by Theresa Joy Lacatan | Aug 1, 2024 | Blog News, Crypto News
On 30 July 2024, the Seoul Central District Court made a landmark ruling in favor of Wemade CEO Park Kwan-ho, ordering the now-defunct virtual asset exchange GDAC to return 7.8 million WEMIX tokens, valued at approximately $7.31 million, to Park. This decision brings...
by Theresa Joy Lacatan | Jul 31, 2024 | Blog News, Crypto News
On July 30, 2024, the Securities and Exchange Commission (SEC) charged Nader Al-Naji, the founder of the BitClout blockchain protocol now known as Decentralized Social (DeSo), with perpetrating a multi-million-dollar fraudulent crypto asset scheme. Al-Naji, who...
by Theresa Joy Lacatan | Jul 31, 2024 | Blog News, Crypto News
On 29 Jul 2024, the Securities and Futures Commission (SFC) issued a public warning regarding Proxinex, an entity suspected of engaging in virtual asset-related fraud. The alert comes in response to numerous reports from investors who have encountered significant...
by Theresa Joy Lacatan | Jul 31, 2024 | Blog News, Crypto News
On July 28, 2024, Moomoo announced it has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), making it the first digital brokerage in Singapore to obtain a license for digital payment token services. This milestone allows...
by Theresa Joy Lacatan | Jul 31, 2024 | Blog News, Crypto News
On 29 July 2024, the Monetary Authority of Singapore (MAS) announced that Mr. Chee Hong Tat, the Minister for Transport and Second Minister for Finance, will be appointed Deputy Chairman of the MAS Board of Directors. This appointment, set to take effect from 23...
by Theresa Joy Lacatan | Jul 29, 2024 | Blog News, Crypto News
On 26 July 2024, the Swiss Financial Market Supervisory Authority (FINMA) released its latest guidance, “FINMA Guidance 06/2024,” addressing the burgeoning field of stablecoins. As these digital assets gain prominence, FINMA’s guidelines underscore the legal,...
US SEC Appoints Natalia Díez Riggin as Senior Advisor and Acting Director of Legislative and Intergovernmental Affairs
US SEC Approves NYSE Arca’s Rule Change for Listing and Trading of Bitwise Bitcoin and Ethereum ETF
US Court Orders Over $451 Million Penalty in Global Binary Options Fraud Case
Singapore MAS Published Monetary Policy Statement – January 2025
UK FCA Issues First Fine for MiFIR Transaction Reporting Failures Against Infinox Capital Limited