Yuzo Kano, co-founder of bitFlyer, a prominent cryptocurrency exchange in Japan, plans to reintroduce himself as CEO in an attempt to reinvigorate the company. Kano left the company in 2019 amidst a series of management disputes, but he aims to lead the company towards an Initial Public Offering (IPO) in the coming months, according to … Continue reading bitFlyer Co-Founder Seeks to Reinstate as CEO
The International Monetary Fund (IMF) has expressed its preference for regulating crypto assets, including stablecoins, rather than imposing an outright ban. IMF’s Managing Director, Kristalina Georgieva, stated during the G20 finance ministers meetings in Bengaluru, India that differentiating and regulating digital assets are the agency’s top priorities. However, the IMF has not ruled out the … Continue reading IMF Prioritizes Regulation over Ban on Crypto
Since the start of the Russian-Ukrainian conflict, Ukraine has received over $70 million in cryptocurrency donations, according to a report by blockchain data platform Chainalysis. The funds, which have primarily come in the form of Ether and Bitcoin, have provided the nation with much-needed resources for military equipment and humanitarian aid efforts. The conflict between … Continue reading Ukraine receives over $70M in crypto donations
Ras Al Khaimah, one of the UAE’s seven Emirates, is set to launch a free zone dedicated to digital and virtual asset companies. The new free zone, RAK Digital Assets Oasis (RAK DAO), aims to create a hub for non-regulated activities in the virtual assets sector. This move comes as the UAE continues to attract … Continue reading UAE's Ras Al Khaimah to Launch Free Zone for Virtual Asset Companies
The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) have been tasked with establishing standards for a global cryptocurrency regulatory framework, according to an announcement by the Group of 20 (G20) on February 25th, 2023. The G20, comprised of the world’s 20 largest economies, has recognized the … Continue reading G20 Announces Standards for Global Crypto Regulation
The United Kingdom’s Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and holding of digital assets. The decision comes as the use of digital assets continues to grow and evolve globally, and the PRA aims to ensure that banks and other financial institutions operating in the UK … Continue reading UK's Bank Regulator to Propose Rules for Digital Asset Issuance
HONG KONG, 6 March 2023 – Binance Founder and CEO Mr. Changpeng Zhao (CZ) confirms his attendance at the Hong Kong Web3 Festival 2023. Mr. Zhao will be the closing speaker on the Opening Day of the conference, 12 April 2023, and will deliver his speech virtually About Changpeng Zhao Changpeng Zhao, known as CZ, … Continue reading Binance CEO Changpeng Zhao to Speak at the 2023 Hong Kong Web3 Festival
The Pakistan Banks’ Association (PBA), a group of 31 traditional banks operating in Pakistan, has signed off on the development of a blockchain-based Know Your Customer (KYC) platform. The move aims to strengthen the country’s Anti-Money Laundering (AML) capabilities while countering terror financing – an initiative led by the State Bank of Pakistan (SBP). As … Continue reading Pakistan Banks Develop Blockchain-based KYC Platform
Algorand-based wallets have been hit by security breaches in recent weeks, with MyAlgo and Algodex both experiencing hacks. MyAlgo urged users to withdraw their assets or rekey their funds after a February security breach that resulted in losses of around $9.2 million. In the past week, a targeted attack was carried out against a group … Continue reading Algorand Wallets Hacked Again
Tbilisi, Georgia, 8th March, 2023, Chainwire In celebration of International Women’s Day, Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has announced a $100,000 donation to Georgia’s Innovation & Technology Agency (GITA) to support web3 education and training. As a result of the partnership, more than 100 women will … Continue reading Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education