After signing an agreement with Gulf Energy Development PCL. Binance is looking to re-establish crypto exchange services and possibly open a new branch in Thailand. Gulf Energy Development PCL is a Thai holding company specializing in the energy sector and led by billionaire Sarath Ratanavadi. Moreover, Gulf Energy is said to have reached an agreement […]
Bithumb, a South Korean cryptocurrency exchange, is working on an NFT marketplace with “a large company,” which is thought to be LG CNS, a subsidiary of LG Corporation. In a Jan. 13 interview, Bithumb CEO Heo Baek-young confirmed. That the exchange was currently developing a nonfungible token (NFT) exchange to help it compete with Korbit. […]
The Federal Trade Commission of the United States has issued an alert about a new variant of cryptocurrency fraud. An impostor, a QR code, and a crypto ATM where victims will be directed to send money are the three main components of the hoax. Fraudsters pose as governmental authorities, law enforcement agents, or employees of […]
According to Triple A, a Singapore-based cryptocurrency distributor, and aggregator, 0.9 million Moroccans, or about 2.4 percent of the overall population, own cryptocurrency. This places the kingdom as the most populous country in North Africa. And in the top 50 countries with the highest percentage of cryptocurrency users, just ahead of Portugal. The pattern is […]
The Bank of Jamaica (BoJ) has completed its first central bank digital currency (CBDC), which will be rolled out across the country in the first quarter of 2022. Following the completion of initial CBDC prototype testing in March 2021, Jamaica’s central bank completed an eight-month pilot last Friday, according to the Jamaica Information Service. The […]
Samsung has announced that among its 2022 Consumer Electronics Show (CES) offerings will be a series of TVs equipped with an app that allows users to browse, buy, and sell non-fungible tokens (NFTs). Samsung stated in an official statement that the app would be known as the NFT Platform and that it would include the […]
The National Tax Agency of Japan has updated its crypto FAQs, covering topics such as staking and crypto lending. However, the body has made no mention of non-fungible tokens (NFTs) or token airdrops. Implying that NFT trading and airdrops are not currently taxable. The agency (known as the NTA) updated its FAQs on December 22 […]
Binance Turkey fined 8 million lira (nearly $750,000) by the Financial Crimes Investigation Board (MASAK). After failing the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance. The Financial Crimes Investigation Board (MASAK), Turkey’s financial intelligence unit under the Ministry of Finance and Treasury, found Binance’s Turkey operations in violation of laws designed to prevent […]
In an event hosted by the city police of Hyderabad, India, Additional Commissioner of Police Shikha Goel warned Indian citizens about the rise in cybercrime. Advise them not to transfer cryptocurrencies to unauthorized private wallets. Fraudsters are actively using a variety of methods to deceive investors. According to Goel, including lucrative investment opportunities, illegitimate bank […]
Telangana’s state government has announced the launch of the India Blockchain Accelerator program. Which will support early-stage Web2 and Web3 blockchain startups. As well as blockchain developers who are working to solve real-world problems. The program will be launched in collaboration with CoinSwitch Kuber. A unicorn crypto exchange, and Lumos Labs, a technology innovation management […]