The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.
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Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.
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Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.
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Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
Read moreStablecoins and crypto are threatening fiat money dominance in Eastern Asia
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.
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Fintech Veteran: Crypto Market Growth Not Tied to US Election Outcome
While the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad
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