According to local news outlet Foresight News, Web3 companies based in Hong Kong are reportedly investing between HK$20 million to HK$200 million (US$2.55 million to US$25.5 million) to obtain virtual asset service provider (VASP) licenses.
Teneo, the liquidator handling the bankruptcy of hedge fund Three Arrows Capital (3AC), is reportedly aiming to recover approximately $1.3 billion from the fund's founders, Su Zhu and Kyle Davis.
Japan's Financial Services Authority (FSA) and the Monetary Authority of Singapore (MAS) have announced a partnership for joint supervision and pilot testing of cryptocurrency projects as part of MAS's "Project Guardian" initiative.
EDX, a recently launched cryptocurrency exchange with backing from established financial giants like Citadel Securities, Fidelity Digital Assets, and Charles Schwab, is reportedly making preparations to switch its custody provider.
Game publisher Mythical Games has secured $37 million in Series C1 funding, allowing it to maintain its unicorn status with a valuation exceeding $1 billion.
EU lawmakers have reached an agreement to proceed with the European Data Bill, a controversial piece of legislation that has faced criticism from the cryptocurrency community.
Tether, the stablecoin issuer, has entered into a memory of understanding (MoU) with the government of Georgia to collaborate on the development of bitcoin and peer-to-peer (P2P) infrastructure in the state.
The European Commission has announced its plans to propose legislation for the introduction of a digital euro, with the aim of establishing it as a widely accepted and user-friendly payment method.
ARK Investment Management has revised its spot Bitcoin exchange-traded fund (ETF) filing with the US Securities and Exchange Commission (SEC), following a similar move by BlackRock.
Israel's National Agency for Countering the Financing of Terrorism has announced the seizure of millions of dollars in crypto wallets that were intended to finance terrorism.
Fidelity Investments, an asset manager, has submitted an application for a spot bitcoin exchange-traded fund (ETF), as stated in a filing by Cboe BZX Exchange with the US Securities and Exchange Commission (SEC) on June 19.
Speaking at the Collision 2023 conference in Toronto, Skybridge Capital founder and Former White House communications director, Anthony Scaramucci, criticized cryptocurrency executive Sam Bankman-Fried for causing regulatory challenges
The Financial Services and Markets Bill, which aims to bring cryptocurrencies under the same regulations as traditional assets in the UK, is entering the final stages of royal assent.
Coinbase, the US-based cryptocurrency exchange, has filed a motion to dismiss the Securities and Exchange Commission's (SEC) complaint in their ongoing legal battle.
The National Council of the Slovak Republic, the country's parliament, has approved a measure to lower taxes on cryptocurrencies, among other changes affecting cryptocurrency holders.
The CEO of DeepMind, Google's artificial intelligence (AI) subsidiary, has claimed that their upcoming AI system, Gemini, will surpass OpenAI's ChatGPT in terms of power.
Reports indicate that Germany's Federal Financial Supervisory Authority (BaFin) has rejected Binance's application for a cryptocurrency custody license.
The Australian Department of Finance has expressed concerns about the increasing trend of Australian banks severing ties with cryptocurrency companies, stating that it could lead to a reduction in industry transparency.
US officials are considering implementing stricter export controls to limit the supply of artificial intelligence (AI) chips to China. Sources close to the officials have indicated that these regulations would involve restricting the computing power of exported chips.
