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Former FSA commissioner joins DeCurret as crypto advisor

The former commissioner of Japan’s Financial Services Agency (FSA) Toshihide Endo will join the ranks of DeCurret, a Tokyo-based crypto exchange starting April 1, 2021. According to the press release on DeCurret’s official website, Endo will serve as a special advisor. Endo is said to guide the company on management policies, as well as strategies […]

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Ethereum’s Vlad Zamfir files injunction against CasperLabs

Ethereum Foundation researcher Vlad Zamfir filed an injunction against CasperLabs on March 17 at the US district court for the Southern District of California. The complaint cites the violation of the US Trademark Act when the blockchain startup filed for a federal registration of its protocol without Zamfir’s knowledge. According to the court document, Zamfir

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Cryptocurrency starts to gain traction in the Philippines

In a statement released by the Philippine Digital Asset Exchange (PDAX), cryptocurrency is said to be well on its way to becoming mainstream in the Philippines. This comes after Filipino investors have taken more interest in digital assets amid the COVID-19 pandemic. Experts from PDAX, Bangko Sentral ng Pilipinas (BSP), European Chamber of Commerce of

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India considers blocking IP addresses of crypto exchanges

The government in India is considering blocking the IP addresses of crypto exchange sites to prevent the use of cryptocurrencies in the country. The desired result of this initiative aims to regulate and eventually stop the operations of popular crypto exchanges and discourage users from investing in digital assets. According to a report published by

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NFT investor Metakovan buys historic crypto art for US$69M

Mike Winklemann, a 3D visual artist who is also known as Beeple on social media, set a historic record by selling the most expensive digital collage in the world titled ‘Everydays: The First 5,000 Days’ at US$69 million last March 11. According to Christie’s auction house, the artwork was sold to Metakovan, a non-fungible tokens

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CTFC investigates Binance trading activity

United States Commodity Trading Futures Commission (CTFC) probes Binance Holdings Ltd regarding possible derivatives trades made by US-based customers. The world’s largest cryptocurrency exchange is under investigation after an anonymous source tipped off the possible trades. For the past few weeks, CTFC regulators are reportedly determining whether illegal cryptocurrency assets were bought and sold by

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Bank of Russia plans to launch digital Ruble in 2021

Russian deputy chairman Alexey Zabotkin recently announced that the Central Bank of the Russian Federation is planning to showcase a prototype for its ruble-backed digital currency later this year. In an online event hosted by the Russian Economic School, a Moscow-based private college, Zabotkin revealed that the prototype would be available for people to try

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IAMAI appeals for regulation amidst proposal of crypto ban

The Internet and Mobile Association of India (IAMAI) urged the government last Wednesday, March 10 to create a set of regulations instead of pushing through with the proposed cryptocurrency ban. IAMAI released a statement that the cryptocurrency community has over 10 million users which is why it’s important to set up regulations rather than enforce

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