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National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers Consumer Caution: Payment Apps and the Risk of Uninsured Deposits Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation HashKey PRO Moves to Expand Retail Services in Hong Kong with New License Application Microsoft Signs Multi-Billion Dollar Deal with Nvidia-Backed CoreWeave, Former Ethereum Miner, for AI Computing New Huo Tech Reports Explosive Revenue Growth Amidst Increased Losses First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom Hong Kong SFC Chief Executive: New Guidelines for Crypto Trading Platforms Prioritize Investor Protection Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io

Canada

Canada’s Border Closing Won’t Save Them From This Baffling Oversight

Canada just announced that it will close its borders to non-Canadian and non-U.S. citizens. While this is an important step, Canada has missed other key steps in the process. If they hope to contain the spread, they need to act now. It looks like Canada is taking the one step forward, two steps back approach…

Canada Shuts Down Crypto Exchange. It Still Owes Customers $12 million

What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse?  A Vancouver-based crypto trading platform, Einstein Exchange, has been closed by Candian authorities; while still owing $16 million in outstanding obligations. What Happened to Einstein? On Monday, the British Columbia Securities Commission (BCSC), provided a statement noting the “action…