Bobby Lee, the CEO of Ballet and a maximalist of Bitcoin (BTC), talked about the implications of the ongoing crackdown of China on cryptocurrency. Although the government is supporting the digital renminbi, Lee proposes that Beijing is not interested in expanding the crypto industry. Lee, based on his collaboration with the government of China in…
Sout Korea has required that foreign cryptocurrency trading platforms register by September 24. South Korea is tightening down on foreign cryptocurrency trading platforms. The FSC (South Korea) has advised 27 firms to discontinue servicing Korean people if they do not disclose or meet license requirements. South Korea Toughens Foreign Cryptocurrency Trade Regulations Sout Korea is…
Global Financial Titans Visa and Mastercard said they are keeping an eye on regulatory compliance developments of Binance. More regulatory authorities initiate monitoring the major crypto exchange for conducting operations without authorization in their countries. Despite the increasing regulatory investigation, Visa and Master have not cut off their ties with the major crypto exchange. Both…
Crypto compliance regulatory issues of Binance with the regulators are getting tougher than expected by the world’s leading crypto trading platform. While several regulators at a worldwide level have raised eyebrows against non-compliance of their respective regulations by Binance, now electronic payment giants of the likes of Visa Inc. as well as Mastercard are keeping…