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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exchange news
- Gemini said it chose the republic Ireland as its new European the headquarters. Cameron Winklevoss, Chairman of the Exchange, commented on a meeting between the Winklevoss brothers, Irish Prime Minister Leo Varadkar and representatives of industrial development agency (IDA), the entity in charge of foreign investment in Ireland. “Great meeting this morning,” he Said, “We talked about the profound promise of crypto and the importance of common sense regulation for realizing that promise.”
- bitgate announced a partnership with copper, a digital asset custody provider, to offer an off-exchange settlement solution. This enables institutional clients to trade and settle across exchanges in near real time while reducing counterparty risk and increasing capital efficiency. Said Press release. BitGate will become the sixth exchange to join this year clear loop network, which enables institutional users of both companies to hold assets within Copper’s infrastructure, as well as delegate those assets to trade on BitGate.
legal news
- A former executive of a South Korean crypto exchange coinonwho was accused of taking kickbacks in lieu of listing some coins, has accepted the charges, According To Yonhap. Former director of listings “Mr. Jeon” was accused of receiving approximately ₩2 billion ($1.51 million) in exchange for listing the coins and has since been linked to a kidnapping and murder investigation in Seoul. Zion’s broker, “Mr Ko”, is accused of facilitating the listing. A lawyer for the duo said: “Basically, we are accepting the facts of the prosecution, but since we have not been able to see all the evidence, we will offer a final opinion after review.”
- US crypto miner coin mint alleged that bitcoin (btc) technology firm Catena Computing and semiconductor designer company dx core set up an “elaborate deception” to lure miners into a $150 million buyout agreement, in a lawsuit seeking more than $23 million in damages, CoinDesk informed ofCiting a lawsuit filed in California on Jan. 26.
metaverse news
- Sugar zhengzhou city Free draft a policy for metaverse Industry development, including proposals to support metaverse companies in the field. The municipal government will set up a dedicated fund worth $1.42 billion to spur development in the industry, while metaverse companies that choose to relocate their headquarters to Zhengzhou will have the opportunity to receive startup capital investments of up to $28.34 million. The draft states that the companies will also be eligible for other benefits including rent subsidy.
regulation news
- DubaiGlobal watchdogs need to interact with each other to avoid “bad actors” exploiting gaps in crypto regulations, Bloomberg says U.S. financial regulator informed of, dubai financial services authority Associate director Elizabeth Wallace said there are plans to update regulations on crypto tokens. “A lot of crypto businesses operate significant activities within one umbrella and that really concerns us. They are all over the world and as regulators, we need to talk to each other a lot more in this area because There may be a lot of gaps, and we’ve seen a lot of bad actors try to fill some of those gaps,” Wallace said.
adoption news
- hong kong is the most crypto-ready jurisdiction in the world, found A forexsuggest.com study. It ranks in the top three of three categories looked at, including the number of blockchain startups per 100,00 people and the number of crypto ATMs in proportion to the population. “Thanks to its small land area, the city-state has the smallest area per crypto ATM. Hong Kong also does not tax capital gains on crypto, making it attractive to investors,” it said. America And Switzerland Got second and third place respectively.
