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Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets

Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages to the monetary system. However, he claimed there is a…

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Korean Fintech Giant Dunamu to Create 10,000 Web3 Jobs and Invest $380 Million (Report)

Dunamu – the company behind South Korea’s leading crypto exchange Upbit – plans to invest 500 billion won ($380 million) in the next five years and create approximately 10,000 new…

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Bank of Indonesia: Crypto Could Strengthen the Global Financial System but There’s a Catch

Doni Primanto Joewono – Governor of the Bank of Indonesia – argued that cryptocurrencies could provide financial inclusion and benefit the global monetary network. However, the sector will be much…

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Zhu Su Breaks the Silence: Three Arrows Capital to Seek Appropriate Sanctions Over Disappointing Court Filings

After a brief hiatus across social media channels, 3AC co-founder Zhu Su tweeted that their “good faith” to cooperate with liquidators of the hedge fund was “met with baiting.” He…

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