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Tag: Crypto asset

South African Government to Add Crypto Entities to ‘List of Accountable Institutions’

December 2, 2022 wp-bot Bitcoin News

According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to

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Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

November 28, 2022 wp-bot Bitcoin News

It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback

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ASIC fires industry warning shot as it sues BPS Financial over crypto promo

October 25, 2022 wp-bot Cointelegraph

The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations and engaging in unlicensed conduct.

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South African Financial Sector Regulator Declares Crypto Assets a Financial Product

October 20, 2022 wp-bot Bitcoin News

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary

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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

October 1, 2022 wp-bot Bitcoin News

A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9

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Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

June 9, 2022 wp-bot Bitcoin News

Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny

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Blockchain
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