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Korean Prosecution Investigates Cypto Coin WEMIX Issuer WeMade and Hyperism Simultaneously

Korean Prosecution Investigates Cypto Coin WEMIX Issuer WeMade and Hyperism Simultaneously

The Korean prosecution has simultaneously raided WeMade, the issuer of the cryptocurrency WEMIX, and Hyperism, the asset management company responsible for WEMIX's market making. This incident comes right after South Korea’s parliament passed the Virtual Asset Protection Act, which aims to crack down on illegal illegal trading practices such as market price manipulation and insider trading.

Europe's Watchdog MONEYVAL Sees Crypto as a Threat to AML

Europe's Watchdog MONEYVAL Sees Crypto as a Threat to AML

European regulator MONEYVAL has published a report that considered cryptocurrencies a major threat to regulators' efforts to fight money laundering activities.

South Korea May Have to Postpone Crypto Taxation, Lawmaker Declares

South Korea May Have to Postpone Crypto Taxation, Lawmaker Declares

A push from one of the South Korean top lawmakers may stir the postponement of the crypto taxation billed to commence on January 1, local media reported.

Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns

Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns

According to insider sources cited by The Financial Times, Crypto.com, the Singapore-based cryptocurrency exchange platform, allegedly operates an in-house trading and market-making team whose primary objective is to generate profits rather than facilitate trading.

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants

The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.

South Korean Stakeholders Opposes the Proposed "Know-the-Sender" Rule

South Korean Stakeholders Opposes the Proposed "Know-the-Sender" Rule

Some stakeholders are pushing back against the proposed Know-the-Sender (KTS) rule that the South Korean parliament is looking to pass into law.

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March

The Japan Virtual and Crypto assets Exchange Association has reported that during the COVID-19 pandemic there has been a decline in active crypto-trading in Japan.

Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork

Cardano Releases New Daedalus Wallet for the Shelley Testnet Ahead of Shelley Hard Fork

Input Output (IOHK), the blockchain engineering company behind Cardano has released the new Daedalus wallet for the Shelley testnet, less than a week after the Cardano Virtual Summit.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition

Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.

KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal

KODW 2020 Goes Virtual Meeting Global Experts to Explore the New Normal

Hong Kong Design Centre’s (HKDC) major annual event, Knowledge of Design Week (KODW), will make its debut as a virtual event for international audiences this year. With Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the Lead Sponsor, and under the theme “Designing Digital Futures”, KODW 2020 will be held from 26 to 29 August 2020 to explore how digital transformation and human-centric design can help us navigate uncertainty and thrive in the pandemic world.

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina

Binance.US Digital Asset Trading Marketplace is Now Available in North Carolina

Binance.US has now expanded its digital asset trading services to include North Carolina investors.

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