Business

Shanghai exchange Hotbit suspends services as authorities probe ex-employee
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14 August, 2022

Shanghai exchange Hotbit suspends services as authorities probe ex-employee

Hotbit says that police are investigating an ex-employee for criminal conduct and that its funds have been frozen for this,...
PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE
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14 August, 2022

PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE

The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
UK Court of Appeal to hear Tulip Trading’s case on legal duties owed by blockchain developers
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14 August, 2022

UK Court of Appeal to hear Tulip Trading’s case on legal duties owed by blockchain developers

The English Court of Appeal will hear Tulip Trading’s case on the legal duties owed by blockchain developers, granting permission...
Thailand eyes broadening digital assets regulations to give central bank more oversight: report
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14 August, 2022

Thailand eyes broadening digital assets regulations to give central bank more oversight: report

The plan will make the Bank of Thailand a second digital assets industry oversight body following the SEC, which is...
SBI Group to offer OTC derivatives trading in US after CFTC approval
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14 August, 2022

SBI Group to offer OTC derivatives trading in US after CFTC approval

SBI Group confirmed that Clear Markets North America Inc., the U.S. subsidiary of Clear Markets, has gotten approval from the...
IRS court filings pursue SFOX to turn in user details for tax auditing
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13 August, 2022

IRS court filings pursue SFOX to turn in user details for tax auditing

The filings also mention M.Y. Safra Bank, which partnered with SFOX in 2019 to offer its customers cash deposit accounts...