External news feeds 1707/1841

South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools

South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the…

Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight

Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology…

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian…

Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023

The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days…

Okcoin And Paradigm Announce New Grant Awarded To Bitcoin Core Maintainer Marco Falke

The new grant, in partnership with Paradigm, will bring Okcoin’s support of Bitcoin Core development to $1.5 million.Cryptocurrency exchange Okcoin, alongside partner investment firm Paradigm, has announced a new set of funding for Bitcoin Core…