A worrying increase in scams tied to cryptocurrency has prompted major Australian banks to maintain their hard stance, despite rising criticisms. The government, too, displays no sign of bending to pressure, emphasizing...

Late into the evening, the Binance Australia team was unexpectedly informed of a swift withdrawal from the Australian banking system. The information came as a shock, devoid of any forewarning or discussion, according to...

Harnessing the transformative potential of asset tokenization, Singapores financial regulator, the Monetary Authority of Singapore (MAS), in unison with 11 financial giants, has been studying the ways to streamline...

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...