South Korean authorities are now taking steps to weed out unregistered crypto exchanges that are still operating in the country. The Korea Financial Intelligence Unit (FIU) has set its sights on 16 Virtual Asset Service...

Iran has officially started using crypto for its imports. While it was not specified if the country used Bitcoin (BTC) or Ethereum (ETH) for a recent import order, reports say that the country plans to widely use...

South Korea is planning to go after those who use crypto and digital assets platforms to evade taxes by implementing strict measures against such activities. Seoul authorities pointed out that while the government has not...

Troubled crypto lender Vauld was granted creditor protection for three months by Singapores High Court. This gives the company some breathing space as it continues its negotiations for its acquisition by its rival...

Binance, the largest crypto exchange in the world in terms of trading volume, received a summons from the Central Bank of Uruguay to ask the platform about its crypto-based savings products. The regulator became aware of...

A U.S. Senator has sent letters to the chief executive officers of Apple and Google demanding to know what measures the companies have against fake crypto apps. The inquiry came after the Federal Bureau of Investigation...

FZE, the subsidiary of billionaire Sam Bankman-Fried crypto exchange FTX, became the recipient of Dubais first Minimal Viable Product (MVP) License. The operating license, which was issued by the Virtual Asset Regulatory...

The Central African Republic (CAR) made waves when it followed in El Salvadors footsteps and made Bitcoin (BTC) legal tender, becoming the first country in Africa to do so. However, the move did not sit well with its peers...

The Federal Deposit Insurance Corporation (FDIC) recently issued an advisory that clarified the scope of its insurance. The agency stressed that while it insures deposits held in insured banks, the coverage does not...

The International Monetary Fund (IMF) has expressed concern that Kenyas proposed central bank digital currency (CBDC), also known as the digital shilling, might threaten banks, mobile money operators such as M-Pesa, and...