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    Blockchain

    Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors

    Binance reportedly urged prime brokers like FalconX and Hidden Road to enhance their KYC processes to prevent U.S. investors from accessing its platform, according to a march 19 report by Bloomberg citing insider sources.

    Nigeria and Turkey Biggest Adopters of Crypto in 2024

    Looking into the rate of crypto adoption and the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista.

    Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore

    Tokenize Xchange, a crypto exchange founded in 2017, has successfully raised $11.5 million in a latest funding round for expansion in Singapore.

    Russian Government to Create Crypto Confiscation Platform

    The Russian government is planning to build a platform that will allow the nation’s law enforcement agencies to seize and hold crypto they confiscate from criminals.

    Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms

    Nigeria’s Securities and Exchange Commission (SEC) amended the regulatory framework governing platforms offering cryptocurrency services on Friday, suggesting increased registration fees for crypto exchanges.

    South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials

    South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18.

    Bitget Wallet Announces Native Token After $30 Million Raise – Here’s The Details

    Bitget Wallet, a cross-chain crypto wallet formerly known as Bitkeep, is launching a native crypto token to reward its early users.

    IcomTech Ponzi Scheme Promoters Convicted in New York, Facing Two Decades in Prison

    David Brend and Gustavo Rogriguez, promoters of the fraudulent crypto mining and trading facility IcomTech, were found guilty of conspiracy to commit wire fraud by a New York jury on Friday, according to a press release from the United States Attorney’s Office for the Southern District of New York.

    Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project

    Charles Hoskinson, CEO of Cardano, took to X to address rumors of Hydra’s abandonment as “just pure FUD” (fear, uncertainty, and doubt) surrounding Cardano’s latest project.

    Pakistan Faces IMF Pressure to Tax Crypto and Real Estate

    According to a local news outlet, the International Monetary Fund (IMF) has stipulated that Pakistan’s Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on crypto investments and real estate as part of the conditions for receiving a $3 billion bailout package.

    China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors

    China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY.

    Russian Crypto Mining Industry Could Be Set for $4Bn Boost

    The Russian crypto mining industry could be set for a $4 billion boost, representatives claimed at a media event in Irkutsk, Siberia.

    What Causes the Kimchi Premium? South Korean Experts Explain

    Kimchi premium crypto price discrepancy is driven by a lack of South Korean corporate investment in Bitcoin (BTC), say South Korean experts.

    Web3 Community Celebrates Women’s History Month in The Metaverse and Beyond

    March has seen several web3 initiatives to recognize and spotlight women’s achievements in celebration of Women’s History Month. This annual observance, established in 1987, emphasizes the profound contributions women have made to society.

    Crypto Investor Binance Splits from Venture Capital Arm

    Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective on March 15 under Binance’s newly appointed Chief Executive Officer, Richard Teng, who assumed the role four months ago.

    Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks

    Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs, in a March 11 letter addressed to Gensler.