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Hong Kong Considers Strengthening Crypto Regulatory Oversight Following Hounax and JPEX Fallout

Recent scams in the Hong Kong crypto scene has prompted calls for tighter regulation and increased regulatory powers to tackle crypto fraud. Hong Kong is contemplating tightening regulatory measures to tackle crypto scams, as Chief Executive John Lee Ka-chiu announced a review of legislation following an alleged fraud of HK$148 million ($19

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Biden considers tightening AI chip controls to China via third parties

The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties.According to a report from Reuters on Oct. 13, people close to the matter have said that the Biden administration is targeting a

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Justin Sun considers ‘an offer’ for FTX’s crypto assets to prevent potential market crash

Tron founder and Huobi shareholder Justin Sun is considering buying FTX’s assets amid potential asset liquidation by the bankrupt crypto exchange. Tweeting on Monday, Sept. 11, Just Sun said that he is “contemplating an offer for FTX’s holding tokens and assets to reduce their selling impact on the crypto community.” Sun’s tweet

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India considers regulating crypto with IMF-FSB guidelines

India is set to make a decisive move on cryptocurrency regulations following recent global discussions, leaning away from an outright ban. The nation plans to align its crypto regulations with recommendations of the International Monetary Fund (IMF) and Financial Stability Board (FSB). India rethinks ban India has consistently advocated for a unified

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Top Binance execs in Russia leave as firm considers exiting the market

Gleb Kostarev, Binance's head of Eastern Europe and Russia, took to Facebook on Sept. 6 to announce its departure from Binance.In his Russian-language announcement, Kostarev said that today marks the last day of his long-running work at Binance, adding:“I am stepping down as VP responsible for Eastern Europe, CIS, Turkey

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