Category: Blockchain

Thailand’s SEC Moves to Revoke Huobi’s License

Thailand’s Securities and Exchange Commission (SEC) has asked Huobi to halt its service operations in the country, citing the trading platform’s failure to implement the necessary requirements as defined by the country’s securities laws. As announced by the market regulator, investigations have revealed that Huobi was not fit to operate its business in Thailand based

Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge

Vietnam is currently witnessing increasing cryptocurrency mining activities, a trend triggered by the current crypto rally that has left most crypto tokens surging the value. Bitcoin was breaking through above $52,000 for the first time since May during the intraday. According to VnExpress local news agency, crypto-related business people and enthusiasts in Vietnam have witnessed

Moody’s Getting into Crypto Space, Wants to Hire Cryptocurrency Analyst

Moody’s Investors Service Limited, one of the world’s largest credit-rating firms, is seeking to hire a cryptocurrency analyst, according to the recent job posting. As for the job ads, the major credit rating company based in New York placed a new opening on LinkedIn’s employment listings. The positing signals that Moody’s is taking a more

Kardashian’s Instagram Cryptocurrency Promotion Irks UK Financial Watchdogs

British financial watchdogs are wary of investors’ cryptocurrency investment risks introduced by well-known influencers like Kim Kardashian West. Kim Kardashian West posted an Ethereum-related network project-related story on her Instagram story with 228 million followers, as reported by Blockchain.News on June 16. In the story she posted, Kim Kardashian West shared a cryptocurrency called “Ethereum

Binance Exchange Floats Fixed Investment Function

Binance cryptocurrency exchange has launched a new service, dubbed the “fixed investment function,” a new addition to the company’s service suite that will help Binance users easily purchase a fixed amount of cryptocurrency within a set time interval. According to the exchange, the service is accessible through the Binance website, as well as the trading

El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins

Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar. President Nayib Bukele revealed on Twitter, saying the country “just bought 200 new coins, we now hold 400 Bitcoins” after the country implemented a new monetary policy.

Binance to Delist SGD Trading Pairs Amid Tightened Regulatory Scrutiny

Following Binance’s inclusion on the Investor Alert list by the Monetary Authority of Singapore (MAS), the exchange has now decided to stop all of its trading activities in the country. As highlighted in a Sunday blog post by the trading firm, trades involving the Singapore Dollar (SGD), payment options involving the country’s official tender will