
Article by Wahid Pessarlay
-
5 February, 2023
Hong Kong Monetary Authority skeptical against algorithmic stablecoins
In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
-
5 February, 2023
Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies
Around 100 workers of Prime Trust were terminated as the firm faces financial woes brought about by COVID-19, with some...
-
4 February, 2023
India snubs plea to reduce tax burden in Union Budget 2023
Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
-
4 February, 2023
Bittrex lays off 83 employees amid unfavorable macroeconomic market conditions
According to the ESD's Worker Adjustment and Retraining Notification (WARN), the terminations are expected to take effect on April 2...
-
4 February, 2023
Bithumb executive arrested in South Korea on embezzlement charges
Bithumb owner Kang Jong-hyun denied accusations he embezzled over KRW60 billion from the company while his brother is being investigated...
-
4 February, 2023
US flags BTC, ETH wallets linked to Russian sanctions evasion network
OFAC blacklists the BTC and ETH addresses operated by Jonatan and Vladimirovich Zimenkov, both facing allegations of running a Russian...
Recommended for you
In other news, Thai authorities have paused its digital wallet project designed to give funds to citizens, which triggered a...
May 30, 2025
In other news, the World Economic Form has launched a non-profit that will spearhead digital trade documents.
May 29, 2025