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Article by Steve Kaaru

Hong Kong issues warning against digital asset firms claiming to be banks
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20 September, 2023

Hong Kong issues warning against digital asset firms claiming to be banks

The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with...
CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
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19 September, 2023

CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi

In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets...
Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
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19 September, 2023

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test

The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...
3AC founders hit with 9-year capital markets ban in Singapore
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18 September, 2023

3AC founders hit with 9-year capital markets ban in Singapore

Kyle Davies and Zhu Su lied to Monetary Authority of Singapore, failed to notify the watchdog about changes in directorship,...
Blockchain’s trust economy can cut costs and enhance loyalty for businesses: Kirsty Barany-Gibson
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18 September, 2023

Blockchain’s trust economy can cut costs and enhance loyalty for businesses: Kirsty Barany-Gibson

In this interview with CoinGeek Backstage, Kirsty Barany-Gibson says transparency through blockchain can reduce liability for enterprises and increase revenue...
OneCoin co-founder Karl Greenwood sentenced to 20 years in prison
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15 September, 2023

OneCoin co-founder Karl Greenwood sentenced to 20 years in prison

Karl Greenwood was Cryptoqueen Ruja Ignatova’s right-hand man and the chief promoter of the $4 billion scam, and he’s alleged...

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