In its second policy statement on the subject, the government said it intends to take further steps to regulate digital asset service providers, exchanges and stablecoins. What to know: Hong Kong’s government released its second major policy statement on digital assets, underlining its pledge to set the region up as a global hub for the […]
The U.K.’s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England. What to know: The Bank of England plans to introduce new proposals on banks’ exposure to crypto by 2026 to protect financial stability, a key official said Wednesday. The U.K. […]
The BidenCash marketplace was used to buy and sell stolen credit cards as well as related personal information. What to know: The U.S. seized 145 darknet and internet domains as well as cryptocurrency funds linked to BidenCash, a market for buying and selling stolen credit card details and associated personal information, the Attorney’s Office for […]
Smerkis worked for Binance from 2022 for just under two years. What to know: Vladimir Smerkis, Binance’s former Russia division head, was arrested in Russia for being connected to a large-scale criminal fraud case, local media outlet TASS reported on Sunday. Zamoskvoretsky District Court, which resides in Moscow, granted an investigator’s request to detain Smerkis, an […]
The FCA’s intention is to create new rules for a more stringent regulatory regime, its director of payments said. What to know: The U.K.’s crypto industry has just over 12 months to prepare for an even stricter regulatory regime, a senior official with the country’s finance regulator said. Matthew Long, director of payments and digital […]