatory agency in Argentina recently noted that unlicensed crypto firms in the region will not be…
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Thai Crypto Exchange Bitkub Plans to Hire 1,000 Employees Ahead of IPO
A cryptocurrency exchange called Bitkub is planning to list shares on the Thailand stock exchange in 2025. For this event,…
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Bitcoin Demand in Argentina Reaches Highest Point in 20 Months
Bitcoin continues to be one of the most in-demand digital currencies among investors in Argentina. The local fiat pesos have…
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Crypto Exchange OKX Suspends Its Services in India Due to Regulatory Issues
Indian regulators are cracking down on the local cryptocurrency sector by introducing stricter regulations. It is reported that OKX exchange…
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Nigerian SEC to Increase Registration Fee for Cryptocurrency Exchanges
Nigerian SEC has increased fees for cryptocurrency exchanges applying for registration. The regulator recently updated their guidelines noting that custodial…
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Hong Kong Launches Phase 2 of CBDC Testing
The Central Bank of Hong Kong is set to accept proposals regarding innovative use cases for the Hong Kong dollar.…
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Dutch Central Bank Fines Crypto.com for Violating Registration Rules
The Central Bank of Netherlands recently publicized financial penalties for the exchange platform called Crypto.com. The monetary institution noted that…
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(BTC) Bitcoin News Today
El Salvador’s Government Reports $85 Million in Profit Following Bitcoin Rally
El Salvador, the nation that gained international popularity for making Bitcoin legal tender, has continued to increase its treasury. On…
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BlackRock Now Holds More Bitcoin Than MicroStrategy
Data projections from BitMEX have revealed that BlackRock’s Bitcoin iShares Trust has surpassed MicroStrategy in terms of total Bitcoin reserves.…
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Coinbase Analyst Claims AI Tokens Get More Hype Than Deserved
A cryptocurrency analyst working for Coinbase recently noted that AI-based cryptocurrencies are currently overhyped. It is worth noting that at…
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US Senators Prefer Crypto Bank Custody Over CBDCs
Five senators have formed an alliance to halt the plans of the Biden administration for launching CBDCs. This group of…
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Nigeria Dismisses Rumor of $10 Billion Binance Fine
The presidential advisor of Nigeria recently refuted claims about Binance facing a $10 billion fine. Bayon Onanuga told local media…
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US Legislators to Enable Crypto Custodial Services for Banking Institutions
House Financial Services Committee recently passed a resolution to overturn the Staff Accounting Bulletin no. 121. The HFSC voted in…
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Thai SEC to Suspend Zipmex License
Digital asset exchanges operating in Asian nations suffered from financial instability during the crypto winter. However, some of these platforms…
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