Malaysian Securities Commission issues revised digital asset guidelines

Regulation for initial exchange offerings and digital asset custodians comes into force today. The Securities Commission Malaysia has issued revised guidelines governing digital assets, effective as of Oct. 28. These are intended to regulate initial exchange offerings, or IEOs, and digital asset custodians. According to the SCM, the rules aim to promote “responsible innovation in the […]

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Former Visa exec joins Crypto.com to drive Latin American market

Traditional finance execs are increasingly moving into crypto positions. The cryptocurrency industry welcomes another high-profile executive from traditional finance. Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market. According to an Oct. 28 blog post, Ruffa will now […]

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Bitcoin price drops to $13.3K after matching peak of 2019 bull run

Briefly challenging $14,000 produced major volatility for BTC/USD, which subsequently retreated by over $500 in hours. Bitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection.  Cryptocurrency market overview from Coin360 Data from Cointelegraph Markets, Coin360 and TradingView showed volatility rising during Wednesday after BTC/USD […]

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