Crypto

Crypto Adoption in Southeast Asia is On the Rise

Crypto in Southeast Asia is increasingly popular among investors. The region is home to a complex financial landscape that’s characterized by a significant portion of the population being underbanked or unbanked, alongside a digitally-savvy youth demographic with high mobile Internet

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Payment and Crypto Identified as Top Targets for Identity Fraud in Q4 2023

In Q4 2023, the payment and cryptocurrency sectors were the most targeted industries by identity fraud attempts, accounting for 47% and 32% of these attacks, respectively, a new report by Israeli identity verification company AU10TIX says. The rise of attacks

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Binance Sets up First-Ever Board in Wake of Legal Settlements

Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors. The announcement comes as the company seeks to navigate through the aftermath of legal challenges in the United States, including a guilty

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OJK Tightens Crypto Oversight with New Sandbox Requirement

The Indonesian Financial Services Authority (OJK) has issued a new mandate requiring all financial institutions introducing new products and services, including those related to crypto assets, to participate in a regulatory sandbox. This innovation testing and development space is aimed

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What Is Litecoin Mining?

In 2011, Charles Lee launched Litecoin as a cheaper, faster competitor to digital tokens like Bitcoin. Litecoin was designed based on Bitcoin’s source code and is widely considered to be one of the first altcoins on the market. In the

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Binance Discreetly Spins off Venture Arm Months After Richard Teng Steps up as CEO

Global crypto exchange Binance has officially spun off its venture capital and incubation arm – Binance Labs, as reported by The Block. Binance Labs, now standing independently, has adjusted its operational dynamics, ensuring that its staff contracts and organisational structure

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Indonesia’s Ajaib Kripto Witnesses Tenfold Surge in Bitcoin Trading Volume

Ajaib Kripto, the crypto trading application developed by Indonesian investment technology unicorn Ajaib, has announced a significant surge in its Bitcoin trading volume, marking a tenfold increase since the beginning of Q4 2023. According to the company, this development coincides

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OKX Singapore Gets In-Principle MPI License to Offer Crypto, Cross-Border Services

The Singapore subsidiary of cryptocurrency exchange and Web3 technology firm, OKX, known as OKX SG Pte. Ltd., has been accorded in-principle approval for a Major Payment Institution License by the Monetary Authority of Singapore (MAS). This approval will permit OKX

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Binance Debuts New Perfume in Bizarre Move to Attract Women to Crypto

Global crypto exchange Binance has decided that the secret to getting more women into cryptocurrency isn’t just financial literacy—it’s perfume. Binance has unveiled the “CRYPTO” luxury perfume ahead of International Women’s Day in an eyebrow-raising move orchestrated by the company’s

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Crypto Exchange Bitstamp Secures In-Principle Approval from MAS

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the

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