Business

Beaxy exchange shuts down after SEC lawsuit
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2 April, 2023

Beaxy exchange shuts down after SEC lawsuit

The U.S. securities regulator has charged Beaxy with operating an unregistered securities exchange and broker, and its founder with raising...
OKX eyes expansion into Australia, Hong Kong markets
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2 April, 2023

OKX eyes expansion into Australia, Hong Kong markets

OKX has applied for a license in Hong Kong as it announced a new office in the city; it also...
Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat
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2 April, 2023

Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat

Flutterwave has attempted to cover up the hack despite a court petition to freeze accounts, with digital asset traders crying...
Philippines: ARTA denies Lyka’s request for registration with the SEC
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2 April, 2023

Philippines: ARTA denies Lyka’s request for registration with the SEC

The Anti-Red Tape Authority struck out the application claiming that Lyka did not satisfy the requirement for automatic approval by...
European Banking Federation bares goals for a digital euro ecosystem in new report
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1 April, 2023

European Banking Federation bares goals for a digital euro ecosystem in new report

A successful application of a digital euro hinges on three levels: issuance, convertibility, AML mandates, and policies; interation on SEBA...
Denmark’s central bank dismisses need for CBDC despite dip in cash usage
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1 April, 2023

Denmark’s central bank dismisses need for CBDC despite dip in cash usage

The governor of Danmarks Nationalbank says that a dip in cash usage recently doesn’t signal a loss in trust in...
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