Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its laws with international standards set by the Asia/Pacific Group on Money Laundering (APG). The key focus of the amendments is to bring virtual assets and virtual asset service providers firmly under the oversight of Taiwan’s The post Taiwan revises money laundering act to include digital assets appeared first on CryptoSlate.

The Wall Street Journal published an exclusive report on May 9 alleging that Binance, the world’s largest crypto exchange, fired the head of its market surveillance team after he raised concerns about potential market manipulation by a high-profile client. According to former Binance insiders interviewed by the Journal, the surveillance team had detected suspicious trading The post Binance accused of firing whistleblower for internal market manipulation report appeared first on CryptoSlate.

Paolo Ardoino, the Chief Executive Officer of Tether and co-founder of peer-to-peer platform Holepunch, recently hinted at plans to potentially develop a “Pear Phone” in the future. In an X post, Ardoino floated the idea of building an Android-compatible phone based on the Android Open Source Project (AOSP). The device would come pre-installed with Holepunch’s The post Tether CEO Paolo Ardoino teases potential Pear Phone powered by P2P apps appeared first on CryptoSlate.

CleanSpark has released its first monthly unaudited Bitcoin mining and operations update since the halving. The company exceeded 17 EH/s in hashrate, mining an impressive 721 BTC with a record daily high of over 48 BTC. CEO Zach Bradford highlighted the company’s monthly gains in efficiency metrics as they deploy advanced S21 machines across their The post Bitcoin miner CleanSpark records highest single mining day in April in post-halving report appeared first on CryptoSlate.

Hong Kong has emerged as a key player in the race to become Asia’s premier crypto hub, as it launched the region’s first spot crypto ETFs on April 30 with a day-one inflow of over $130 million across Bitcoin and Ethereum. To gain deeper insight into the implications of this milestone and Hong Kong’s evolving The post Restrictive OTC regulations for institutions amid Hong Kong ETF launch – BitGo APAC director appeared first on CryptoSlate.