Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The central bank said it will stop processing licenses for new virtual asset services providers (VASP) for three years.
Hotbit Suspends Trading, Withdrawals amid Criminal Investigation
Crypto exchange Hotbit announced it had suspended all financial and trading services as part of the capital was frozen by watchdogs that a former employer was involved in a criminal case that is under investigation.
BitMEX's Greg Dwyer Pleads Guilty for Role in Money Laundering Case
Greg Dwyer has pleaded guilty to money laundering charges associated with BitMEX in a US court in Manhattan.
Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown
Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea.
Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)
Major global cryptocurrency exchange Binance announced Friday that three new altcoins are now added to its Binance Card: Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX)
Portuguese Crypto Exchanges Hit with Bank Account Closures
An increasing number of commercial banks in Portugal have begun closing accounts associated with crypto exchanges. The move is contrary to what is expected as crypto exchanges in the country hold central bank licenses.
FTX Gets Full Approval to Operate Crypto Exchange in Dubai
FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.
KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.
Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.
Schaub resigned her role as general counsel of cryptocurrency exchange Gemini. She is joining an online real estate company Opendoor Technologies Inc. as a chief legal officer.
Zipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party Creditors
Singapore-based crypto trading platform Zipmex has filed a moratorium for seeking bankruptcy protection from the local court. Some of its core activities have been suspended.

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