In a significant move to enhance financial market integrity and protect investors, Taiwan’s Financial Supervisory Commission (FSC) has unveiled regulations that allow only professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs) through local brokerage channels. This policy marks Taiwan’s proactive stance in addressing the complexities and inherent risks associated with digital assets, particularly
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Gala Games is at the forefront of integrating blockchain technology with gaming through its unique platform. The latest development is the introduction of Telegram games where players can earn while engaging with a variety of interactive mini-apps. Central to this economy is the cryptocurrency known as $TREZ, designed to reward players based on their participation.
In a recent crackdown on data privacy violations, South Korea’s Personal Information Protection Commission (PIPC) has levied a hefty fine of KRW 1.14 billion ($861,408) against Worldcoin and its affiliate Tools for Humanity (TFH). The enforcement action, detailed in a press release on September 25, is pivotal in the ongoing dialogue around the responsibilities that
As the cryptocurrency market experiences fluctuations and seasonal trends, one coin that is emerging prominently is Cardano (ADA). With a significant uptick of over 14% in its value in just one week, the momentum suggests an interesting phase for ADA holders and investors. A recent analysis by a crypto expert has indicated that ADA is
Caroline Ellison, once the prominent CEO of Alameda Research, has recently been sentenced to two years in prison, alongside an order to forfeit a staggering $11 billion. This ruling, handed down on September 24, symbolizes a significant moment in the ongoing legal saga surrounding the collapse of FTX, the cryptocurrency exchange that once held a
Dubai’s Virtual Assets Regulatory Authority (VARA) has recently unveiled a new set of marketing guidelines aimed at enhancing investor protection in the rapidly evolving virtual asset space. This set of rules is particularly timely as the digital currency landscape continues to attract a diverse array of investors, many of whom may not fully understand the
In a shocking revelation, the Indian Enforcement Directorate (ED), with crucial assistance from Binance, the globe’s leading cryptocurrency exchange, recently dismantled what was purportedly a legitimate online gaming platform. Fiewin, which claimed to offer users an opportunity to earn money through a variety of mini-games, was exposed as a sophisticated scam that defrauded participants out
In the ever-evolving world of cryptocurrencies, user engagement serves as a crucial indicator of a network’s vitality and potential growth. One of the most telling metrics for this engagement is the number of daily active addresses on various blockchain platforms. Market intelligence platform IntoTheBlock has provided insightful data that contrasts diverse cryptocurrencies such as Bitcoin
Opeyemi’s story offers a glimpse into the enthralling realm of cryptocurrency, where enthusiasm meets expertise. Initially, the world of digital assets wasn’t on Opeyemi’s radar. However, over the past two years, his engagement has evolved from mere curiosity to a passionate pursuit of knowledge. His writing journey in this arena reflects not only his commitment
The crypto landscape is witnessing a significant transformation as American investors increasingly gravitate toward spot Bitcoin and Ethereum exchange-traded funds (ETFs). The past trading week was particularly eventful, with spot Bitcoin ETFs attracting an impressive $1.1 billion in inflows, marking a notable shift in investor sentiment. This growing demand, bolstered by a favorable economic environment
