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Article by Steve Kaaru

FCA issues warning against Binance backdoor re-entry into UK payments network—again
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10 March, 2022

FCA issues warning against Binance backdoor re-entry into UK payments network—again

The FCA expressed concerns about a Binance subsidiary that recently took up a stake in a holding company regulated in...
Philippines to launch CBDC research, but rollout remains unclear
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10 March, 2022

Philippines to launch CBDC research, but rollout remains unclear

The Bangko Sentral ng Pilipinas is set to move forward with a research project on a national digital currency, called...
Brazil central bank picks Visa, 8 other firms for CBDC pilot
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10 March, 2022

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...
As many as 300 digital asset firms probed in 2021 amid surge in scams: UK regulator
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9 March, 2022

As many as 300 digital asset firms probed in 2021 amid surge in scams: UK regulator

The Financial Conduct Authority opened investigation into 300 digital asset firms and stopped 1 in 4 companies from joining the...
South Korea digital asset market hits $46B in 2021 as profits surge to $2.8B: FSC
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9 March, 2022

South Korea digital asset market hits $46B in 2021 as profits surge to $2.8B: FSC

The FSC’s first-ever comprehensive survey also showed that the daily transaction volume hit $9 billion as the number of traders...
3 ‘Geek Group’ leaders sentenced in US over illegal BTC business, money laundering
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9 March, 2022

3 ‘Geek Group’ leaders sentenced in US over illegal BTC business, money laundering

A Michigan court has sentenced the three leaders of the so-called Geek Group to prison time and $200,000 in BTC...

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