Komainu targets Singapore custodian Propine for first acquisition
The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.
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South Korea to block non-compliant crypto exchanges
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the

As Libra Battles Critics, Zuckerberg Aims to Win Over US Policymakers
Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content.As noted in Bloomberg’s Sept. 19 report, the meetings come after a summer of intense scrutiny of Facebook’s proposed Libra stablecoin project from United States lawmakers and regulators.A social media titan…

Justin Sun: Tron’s Listing on Major US Exchange Is #1 Priority
Tron (TRX) founder Justin Sun has said that getting the cryptocurrency listed on the American version of Binance or Coinbase is his company’s number one priority.The entrepreneur was responding to tweets from Tron enthusiasts on Aug. 9, with some claiming that investors were concerned that United States citizens will be unable to trade TRX on…

Dave Portnoy shrugs off $700K stock loss, weeks after crying over $25k Bitcoin dump
Davey Day Trader is down almost $1 million in stocks today. Dave Portnoy, Barstool Sports' founder, admitted he lost $700,000 trading stocks on Sept. 8, expressing the importance of "strong hands.""To steal a line from my crypto friends — you can't have weak hands," Portnoy said in a Sept. 8 Twitter video. "If you have…

Standard Chartered Joins IBM and Maersk’s Blockchain Shipping Platform
Standard Chartered has become the first bank to join TradeLens, the global blockchain shipping platform created by IBM and Danish logistics giant Maersk.The London-headquartered bank announced its decision on March 10, with global head of trade, Michael Spiegel, stating that digital ecosystems like TradeLens have the potential to promote the sustainability agenda of many stakeholders…

Exploring the power of Web3 for better lifestyles: Insights from VeChain and Puffpaw
On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes.

‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics
CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju

SBI Holdings to set up blockchain-based digital stock exchange in Osaka
Ripple’s Japanese partner wants to lead financial innovation in the country. SBI Holdings, Japanese financial giant and a major blockchain-focused institution, is reportedly planning to set up a blockchain-based digital stock exchange.Yoshitaka Kitao, president and CEO at SBI Holdings, announced the company’s plans to collaborate with Osaka Prefecture to establish a new global financial hub.The…