Regulation
EU and UK Regulators Seek Feedback on Digital Assets

The European Union and the United Kingdom are looking for input on how to regulate the growing world of digital assets. This follows the recent implementation of the Markets in Crypto Asset Regulation (MiCAR) in the EU. EBA Seeks More Data The European Banking Authority (EBA) wants to make ...

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Crypto Billionaire Arrested in Nigeria

The Nigerian Police Force (NPF) has arrested crypto billionaire Linus Williams, also known as Blord, in Abuja. The arrest follows allegations of fraud against his companies, Blord Group, Blord Real Estate Limited, Blord JetPaye Limited, and BillPoint Technology. The Force Public Relations ...

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FTX Settles with CFTC for $12.7 Billion

FTX has reached a settlement with the US Commodity Futures Trading Commission (CFTC) for a whopping $12.7 billion. This comes after months of negotiations and legal battles. The agreement, which is subject to court approval, includes $4 billion in disgorgement fees and $8.7 billion in restitution ...

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South Korea Cracks Down on Crypto Crime

South Korea is taking a serious stance against crypto crime, with new regulations and harsher penalties coming into effect. The **Virtual Asset Users Protection Act** aims to increase transparency and accountability in the crypto market. It requires virtual asset exchanges to report illegal ...

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Cryptocurrency and Hong Kong: A Complex Relationship

Hong Kong stands at a crossroads with the proposed Land (Compulsory Sale for Redevelopment) (Amendment) Bill 2023. This bill aims to expedite the redevelopment of older districts, but many fear it will harm small property owners. As a proponent of redeveloping Hong Kong's old neighborhoods, I ...

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