Crypto News

Thailand’s Securities and Exchange Commission (SEC) has taken action against five unauthorized digital asset trading platforms: Bybit.com, 1000x.live, Coinex, OKX, and XT.COM. The SEC has filed charges with the Economic Crime Suppression Division (ECD) for operating without the necessary licenses under Thailand’s Digital Asset Business Act. To protect investors and combat money laundering, the SECSource link

Ether.fi, the restaking protocol turned neobank with $6.8 billion in user deposits, has announced the roll out of Ether.Fi Hotels, a feature that lets users book luxury hotels around the world using their Ether.fi Cash cards.The firm pivoted to become a neobank last month, offering traditional banking services coupled with its existing native decentralized finance (DeFi) features like yield via Ethereum restaking.The latest feature is in partnership with Entravel, a travel booking platform that has thousands of hotel brands across the world. Users will also receive 5% cash back for every booking made with the Ether.fi Cash card."This integration brings us one step closer to making crypto usable in everyday life," Mike Silagadze, CEO of ether.fi, told CoinDesk. "Ether.fi Cash...

The agreement, the newspaper’s first AI-focused licensing deal, will see its content used across Alexa and Amazon’s AI training models.Source link

The draft project, introduced by Representative Shirley Rivera to the Guatemalan Congress, establishes several rules aimed at positioning Guatemala at the forefront of cryptocurrency regulation. The bill provides tax exemptions for personal transactions and regulates the voluntary use of crypto for payments. Bill Regulating Cryptocurrency Payments Proposed Before Guatemalan Congress Increasingly, countries are rushing toSource link

Thai crypto traders will be blocked from accessing Bybit, CoinEx, OKX, 1000X, and XT.com, from June 28, according to a recent announcement from Thailand's Securities and Exchange Commission.The Thai SEC has filed charges against these exchanges with the country's Economic Crime Suppression Division, citing violations of the Digital Asset Business Act, and has requested that the nation's Ministry of Digital Affairs block access to the platforms."Investors are urged to promptly secure their assets on these platforms before the impending access restrictions," the SEC advised.The regulator further emphasized the importance of using licensed platforms to ensure investor protection and prevent inadvertent participation in criminal activities such as money laundering."As a firm, we are fully committed to engaging with governments and law...