The Philippines’ central bank has proposed freezing new payment-system operator registrations for 12 months while imposing tighter controls on payment arrangements involving …
Operator
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Markets
Philippines Central Bank Weighs Freeze On New Payment Operator Licenses
by shayaanby shayaanBangko Sentral ng Pilipinas is weighing a temporary moratorium on new Operator of Payment Systems licenses as part of a wider push …
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Markets
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
by shayaanby shayaanFollowing a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea’s …
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Scams
Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading
by shayaanby shayaanIn brief The CFTC fined former White House teleprompter operator Gabriel Perez $172,000 to settle charges he misappropriated advance knowledge of presidential …
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Regulation
Trump Teleprompter Operator Faces Trading Ban After Alleged $100K Kalshi Windfall: Report
by shayaanby shayaanGabriel Perez, a technical assistant who operates Trump’s teleprompter, is reportedly in settlement talks with the Commodity Futures Trading Commission over allegations …
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Regulation
South Korea to Grant Upbit Operator Dunamu Access to Government Administrative Data
by shayaanby shayaanThe South Korean government is moving forward with a plan to grant Dunamu, the operator of the country’s largest cryptocurrency exchange Upbit, …
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Finance
Hanwha Investment to Acquire Additional $440 Million Stake in Upbit Operator Dunamu
by shayaanby shayaanHanwha Investment & Securities, a major South Korean financial services firm, has announced plans to acquire an additional stake in Dunamu, the …
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The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities. www.coindesk.com
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Scams
Australian Police Seize Millions in Bitcoin From Alleged Darknet Marketplace Operator
by shayaanby shayaanIn brief New South Wales Police seized 52.3 Bitcoin worth about $4.2 million USD during raids in Ingleburn on May 4. A …
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Regulation
South Korean Court Rules Orbit Bridge Operator Liable for $80.5 Million Hack
by shayaanby shayaanA South Korean court has ruled that Ozys, the operator of the cross-chain bridge service Orbit Bridge, is liable for damages to …