Search Results for: local subsidiary

Die chinesischen Technologiegiganten Tencent und Bytedance planen Kürzungen in ihren Metaverse-Abteilungen

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Berichten zufolge, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended…

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

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According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange…

Australia Suspends Financial Services License of Local FTX Entity

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Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate…

Binance Gets VASP License From the Bank of Spain

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Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC…

Große thailändische Bank SCB übernimmt 51% Beteiligung am Kryptowährungsaustausch

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Siam Commercial Bank, eine der größten Banken in Thailand, erwirbt ein 51% Beteiligung an einer Kryptowährungsbörse. Die Übernahme wird der Bank helfen “Langfristig neue Wachstumswerte in einer neuen Finanzwelt schaffen,” said the CEO…