HashKey Exchange has formed a strategic partnership with Victory Securities to enhance virtual asset services in Hong Kong. In an official announcement made by HashKey, the exchange has entered a collaboration with the Hong Kong Securities and Futures Commission (SFC) licensed investment management firm Victory Securities on March 28. HashKey to Enhance Digital Asset Services...
Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox before being licensed. This regulatory change will come into effect as supervision of the crypto industry transitions to the Financial Services Authority (OJK). Firms offering crypto services in Indonesia without undergoing evaluation in the sandbox will be...
KuCoin, a cryptocurrency exchange, has announced an airdrop of Bitcoin and its native KuCoin (KCS) token, totaling $10 million, to their loyal customers, despite recent US DOJ charges. KuCoin CEO Johnny Lyu announced the news in a letter published on the exchange’s blog. The move comes amid legal challenges and charges filed by the United...
Stratis, a blockchain company specializing in flexible and modular enterprise-grade solutions, has achieved a significant milestone by receiving Virtual Asset Service Provider (VASP) registration from the Banco de España, the central bank of Spain. This registration officially recognizes Stratis as a registered blockchain platform operating in the country. The announcement, made on March 28, highlights...
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SECSecurities and Exchange Commission (SEC) Chair Gary Gensler has previously warned that artificial intelligence (AI) could lead to the next financial crisis. Gensler once again elaborated on this topic during a virtual fireside chat hosted by the non-profit advocacy organization Public Citizen on Jan. 17. ...
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over $10,000, including customers’ names, addresses, and social security numbers, within 15 days....
The Indonesia stock market on Tuesday snapped the three-day winning streak in which it had gathered almost 50 points or 0.8 percent. The Jakarta Composite Index now sits just above the 7,365-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets is mixed to lower, with technology and...
The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,375-point plateau although it may face renewed consolidation on Wednesday. The global forecast for the Asian markets is mixed to lower, with technology...
The Japanese stock market is significantly higher on Wednesday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,700 level, with gains across most sectors led by exporters and financial stocks. The benchmark Nikkei 225 Index is...
Indian shares look set to open a tad lower on Wednesday, tracking mixed global cues as investors await key U.S. and European inflation readings this week for policy clues. Escalating tensions between Russia and Ukraine, unrest in the Middle East and the indefinite suspension of vessel traffic into and out of the Port of Baltimore...