Guide

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Taiwan Mobile, the second-largest telecom operator in Taiwan, has recently made a significant move by applying for a license to operate as a Virtual Asset Service Provider (VASP). This decision has placed them as the 26th VASP in Taiwan, highlighting their compliance with Money Laundering Prevention Laws. With Lin Zhichen, the company’s General Manager, named
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Former Solicitor General Donald B. Verrilli, in his role as the senior legal strategist for Grayscale Investments, has made serious accusations against US regulators. He claims that regulators are intentionally stifling the growth of the crypto industry through debanking practices. Verrilli’s concerns were highlighted in a joint amicus brief filed with Paul Clement, another former
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The European Banking Authority (EBA) recently announced updates to its Travel Rule guidelines, now including crypto service providers and intermediaries. This change, set to take effect on December 30, 2024, will require crypto exchanges in the European Union to adhere to the Travel Rule guidelines (EU-2023/1113). The new rule mandates that exchanges report information on
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South Korea’s Financial Supervisory Service (FSS) has announced plans to increase scrutiny on cryptocurrency trading platforms to eradicate fraudulent activities. This move comes as part of the regulator’s efforts to ensure fair and transparent transactions within the crypto industry. Exchanges will now be required to set up a continuous monitoring system to detect and report
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The Securities and Exchange Commission (SEC) of Nigeria has recently introduced stringent guidelines for Virtual Asset Service Providers (VASPs) as part of its new regulatory incubation framework. The guidelines mandate that all fintech entrepreneurs involved in virtual assets must establish a local office in Nigeria, including leadership roles such as CEOs. These requirements are aimed
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The recent report from the Polkadot Treasury for the first half of 2024 has highlighted concerns over an impending funding crisis. The report reveals that the Treasury’s assets, spread across multiple chains, have become increasingly challenging to manage effectively. DeFi Ignas, a decentralized finance researcher, analyzed the report and pointed out the Treasury’s limited runway
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Recently, Kraken founder Jesse Powell made headlines by donating $1 million, primarily in Ethereum, to support former President Donald Trump’s re-election bid. Powell justified his donation by stating that it was essential for the US to maintain its leadership in blockchain technology. He expressed his excitement in rallying behind the only pro-crypto major party candidate