The FinTech Festival Asia (FTF) 2023 is set to be an extraordinary event that will highlight the ever-evolving industry of FinTech and showcase groundbreaking innovations that will shape the financial landscape of tomorrow. This highly anticipated event will take place on September 27th and 28th at the prestigious Royal Paragon Hall in Bangkok, Thailand. The
The once-prominent cryptocurrency exchange, Binance.US, has experienced a significant decline in its weekly trade volume, dropping from nearly $5 billion to a mere $40 million, according to crypto data firm Kaiko. This precipitous decrease can be attributed in part to the legal troubles faced by the exchange, particularly the charges filed against it by the
The crypto market has experienced a significant decline in exchange-traded products (ETPs) over the past nine weeks, as reported by asset manager CoinShares. This downward trend reflects negative sentiment towards cryptocurrencies, impacting both Bitcoin (BTC) and Ethereum (ETH) funds. ETPs are designed to track crypto prices and serve as an accessible investment avenue for traditional
The New York State Department of Financial Services (NYDFS) has introduced a set of stringent requirements for virtual currency businesses operating in the state. These new regulations, announced on September 18, primarily focus on delistings of cryptocurrencies. Superintendent Adrienne Harris highlighted the need for such measures, stating that the NYDFS wants to provide entities with
Canadian fintech corporation, WonderFi, backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. This partnership aims to strengthen Localcoin’s crypto ATM offerings throughout Canada by leveraging Bitbuy’s exchange platform and its deep liquidity. WonderFi’s press release highlights that Bitbuy, the first cryptocurrency exchange to receive full
The recent lawsuit launched by the Securities and Exchange Commission (SEC) against Binance.US, the US entity of the leading cryptocurrency exchange Binance, has sent shockwaves through the crypto industry. Similar to the well-known Ripple case, the legal proceedings are becoming increasingly complex and uncertain. One of the latest issues stemming from the courtroom is a
The operating room at Shwe La Min Hospital witnessed a groundbreaking event last week – a convergence of professionals to explore the vast possibilities of global healthcare collaboration through technology. Spearheaded by Veyond Metaverse, the Veyond Connect platform served as the catalyst for this experiment, connecting surgeons from Yangon to Paris. However, this was not
Bitcoin, the flagship cryptocurrency, was designed with the intention of disrupting the conventional financial system. Recently, renowned Clinical Psychologist Jordan Peterson made an interesting suggestion that customers should consider abandoning traditional banks and embracing Bitcoin. Peterson’s statement was prompted by a news report stating that Macquarie Bank, one of Australia’s largest banks, plans to transition
Hong Kong police officers have taken influential crypto personality Joseph Lam Chok into custody for his involvement in promoting the JPEX crypto platform, as reported by the South China Morning Post on September 18th. The authorities interrogated Lam Chok and conducted a raid at his company’s location in the Entertainment building in Central. JPEX is
Today, all eyes are on the hearing between the United States Securities and Exchange Commission (SEC) and Binance, which holds significant implications for the cryptocurrency exchange. The SEC has accused Binance of failing to provide adequate documentation for the case, despite a prior agreement for expedited discovery. BAM, the organization responsible for Binance’s US branch,
