Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The former CEO of Turkish crypto exchange Thodex, Faruk Fatih Özer, was sentenced to 11,196 years in prison by a Turkish court on charges of...
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...
LBRY decides to fight: Blockchain firm files notice of appeal against SEC
Blockchain-based file-sharing and payment network LBRY may be reversing course on an earlier decision to wind down, filing a notice of appeal against a federal...
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
Coinbase has flagged several countries outside the United States where it intends to focus its operations in the near term, citing their comparatively clearer crypto...
CTFC cracks down on DeFi protocols Opyn, ZeroEx and Deridex
The United States Commodity Futures Trading Commission (CFTC) is taking regulatory action against three decentralized finance protocols for allegedly failing to register various derivatives trading...
CFTC commissioner calls for crypto regulatory pilot program
Caroline Pham, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has suggested a limited pilot program in an effort to address crypto...
Former FTX exec will give up real estate, car and $11M following guilty plea: Report
Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Election Commission (FEC) and...
House committee will reopen discussions on digital dollar in Sept. 14 hearing
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will be holding a hearing discussing central bank digital currencies (CBDCs)...