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Celsius’ Chief Revenue Officer Launched a Business With a Convicted Money Launderer: Report

Cohen-Pavon, a former attorney who joined London-based Celsius in September 2020, set up NNY Capital Ltd. on May 5, 2021 with Oved, who later transferred his shares to his wife, Liat Kurtz-Oved, the owner of an Israeli call center that ran the binary options website PlusOption.com, the online newspaper reported. Source

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Germany’s Savings Banks Could Introduce Crypto Trading Next Year: Report

Germany’s savings banks are working together to potentially start offering crypto trading to customers directly from their accounts in 2022.The network of some 400 savings banks across Germany will vote on whether to proceed with the project early next year, German business publication Capital reported Monday.If approved, the banks would

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Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report

Brazil’s only stock exchange, B3, plans to enter the crypto market in 2022, InfoMoney reported, citing a Dec. 10 presentation from B3 President Gilson Finkelsztain.B3 is exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments, InfoMoney reported.The San Pablo-based stock exchange is also considering services to

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SK Square to Demand Metaverse Presence for Portfolio Companies: Report

SK Telecom is owned by SK Group, one of South Korea’s largest companies. The metaverse requirement stands in contrast to the traditional investments made by the country’s conglomerates, which tend to be focus on industries such as pharmaceuticals, logistics and manufacturing rather than the intangible, digital world. Source

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South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report

Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks.According to a Friday report from Bloomberg, Kamlana said the financial regulator planned to present a regulatory framework early in 2022 intended

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