South Korea Launches New Cryptocurrency Monitoring System and Regulations

On July 4th, the Financial Supervisory Service (FSS) of South Korea unveiled a new “continuous monitoring system” designed to diligently oversee and detect suspicious cryptocurrency transactions taking place on exchanges. This system is a collaborative effort between the FSS and South Korean digital asset exchanges and is designed to provide ongoing surveillance of abnormal transactions….

Coins, wallets & tokens

Insights: Toncoin (TON) Approved for Trading in Kazakhstan

The Financial Services and Regulatory Committee (AFSA) of Kazakhstan has given its approval for the trading of Toncoin (TON) on regulated exchanges. This decision comes after an audit that confirmed the digital asset’s compliance with the financial regulator’s listing criteria. Toncoin has been added to the list of 107 cryptocurrencies approved by the government of…

Coins, wallets & tokens

MiCA Stablecoin Rules: Support from Nigeria’s Crypto Community

Members of Nigeria’s cryptocurrency community have expressed their strong support for Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules, viewing it as a significant step forward. They emphasize the importance of jurisdictions safeguarding their interests in relation to cryptocurrency projects in order to protect their local currencies. Obinna Uzoije, a data and policy analyst from…

Coins, wallets & tokens

TON Ecosystem Fund: Boosting Growth with $20M Backing from Bitget

The Open Network (TON) represents a highly intricate and advanced blockchain and cryptocurrency ecosystem that operates in close connection with the widely used messaging platform, Telegram. The TON ecosystem is poised to undergo a significant transformation with the forthcoming launch of a new fund. This fund is receiving strong backing from the Bitget cryptocurrency exchange,…

Global blockchains

Bitcoin’s Decentralized Nature Stands Out Among Cryptocurrencies, Says Tether CEO

During an interview with Cointelegraph at the Bitcoin-only conference, BTC Prague, Tether CEO Paolo Ardoino highlighted the unique nature of Bitcoin among the vast array of cryptocurrencies. Ardoino emphasized the distinctive decentralized nature of Bitcoin that distinguishes it from over 14,000 other cryptocurrencies, making it the only currency that operates without central control. “Bitcoin stands…