Crypto
U.S. SEC Files 13 Charges Against Binance and Changpeng Zhao for ‘Web of Deception’
The U.S. Securities and Exchange Commission has charged crypto exchange Binance and its founder Changpeng Zhao with a variety of securities law violations. The regulator alleged that while Zhao and Binance publicly claimed that U.S. customers were restricted from transacting
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Crypto.com Secures License for Digital Payment Token Services in Singapore
Crypto.com, a leading cryptocurrency platform, has announced that it has been granted the Major Payment Institution (MPI) license for Digital Payment Token (DPT) services by the Monetary Authority of Singapore (MAS). This development follows Crypto.com’s previous in-principle approval from MAS
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Binance Taps Richard Teng to Head Its Regional Markets Outside U.S.
Global cryptocurrency exchange Binance has appointed Richard Teng to head its regional markets outside the United States. Teng revealed the news on LinkedIn and will begin his new role on Monday. This announcement comes on the heels of the increasing
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Temasek to Slash Compensation of Team That Greenlit FTX Investment
Singapore’s sovereign wealth fund Temasek said that it will slash the compensation of the investment team and senior management involved in greenlighting the US$275 million funding in now-bankrupt crypto exchange FTX. Temasek’s chairman Lim Boon Heng said in a statement
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dtcpay Officially Opens New Headquarters in Singapore
dtcpay, a payment company based on distributed ledger technology formerly known as Digital Treasures Center, has officially opened its new office in Singapore’s Central Business District. The new office, located at Cecil Street, aims to develop local talent and partnerships
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Crypto.com Pilots ChatGPT-Based AI Assistant ‘Amy’
Crypto.com announced that it will be piloting its first AI-powered user assistant Amy to help its users learn about the crypto industry with near real-time information about specific tokens and projects, as well as details on price listings and historical
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Visa is Talent Hunting For ‘Ambitious Crypto Product Roadmap’
Payment titan Visa is actively seeking senior software engineers to support its “ambitious” plans for a crypto product roadmap, with the goal of driving mainstream adoption of public blockchain networks and stablecoin payments. Cuy Sheffield, Head of Crypto at Visa,
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Standard Chartered’s Zodia Custody Secures $36 Million in Series A Funding Round
Zodia Custody, the cryptocurrency custody service launched by Standard Chartered, has raised US$36 million in a Series A funding round. The round received participation from Chicago-based financial services company Northern Trust Corporation and Japanese financial services firm SBI Holdings, along with SC
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Gemini Exchange Goes Global with Expansion Plans in India
Cryptocurrency exchange Gemini announced plans to open a new engineering center in Gurgaon, India, and hire local talent for its expanding regional business teams. Gemini’s Gurgaon office is set to become its second-largest engineering hub globally, next to the United
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Bitcoin Poised to Reach US$100,000 by End-2024, Says StanChart Researcher
Bitcoin is likely to reach US$100,000 by the end of next year in a sign that the crypto winter might be waning, according to lead researcher at Standard Chartered, Geoff Kendrick in a note on April 24. As the bank’s
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