Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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security news
- America Federal Bureau of Investigation ,FBI) issued a warning about scam crypto job ads posted primarily on social media and employment sites Asia, “The FBI warns US citizens and individuals who travel or live abroad about the risk of false job advertisements involving labor trafficking in scam complexes based in Southeast Asia where victims are held against their will , intimidated, and coerced into international cryptocurrency investment fraud schemes. Said Warning.
exchange news
- binance An alleged online “pig butcher” has been dismissed from a lawsuit related to crypto scam tinder, On May 22, a US District Judge Government That there was no evidence that Binance Holdings Ltd. assisted in a heist that involved a Texas woman who was allegedly duped out of $8 million by a man she met on a popular dating site.
- bitgate announced its registration as a Virtual Asset Service Provider (VASP) in poland, “This important milestone represents an essential step for BitGate to expand its presence in the European Union (European Union) field, “this Said in a press release. The exchange said the platform’s compliance team has grown by more than 50% in the past 12 months.
- bitgate Free Its Quarterly Transparency Report, for the first quarter of 2023, reports that: Website and mobile traffic grew 35% quarter-on-quarter to 33.1 million views; With 8% QoQ growth for spot trading and 27% QoQ growth for futures trading, the total volumes of the Bitgate spot and futures markets reached $59 billion and $658 billion, respectively; And the BGB token price reached an all-time high and BGB holders registered a 120% gain with an increase of 146%.
- okx Applied for Digital Asset Service Provider License in France “Under the stringent requirements set by Autorité des Marchés Financiers (amf) and Autorité de Control Prudential et de Resolution (ACPR), ” Said Press release. This also Allegedly There are plans to hire approximately 100 full-time employees over the next three years.
wallet news
- Ledger CEO Pascal Gauthier argued that governments (as did former CEO Eric Larchevick) curtail access to user funds on devices that subscribe to the new recovery service. suggested) is not likely to happen. however, he Said What Bitcoin Did podcast that “really the only concern is if we get a subpoena by the government to say, now this user in particular, we want you to retrieve the three shards etc.” It is still unlikely to happen, he argued.
regulation news
- Securities and Futures Commission (SFC) in hong kong announced that it will soon allow licensed platforms to serve retail investors. “Operators of virtual asset trading platforms prepared to comply with the SFC’s standards are welcome to apply for licences. Those who do not plan to do so are required to systematically wind up their business in Hong Kong.” Must move forward. Said, The SFC said it would implement “a number of robust measures” to ensure protection for retail investors.
- international organization of securities commissions (IOSCO) started it policy recommendations to the crypto and digital asset markets for public comment. Consultation responses can be submitted by 31 July. The recommendations cover a range of issues related to crypto, including the protection of client assets, market abuse, conflicts of interest, disclosure and potential risks. Hayden Jones, Global Lead of Blockchain and Crypto Solutions crawlcommented that “the recommendations published today by IOSCO are an important push for jurisdictions around the world to regulate crypto assets. We already know that cryptocurrencies can become highly regulated. Linked to several major cryptocurrencies Most of the data is in publicly accessible digital ledgers, which means that FCA, or any other regulator around the world should be able to check the regulatory compliance of transactions or holdings at any time. Establishing the framework to do this is an important step in protecting against criminal activity, but also in allowing everyone to benefit from the underlying technology that cryptocurrencies rely on.