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Business

Thailand’s SCBX bank scraps 51% stake bid in Bitkub over unresolved regulatory compliance issues
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30 August, 2022

Thailand’s SCBX bank scraps 51% stake bid in Bitkub over unresolved regulatory compliance issues

Thailand's SCBX may have called off plans to purchase shares in digital exchange Bitkub but has refused to close doors...
Several exchanges in Afghanistan’s Herat close shops as ban on digital assets takes effect
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30 August, 2022

Several exchanges in Afghanistan’s Herat close shops as ban on digital assets takes effect

Afghan police started a nationwide crackdown on digital assets trading in a bid to protect citizens from scams proliferating in...
India goes after Andreessen Horowitz-backed CoinSwitch exchange over forex laws violations
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30 August, 2022

India goes after Andreessen Horowitz-backed CoinSwitch exchange over forex laws violations

India’s Enforcement Directorate reportedly raided five premises owned by CoinSwitch as it cracks down on the exchange for KYC and...
Zipmex bares plan to introduce potential investors to Thai SEC: financial adviser
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30 August, 2022

Zipmex bares plan to introduce potential investors to Thai SEC: financial adviser

Zipmex lays out its plan to break from a liquidity crisis by introducing potential investors to Thai regulators while appointing...
Japanese giant SBI ends ties with sanctioned Russian miner BitRiver
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30 August, 2022

Japanese giant SBI ends ties with sanctioned Russian miner BitRiver

SBI had remained tightlipped about its association with BitRiver, but sources now reveal it has lost tens of millions of...
Philippines securities regulator issues warning against investing with Peak Finance
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30 August, 2022

Philippines securities regulator issues warning against investing with Peak Finance

A lengthy prison term and a hefty fine await individuals affiliated with and promoting Peak Finance, an unlicensed platform that...
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