Business

Huobi applies for trading license in Hong Kong ahead of upcoming regulations
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20 July, 2022

Huobi applies for trading license in Hong Kong ahead of upcoming regulations

Huobi Global said that the application is in keeping with Hong Kong's new Anti-Money Laundering and Counter-Terrorist Financing Bill that...
Brazil’s largest private bank Itaú plans to debut tokenization platform
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20 July, 2022

Brazil’s largest private bank Itaú plans to debut tokenization platform

In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.
Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot
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20 July, 2022

Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot

The Vermont watchdog also accused Celsius of offering unregistered securities even as a new FT report shows that Celsius openly...
US court clears alleged $4.5B Bitfinex money launderer for employment
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19 July, 2022

US court clears alleged $4.5B Bitfinex money launderer for employment

The Crocodile of Wall Street was accused of laundering the $4.5 billion that was allegedly stolen from Bitfinex alongside her...
Celsius owes $4.7B to customers as first bankruptcy hearing takes place
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19 July, 2022

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses...
ECB bulletin reveals climate concerns, Tether tail risks and DeFi lies
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19 July, 2022

ECB bulletin reveals climate concerns, Tether tail risks and DeFi lies

ECB's Macroprudential Bulletin takes a closer look at stablecoins, DeFi, and climate risks associated with ‘crypto-assets.’
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