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Crypto Fraudsters Arrested In Hong Kong, Over A Billion Dollars In Assets Frozen
Tuesday, September 19, 2023 - 10:29am | 593Hong Kong authorities detained eight individuals in connection with the cryptocurrency platform JPEX on charges of conspiracy to defraud. The police disclosed that they had been inundated with 1,641 complaints regarding JPEX, with users alleging their inability to access their funds on the platform...
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Dubai's Crypto Licencing Race Heats Up As Nomura's Laser Digital Gets Green Light
Tuesday, August 1, 2023 - 9:37am | 329Financial behemoth Nomura's (NYSE: NMR) digital asset subsidiary, Laser Digital, has secured an operating license from Dubai's Virtual Asset Regulatory Authority (VARA). This marks the culmination of the licensing process, according to a company announcement on Tuesday. With its base in the...
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Hong Kong-Based Hashkey's Billion-Dollar Dream: The Next Big Bang In Crypto
Friday, May 19, 2023 - 8:51am | 491Crypto-focused Hashkey Group is reportedly in the preliminary stage of discussions to gather a funding round that could elevate its valuation above $1 billion. This move comes as the Hong Kong-based company aims to capitalize on the city's drive towards digital asset development. Quoting...
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License Lockdown: Dubai's Crypto Clampdown Leaves Binance Sweating
Wednesday, April 5, 2023 - 4:25pm | 434Dubai is intensifying its examination of cryptocurrency license applicants, such as Binance (CRYPTO: BNB), in light of last year's FTX (CRYPTO: FTT) bankruptcy, demanding more details from companies seeking permits, according to a report. Dubai's Virtual Assets Regulatory Authority (...