by Theresa Joy Lacatan | Jun 15, 2024 | Blog News, Crypto News
The Swiss Financial Market Supervisory Authority (FINMA) on 13 June, 2024, announced the commencement of bankruptcy proceedings against FlowBank. The decision came after FlowBank was found to lack the minimum capital required for its business operations. FINMA also...
by Theresa Joy Lacatan | Jun 13, 2024 | Blog News, Crypto News
The Open Network (TON) is emerging as a beacon of promise in the blockchain world. Initially built to enhance Telegram, one of the world’s most popular messaging apps, TON has evolved significantly. Despite Telegram stepping back due to regulatory issues, an...
by Theresa Joy Lacatan | Jun 13, 2024 | Blog News, Crypto News
On June 12, 2024, Terraform Labs, the firm behind the defunct LUNA and TerraUSD, along with co-founder Do Kwon, reached a monumental settlement agreement with the U.S. Securities and Exchange Commission (SEC). This settlement, a culmination of a civil fraud lawsuit,...
by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News
In a recent event, CleanSpark Inc.’s Executive Chairman Matthew Schultz shared insights on Donald Trump’s evolving stance on cryptocurrency. Trump, joined by Riot Platforms CEO Jason Les and head of public policy Brian Morgenstern, voiced strong support...
by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News
The leading industry association formerly known as Blockchain Australia has rebranded as the Digital Economic Council of Australia (DECA). This strategic move signals a “transformative leap” towards a more inclusive vision of digital economic activities,...
by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News
An employee at South Korea’s Woori Bank has confessed to embezzling $7.3 million from company funds to invest in cryptocurrency. The unnamed employee, aged in their thirties, voluntarily visited the West Gimhae Police Station on June 10 to admit to the crime,...
Quantum Updates 50 | June 2025
SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026
Billy Long Sworn in as 51st US IRS Commissioner, Pledges Taxpayer-Friendly Reforms
FATF Updates List of Jurisdictions Under Increased Monitoring for AML/CFT Compliance
Cayman Islands Monetary Authority Cancels AC Holding Limited’s VASP Registration for Non-Compliance