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Blockchain
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VARA issues MVP Preparatory License To Crypto.com

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued an MVP preparatory License to crypto.com.   The firm disclosed this in a statement issued on Monday.   According to crypto.com, the...
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European Parliament Member Calls for Ban on Cryptocurrency

The Chairman of the European Parliament Committee on Budget, Johan Van Overtveldt has called for a ban on cryptocurrency.   Johan Van Overtveldt, formerly the minister of finance in Belgium...
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Binance Suspends Crypto Transfers for UK Customers

Binance has said that it is halting cryptocurrency withdrawals and deposits for customers in the UK.   According to the firm, its partner which earlier facilitated withdrawals and deposits has...
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Crypto Investors Lose $216.6 Million In 2022

Cryptocurrency investors in Hong Kong lost $216.6 million to crypto scams in 2022.     This, according to the Hong Kong Police constituted just over 10% of the nearly 23,000...
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Just in: Silvergate goes out of business

Popular crypto bank, Silvergate says it is going out of business.   The firm, in the announcement, said that it intends to return all customer deposits.     Considered one...
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SEC Charges BKCoin With Fraud

The United States Securities and Exchange Commission says it has obtained an order to freeze the assets belonging to cryptocurrency firm, BKCoin Management LLC and its principal, Kevin Kang. According...
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Brazil Crypto Market Soared In January- Report

The Brazilian tax authority revealed an increase in the volume of cryptocurrency trading in the country in January.   The report said that when paired with the same record in...
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Banks in Pakistan To Deploy Blockchain Technology for KYC Checks

An association of banks in Pakistan, the Pakistan Banks’ Association (PBA) has revealed plans to implement a blockchain-based know-your-customer (KYC) platform.   The report which will be developed by Avanza...
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Digital assets: UAE Proposes New Free-trade Zone Firms

The United Arab Emirates (UAE) says it is planning the launch of a free-trade zone for firms dealing with digital assets.   As announced by Ras Al Khaimah, one of...
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Central Bank of Australia Reveals Use Cases For CBDC

Australia’s Apex bank, the Reserve Bank of Australia has announced that it has selected 14 digital currency proposed use cases for the pilot of its Central Bank Digital Currency (CBDC)....
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