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First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud

Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85…

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Ukrainian Police Bust International Crypto Fraud Ring, 14 Arrested

Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine…

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Thailand’s SEC Approves Bitcoin ETF Fund for Wealthy Investors

The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund,…

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Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges

Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking…

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Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens

The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a…

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Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations

Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European…

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Okx Launches Crypto Exchange and Wallet in the Netherlands

Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies,…

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