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Philippines central bank warns of risks associated with digital assets amid FTX’s implosion
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18 November, 2022

Philippines central bank warns of risks associated with digital assets amid FTX’s implosion

BSP Governor Felipe Medalla also cast aspersions on using the asset in payments over its extreme volatility and environmental impact.
Genesis suspends withdrawals amid digital currency industry meltdown
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18 November, 2022

Genesis suspends withdrawals amid digital currency industry meltdown

FTX's implosion could result in three things: prolonged 'crypto' contagion, enforcement of stiff asset class regulations, and weakened industry confidence.
India gov’t won’t hinder startups from dabbling in Web3, digital assets, minister says
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18 November, 2022

India gov’t won’t hinder startups from dabbling in Web3, digital assets, minister says

Startups who wish to immerse in the Web3 and digital asset sector are free to do so, Rajeev Chandrasekhar says,...
Philippines: Securities regulator revokes Astrazion’s corporate registration due to fraud charges
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18 November, 2022

Philippines: Securities regulator revokes Astrazion’s corporate registration due to fraud charges

SEC's public disclosure revealed that the two Astrazion firms were "engaged in investment-taking activities without the required license or registration...
ASIC firm Canaan’s Q3 income plummets 90%
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18 November, 2022

ASIC firm Canaan’s Q3 income plummets 90%

Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to...
California’s attorney general issues guidance for residents looking to invest in digital assets
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18 November, 2022

California’s attorney general issues guidance for residents looking to invest in digital assets

The state’s Department of Justice (DoJ) launched a webpage dedicated to all classes of digital assets designed to guide residents...
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