Business

AirBit Club execs plead guilty to fraud charges, face 20 years in prison
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11 March, 2023

AirBit Club execs plead guilty to fraud charges, face 20 years in prison

Victims saw the red flag in the operation of AirBit Club after all attempts to withdraw their funds failed, cementing...
Thailand to waive up to $1B in taxes for investment tokens: report
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11 March, 2023

Thailand to waive up to $1B in taxes for investment tokens: report

Thailand has become a digital asset hub, and in order to promote this growth, the government will waive VAT and...
South Korea logs $4.3B worth of illegal digital currency transactions in 2022
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11 March, 2023

South Korea logs $4.3B worth of illegal digital currency transactions in 2022

Amid stern regulations, illegal digital currency transactions in South Korea remain high, with authorities registering over $4 billion in 2022...
WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption
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11 March, 2023

WeChat adds digital yuan to payment platform as People’s Bank of China pushes for wider adoption

WeChat is lending the central bank a hand to support China's CBDC ambition by integrating the e-CNY in WeChat Pay,...
Utah digital asset project Green United duped $18M from investors: SEC
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11 March, 2023

Utah digital asset project Green United duped $18M from investors: SEC

In a lawsuit filed in Utah, securities regulator accuses Green United and its founders of duping investors into buying GREEN...
India expects digital currency firms to comply with national money laundering legislation
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10 March, 2023

India expects digital currency firms to comply with national money laundering legislation

Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated...
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