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The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.
The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
The Finance Ministry plans to ease tax rules for investments in digital assets, a senior official said on Friday, following a surge in crytocurrency trading.
UOB Asset Management (UOBAM) is launching United Hero exchange-traded fund (UHERO), allowing investors to track and profit from the gaming industry's exponential growth.