In recent years, the proliferation of virtual assets has prompted regulators worldwide to take action in safeguarding investors. Dubai’s Virtual Assets Regulatory Authority (VARA) has taken a significant step towards enhancing the security of the crypto market. With new guidelines set to take effect on October 1, 2023, the authority aims to curb misleading advertisements
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In an era where digital privacy has become paramount, the South Korean Personal Information Protection Commission (PIPC) has taken a significant step by imposing a hefty fine on Worldcoin and its affiliate Tools for Humanity (TFH). Announced in a press release dated September 25, the two companies face a collective penalty amounting to KRW 1.14
In a significant development in financial crime fighting, Binance, the world’s leading cryptocurrency exchange, has played a pivotal role in dismantling an elaborate online gaming scam in India. This particular case highlights the critical importance of collaboration between public authorities and private firms in addressing complex financial crimes. The Indian Enforcement Directorate (ED) reported that
The cryptocurrency landscape is constantly evolving, and one of the pivotal metrics that shed light on user engagement is the daily active address count. This metric counts the wallets that are actively engaged in transactions within a specific timeframe. An analysis by the market intelligence platform IntoTheBlock has revealed noteworthy insights into the daily active
In a remarkable twist, US investors have demonstrated an overwhelming appetite for spot Bitcoin Exchange-Traded Funds (ETFs), with more than $1 billion flowing into eleven US-based funds throughout the past trading week. This surge not only underscores a revitalization of interest in cryptocurrencies but also hints at changing investment strategies among both seasoned and novice
In the ever-changing landscape of cryptocurrency, where innovation intertwines with speculation, individuals who illuminate the complexities of this digital age are essential. Opeyemi, a dedicated and capable writer, has emerged as a passionate voice within this intriguing realm. Though he initially ventured into cryptocurrency as a side interest, his unwavering fascination and commitment have transformed
In the swiftly evolving landscape of digital assets, few stories resonate as deeply as that of Opeyemi, a dedicated writer whose journey into the cryptocurrency sphere began unexpectedly over two years ago. Although the cryptocurrency domain wasn’t initially his intended destination, Opeyemi’s fascination for blockchain technology and its myriad complexities has transformed his perspective entirely.
In today’s rapidly evolving landscape of finance and technology, few individuals manage to bridge the gap between expertise and advocacy as elegantly as Semilore Faleti. A dedicated cryptocurrency writer at NewsBTC, Semilore has carved a niche for himself by not just reporting on digital currencies, but also by diligently analyzing their broader implications on society.
In a significant development for Hong Kong’s financial sector, regulators are taking proactive measures to align the city’s over-the-counter (OTC) derivatives reporting regime with global standards, including those specific to cryptocurrency derivatives. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have jointly published a consultation conclusion that outlines a strategic
The cryptocurrency market is notoriously volatile, and Bitcoin, as the leading digital currency, often serves as a barometer for broader market sentiment. Recently, a prominent crypto analyst has made waves with a bold forecast, predicting that the price of Bitcoin could reach an astonishing $400,000. This prediction invites scrutiny and speculation, especially considering the implications
