In a striking revelation, FTX, a renowned financial technology firm, is engaged in a rigorous pursuit of almost $9 billion in siphoned off customer assets. The CEO, John Ray, reported on June 26 that the company has...

In a historic move, Japans National Tax Agency has approved a groundbreaking amendment granting tax exemptions for unrealized gains on cryptocurrencies. This significant announcement, made on June 20, signals a paradigm...

The innovative financial technologies landscape in the United States is enveloped in uncertainty, particularly in the realms of digital assets and banking as a service. Michelle Bowman, a prominent member of the U.S....

The Financial Action Task Force (FATF), a United Nations-established body combatting monetary crimes and terrorism financing, has issued an urgent call for worldwide reinforcement of the Travel Rule to tackle criminal...

In an unprecedented financial maneuver, a lender of the financially distressed cryptocurrency exchange FTX has utilized a tokenized claim as collateral to secure a loan. The groundbreaking transaction, facilitated by DeFi...

Binance.US, its global parent company Binance Holdings Limited, and CEO Changpeng CZ Zhao have engaged in a legal battle with the U.S. Securities and Exchange Commission (SEC), alleging that the financial regulator...

Jerome Powell, the Chair of the United States Federal Reserve Board, made a groundbreaking statement during the Financial Services Committees mid-year audit in Congress on June 21, declaring stablecoins as a new variety of...

Coinbase, the crypto exchange giant, adopts a distinctive legal approach to navigate legal disputes in the digital asset industry. Even prior to becoming embroiled in the U.S. regulatory scrutiny of cryptocurrency...

Binance, one of the worlds leading cryptocurrency exchanges, has confirmed its venture into the world of Bitcoin Lightning Network nodes. This initiative is aimed at preparing the ground for the integration of deposits and...