Thai SEC plots ban on digital currency deposit and lending services
Details of the ban include the prohibition of "digital asset business operators" from taking deposits of digital assets with a promise of returns.
Details of the ban include the prohibition of "digital asset business operators" from taking deposits of digital assets with a promise of returns.
A Chicago firm caught the federal authorities' attention after unsuspecting investors reported the company defrauded them of $1.5 million by offering BYX tokens, the majority of which they never received.
A Binance executive has confirmed the exchange is in talks to acquire a licensed company after losing out on approval from BSP, which is now not issuing new licenses.
Thailand slowly loses its momentum in adopting digital assets as operators face stringent regulatory protocols, while at the same time carefully treading the bear market.
The U.S. securities regulator says that the recent growth of the industry made it necessary to expand its digital asset capabilities to deal with companies making Bitcoin filings.
A Florida man faces a five-year jail term for scamming investors over $100 million through a sham platform he operated with two others, promising victims bountiful returns that are hard to ignore.
The SEC disclosed that Zipmex and its co-founder Eklarp Yimwilai failed to report all relevant details surrounding the pausing of withdrawals and deposits on the platform.
The Brazilian CVM has ordered Bybit exchange to cease offering securities illegally, four months after it commenced operations, just as it banished Binance.
Thailand doubles down on consumer protection with stringent protocols on advertising, mandating digital asset operators to sell assets based on facts, including disclosing the risks of acquiring one.
A regulatory framework that was approved by lawmakers in April and currently on the desk of the Office of President gives the Brazilian securities regulator a small role in the digital currency industry.
Bitkub's CTO faces sanction on charges of allegedly taking advantage of SCBX's planned 51% stake bid in the exchange platform to boost his KUB token investment.
VanEck's spot BTC ETF application remains in limbo as the SEC pushed back on its decision on whether or not to approve the digital assets, citing the market's susceptibility to manipulation.