Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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Users affected by Zipmex’s withdrawal freeze were requested to provide feedback to Thailand's SEC, as Zipmex faces a liquidity crisis from exposure to Celsius and Babel Finance.
China is doubling efforts to increase digital yuan adoption and usage by creating tailor-made products for the currency.
The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage.
Zhu and Davies of Three Arrows Capital recount the story behind the hedge funds rise and fall, as they prepare to relocate to Dubai.
Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
Government officials tied their decision to postpone the crypto tax to the stagnant market condition and the lack of an investor protection system.
In a now deleted stated, Zipmex said its exposure to Babel Finance was $48 million while that to Celsius Network was $5 million.
The JVCEA has got warnings from the Financial Services Agency for delaying the introduction of anti-money laundering rules.
Recent market turmoils and the resulting financial problems of key business partners led Zipmex to halt withdrawals, the firm said.
