Thai SEC Introduces Crypto Custody Requirements
The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies
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Coinflex Founders to Raise $25M for New Claims Trading Exchange
3AC and the founders of the Coinflex cryptocurrency exchange intend to raise $ 25 million for the new exchange.
Bank of Japan Toughens Monetary Policy
The Bank of Japan tightened its monetary policy, although it characterized its actions differently.
Japanese Regulators Want Crypto Treated Like Banks
Japanese regulators want to change attitude toward cryptocurrencies.
Payments Platform Sprinque Raises €6 Million
The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.
EU Postpones MiCA Crypto Regulation Vote to April
EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions
Looming Twitter Interest Payment Threatens Elon Musk With Problems
The impending interest payment on Twitter is a serious problem for Elon Musk.
Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project
Founders of the now-bankrupt Three Arrows Capital (3AC) are pitching a collaboration to cryptocurrency exchange CoinFLEX.
Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions
Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion
Seoul Government Opens City’s First Metaverse Project
According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.
Tether’s Settlement Volume Flips Visa and Mastercard
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
North Korean Hacker Group Moves $63.5 Million in ETH
Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.
Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product
Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.
Alibaba Sells Stake in Paytm
Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.
China’s Official Wallet App Launches Offline Payments
The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.
Neobank Kompasbank Raises €12 Million
Kompasbank, the youngest bank in Denmark, has attracted new financing for 12 million euros.
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