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Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients

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Increasing familiarity with virtual assets clients will make Anti-Money Laundering measures easier with time, and the firms should be treated reasonably, the HKMA says.

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Coin Market

Bitfinex hacker sentenced to 5 years in prison

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US authorities arrested Ilya Lichtenstein and his wife, Heather Morgan, in 2022 for laundering Bitcoin connected to the Bitfinex exchange.

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Trump mulls tapping crypto-friendly CFTC chair: Report

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Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

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China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko

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Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.

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