Business

SEC indicts man who allegedly defrauded $4.3M from investors
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22 September, 2022

SEC indicts man who allegedly defrauded $4.3M from investors

Gabriel Edelman faces a lengthy prison term as he stands trial on charges of misappropriating funds and tricking investors into...
Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding
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22 September, 2022

Bank for International Settlements, Hong Kong central bank tap distributed ledger tech to raise SME funding

The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...
CFTC commissioner visits Ripple offices as supremacy battle with SEC heats up
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22 September, 2022

CFTC commissioner visits Ripple offices as supremacy battle with SEC heats up

The visit by CFTC’s Caroline Pham, who criticized the SEC’s “regulation by enforcement” earlier this year, comes as both agencies...
South Korean financial institutions may bear brunt of new US digital asset control measure
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22 September, 2022

South Korean financial institutions may bear brunt of new US digital asset control measure

South Korea doubles down on efforts to track the origins of illegal virtual currency transactions as the U.S. warns of...
Russia Finance Ministry: Local businesses to decide on digital asset use on international payments
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22 September, 2022

Russia Finance Ministry: Local businesses to decide on digital asset use on international payments

Instead of regulatory control, Russia will work on promoting virtual currencies while local businesses determine what 'cryptos' to be used...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...