SEC’s Gary Gensler takes another swipe at crypto in educational video
Another swipe has been taken at the crypto industry by the chair of the United States securities regulator, who claimed many crypto platforms are operating...
Coinbase execs respond to SEC’s Wells notice in person and on video
Executives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on April 27, with chief legal officer Paul Grewal speaking at Consensus...
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong inching close on a clear crypto regulatory pathway A...
US House committees hear similar testimonies in simultaneous hearings on digital assets
The United States House of Representatives was abuzz with talk about crypto on April 27, as both the Financial Services Committee and the Agriculture Committee...
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
One size does not fit all when it comes to Anti-Money Laundering (AML), the Hong Kong Monetary Authority (HKMA) reminded banks on April 27. Banks...
UK opens consultation on taxation of DeFi transactions
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a consultation on taxation of activities...
Kaspa price gives up gains as top exchange delays KAS listing
Kaspa price rose to highs above $0.031 before giving up gains to sit around $0.030. The upside momentum for the altcoin was derailed as major...
Belgium’s first and only crypto lender suspends activities
Bit4You is Belgium’s first and only crypto asset lending platform. The platform says one of its main crypto asset custodian, CoinLOan, had been declared insolvent....
OpenOcean brings DEX aggregation to zkSync Era
DEX aggregator OpenOcean has launched integration with the zk-rollups platform zkSync Era. The move allows the DeFi platform to expand its trading solution to the...
Utah DAO Act: How the law was made and what it means for decentralized business
In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the...