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Zodia Custody secures TCSP license for digital asset custody in Hong Kong

Zodia Custody secures TCSP license for digital asset custody in Hong Kong

Zodia Custody (HK) is licensed as a Trust or Company Service Provider (TCSP) in Hong Kong. This license, backed by Standard Chartered, marks a significant moment for the organization, the first provider of digital asset custody solutions. Upon acquisition...

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Taiwan acknowledged Binance for cooperating with domestic law agencies

Taiwan acknowledged Binance for cooperating with domestic law agencies

The Taiwanese government has acknowledged the cooperation that Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in virtual asset fraud cases, allowing authorities to access...

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Nigeria has proposed a regulation requiring foreign crypto exchanges to incorporate in the country

Nigeria has proposed a regulation requiring foreign crypto exchanges to incorporate in the country

The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to incorporate and maintain an office in Nigeria. The regulator has proposed a five-fold increase in registration fees, which must be submitted along with license applications...

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US senators urge SEC to halt crypto ETP approval over disclosure concerns

US senators urge SEC to halt crypto ETP approval over disclosure concerns

The Securities and Exchange Commission (SEC) is under pressure from Congress to stop approving new cryptocurrency exchange-traded products (ETPs) due to concerns about the risks they pose to retail investors. According to a letter to regulators dated March 11,...

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