After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim Byung-kun, who is now mandated to return proceeds from BXA sales.
GoTo expands its business activities with its entry into the digital assets market, procuring a local exchange platform for $8.4 million, a move that’s expected to contribute to Indonesia's GDP.
The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would work similar to liquidity pools on DeFi protocols.
The Travel Rule has focused on banks, but a recent amendment has broadened it to include VASPs, and as Centbee revealed, it preempted the rule months ago.
A lengthy prison term and a hefty fine await individuals affiliated with and promoting Peak Finance, an unlicensed platform that piqued the interest of many due to a promise of mouthwatering returns.