• Non-fungible tokens (NFTs) have been popular in the crypto industry for some time now. • Recently, a Bitcoin developer exposed a fraudulent site selling his code as an NFT without his permission. • He made it clear that he had not consented to such use of his property and asked the seller(s) to desist…
• The Securities and Futures Commission (SFC) in Hong Kong proposed a licensing regime for cryptocurrency exchanges set to be put in place from June 2023. • Under the proposal, individual retail investors would be allowed to trade larger crypto assets listed on crypto exchanges licensed by the SFC. • The SFC proposed that only…
• Bitzlato, a cryptocurrency exchange platform, made headlines after its cofounder, Anton Shkurenko, was briefly detained and questioned by local authorities. • He was released after a quick interrogation but sources suggest the arrest is due to an investigation into the company’s business practices and financial dealings. • Following the release of Anton Shkurenko, Bitzlato…
• Indonesian Trade Minister Zulkifli Hasan announced that the launch of Indonesia’s national crypto exchange will now happen in June 2021. • The national platform will act as a clearing house and custodian, facilitating smooth trades and overseeing the activities of private exchanges. • Regulators have already registered five exchanges which will operate under the…