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Taiwan Mobile Open to Potential Alliance with Local Crypto Firms

Taiwan Mobile’s decision demonstrates the growing interest of conventional sectors in capitalizing on the possibilities of cryptocurrencies and blockchain technology. Taiwan Mobile Co Ltd (TPE: 3045), one of Taiwan’s prominent telecommunications companies, has expressed its openness to potential alliance opportunities with Taiwanese firms specializing in crypto. As reported by Bloomberg, the company

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Nigerian Securities Regulator Says Binance Nigeria Operates Illegal Crypto Exchange and Should Immediately Cease Soliciting Local Investors

Binance operates an independent entity dubbed Binance Nigeria Limited similar to the United States entity that was also deemed illegal earlier last week. Cryptocurrency exchanges around the world have found themselves at loggerheads with several global regulators for offering digital assets without proper registrations. In the latest developments, both the Nigerian

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Nanjing unveils metaverse platform for local web3 development

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nanjing City in China has introduced the China Blockchain Technology and Application Innovation Platform with the aim of establishing the China metaverse technology and application innovation platform. The foundation for metaverse research and development Led by Nanjing University

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Huobi Ordered to Cease Operations in Malaysia after Failure to Comply with Local Regulations

The Malaysian SC has urged the local investors to immediately cease trading via Huobi Global, withdraw their investments, and close their accounts. A leading centralized crypto firm Huobi Global Limited and its Chief Executive Officer Leon Li have been accused of operating a digital asset exchange in Malaysia without registration. As

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Coinbase Unveils Global Advisory Council to Help Navigate Local and International Regulatory Landscape

The Coinbase Global Advisory Council will work together with top executives among other regulatory council members for the same common goal. Coinbase Global Inc (NASDAQ: COIN), a leading cryptocurrency exchange that is publicly traded in the United States, has increased its international interest amid regulatory scrutiny in the country. The exchange

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10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies – Economics Bitcoin News

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce

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Binance pulls out of Canada, cites incompatibility with local market conditions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On Friday, May 12, Binance announced its departure from the Canadian markets. Posting on Twitter, the world’s largest exchange by client count, attributed its decision to Canada’s new stablecoin guidance and investor limits for crypto exchanges. A

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Russia becomes second-largest Bitcoin mining hub after US, claims local miner

Russia has now reportedly become the second-largest country in the world in terms of Bitcoin (BTC) and cryptocurrency mining, with the United States maintaining its position as the leader. Nevertheless, the lack of clear regulations regarding cryptocurrencies in the United States may lead to a potential market distribution shift.According to

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