Latest from Amitoj Singh
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
The U.S. maintained its fourth position from 2023, while Vietnam fell from third to fifth.
Singapore Investigating Seven People for Providing Worldcoin Services
On Aug. 7, Singapore's police warned the public against giving away or selling their Worldcoin accounts or tokens.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
More than 30 exchanges still have applications pending.
The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
India has more than 66,000 creators on the Metaverse platform compared with 59,989 creators in the U.S. and 25,335 in Brazil.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
Companies can now apply for a license to become token service providers.
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
WazirX co-founder Nischal Shetty said the numbers are as of today and the objective is to reduce the gap through various efforts.
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins
The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.
Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, legal, settlement finality and compliance, the report said.
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry– which is dominated by crypto ATMs – has processed at least $160 million in illicit trades, TRM Labs said.
