Turkish crypto exchange Thodex CEO jailed for 11,196 years
The long-drawn-out case against the Thodex crypto exchange had 21 defendants. 16 defendants were acquitted of “qualified fraud” for lack of evidence. The CEO, Faruk...
Tencent’s AI leviathan, $83M scam busted, China’s influencer ban: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. $500B firm partners with Polygon South Korea’s Mirae Asset Security Token...
Singapore regulatory sandbox lacks qualified crypto payment providers
The Monetary Authority of Singapore (MAS) has said that no businesses have qualified to participate in its FinTech Regulatory Sandbox framework as cryptocurrency payment providers. Responding...
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date with the...
Stake hack of $41M was performed by North Korean group: FBI
The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated...
Ripple CTO says ‘tide is turning’ on US regulatory environment
A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of...
Former FTX exec is planning to plead guilty to criminal charges: Report
Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related to his alleged involvement in illicit...
Ron DeSantis’ falling polls: Could crypto lose its candidate?
Miami Mayor Denis Suarez, who’s running for president of the United States, took a shot at his Republican counterpart in the presidential race, Florida Governor...
Casa Wallet rolls out new functionality for recently launched ETH vault
Casa added a multi-signature Ethereum self-custody vault to its initial BTC custody offering in June 2023. However, the Casa Relay responsible for communication between the...
US Treasury Department and the IRS propose crypto regulations for brokers
The regulations will start being implemented on or after January 1, 2026. The regulations require US-based brokers to file information returns with the IRS using...