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Hong Kong warns against crypto firms misrepresenting as ‘bank’

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Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong. 

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Coin Market

North Korea arrests bank hacking ring tied to crypto laundering: Report

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Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.

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Coin Market

Fidelity joins push for Senate passage of CLARITY Act

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Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.

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Coin Market

Dango’s perp DEX taps out nearly 4 months after launch

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Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns.

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