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Cryptocurrency exchange Crypto.com has postponed its much-anticipated South Korean launch, citing the need for further discussions with local regulators. The decision comes after a period of review by Korean authorities, who reportedly raised concerns about Crypto.com’s anti-money laundering (AML) protocols. The exchange, initially scheduled to launch in South Korea on April 29, is now seeking to establish a clearer understanding with regulators regarding its compliance measures. “We […]

Italy: the largest European representation at FHA-F&B 2024 with 58 Italian exhibitors SINGAPORE – Media OutReach Newswire – 23 April 2024 – At the opening of FHA-Food & Beverage 2024, Southeast Asia’s largest trade show for F&B professionals, the Italian Trade Agency Singapore is proud to unveil the Italian Taste Lab at its official pavilion, during the Italian press conference. The Italian Taste Lab at FHA-Food & […]

In a move to counter the impact of US sanctions, Venezuela’s state-owned oil and gas company, Petróleos de Venezuela, S.A. (PDVSA), is reportedly embracing cryptocurrency for its transactions. Industry sources familiar with the matter allege that PDVSA has begun accepting Tether (USDT), a stablecoin pegged to the US dollar, for oil sales. This shift towards digital currency also reportedly involves mandating new customers to use cryptocurrencies for […]

BANGKOK, THAILAND – Media OuReach Newswire – 23 April 2024 – Sasin School of Management in Bangkok, Thailand, is gearing up to host the Sasin Impact Entrepreneurship Week 2024 (SasinIEW) from June 19-23, 2024. Focused on entrepreneurship, innovation, inclusiveness, impact, and sustainability, the event aims to foster collaboration among diverse stakeholders, including entrepreneurs, startups, investors, policymakers, business students, and the public. photo shows 1. Mr. Dibyendu Bose, […]

The Securities and Exchange Commission (SEC) is taking a hard line against Terraform Labs and its co-founder Do Kwon, alleging fraud in a lawsuit filed on Monday. The SEC is seeking a hefty $5.3 billion judgment against the defendants, which includes $520 million in penalties and a court-ordered injunction designed to prevent future violations. The lawsuit centers on the collapse of TerraUSD (UST), a stablecoin pegged to […]

The Ontario Superior Court of Justice has delivered a blow to cryptocurrency exchange giant Binance, approving a class-action lawsuit against the company for allegedly selling unregistered crypto derivatives to retail investors in the province. This move by the Canadian court signifies a potential escalation in the ongoing regulatory scrutiny surrounding the crypto industry. The lawsuit, certified on behalf of investors who purchased crypto derivative contracts on Binance […]

Two Securities and Exchange Commission (SEC) lawyers have resigned following a federal judge’s scathing rebuke of the agency’s handling of a lawsuit against a cryptocurrency platform. The resignations come amid allegations of misconduct by the SEC and raise concerns about the agency’s approach to regulating the burgeoning crypto industry. The case in question involved Debt Box, a Utah-based company offering a digital asset trading platform. In July […]

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Get Ready to Embrace Effortless Financial Transactions BANGKOK, THAILAND – Media OutReach Newswire – 23 April 2024 – In a remarkable display of expertise, EFT Solutions Limited (“EFT Solutions”), (Stock Code: 8062.HK), the trailblazing leader in payment solutions, is pleased to announce that it is participating in Money20/20 Asia, a grand global fintech event. Kicking off today, the Expo takes place in Queen Sirikit National Convention Center, […]

Password manager LastPass finds itself entangled in a deceptive scheme by cybercriminals. Perpetrators are impersonating LastPass staff to infiltrate user accounts, a tactic raising concerns about multi-factor authentication’s (MFA) effectiveness. The attack hinges on social engineering, a strategy that exploits human trust. Victims receive a phone call, often with a spoofed number appearing as a legitimate LastPass line. The caller, posing as a LastPass representative, claims to […]

HONG KONG SAR – Media OutReach Newswire – 23 April 2024 – Clean Air Network (“CAN”), a leading advocate for clean air in Hong Kong, is proud to announce that Samantha Hon has been appointed as the new Chairperson of the Board, effective March 15, 2024. “I am confident that Samantha’s experience and passion for our cause will infuse CAN with new energy and enthusiasm, propelling our […]

The United Arab Emirates (UAE) is rapidly becoming a leader in cryptocurrency adoption within the Middle East, according to a recent report by Bitget Research. The report highlights a surge of 166% in the average daily number of crypto traders across the region, reaching 500,000 in 2024. The UAE stands out as a frontrunner, with a significant portion, 72%, of its crypto users actively invested in Bitcoin. […]

MUNICH, GERMANY – Newsaktuell – 22 April 2024 – Stefan Mappus is the new Managing Director of the EUTOP Group. Together with long-standing Managing Director Christian Schaufler, he will manage the fortunes of the Group from now on. Stefan Mappus is responsible for EUTOP’s client business as a member of the management board and thus brings his wealth of experience in politics, administration and business directly to […]

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has exhibited signs of potential recovery after a slump in the past two years. The token’s price has displayed a recent uptick, buoyed by a surge in network activity and a potential shift in investor sentiment. This tentative rally comes after a period of decline for Ethereum, mirroring a broader trend in the cryptocurrency market. However, several factors suggest […]

Innovate・Lead・Succeed HONG KONG SAR – Media OutReach Newswire – 22 April 2024 – With the aim of recognize the outstanding contributions and most innovative enterprises and institutions within the Hong Kong business community, BUSINESS INNOVATOR, a multimedia platform for business information and marketing, successfully organized the “2024 Most Innovative Enterprise Award” dinner banquet ceremony on April 19, 2024 at the Hilton Garden Hotel in Mongkok. The awards […]

Emaar Properties, Dubai’s leading developer, capped off a banner year in 2023 with robust sales and a significant payout to shareholders. At their recent Annual General Meeting, the company announced a record-breaking dividend of Dh4.4 billion (US$1.2 billion), reflecting their impressive financial performance. This generous distribution underscores Emaar’s commitment to rewarding investors and highlights the company’s strong financial health. The news of the hefty dividend comes on […]

Higher interest rates have been experienced around the world for two to three years as global inflation hit a multi-decade high. While some central banks, such as the European Central Bank (ECB), are reportedly planning to start cutting imminently, others, such as the US Federal Reserve are said to be likely to have a maximum of one – if any at all – this year. Loretta Mester […]

In the bustling city of Dubai, where business growth and technological advancements are always in full swing, the importance of an effective online presence cannot be overstated. Web design and development have evolved into more than just creating a visually appealing website; it’s about crafting an experience that converts visitors into customers. This is where the principles of conversion-driven design come into play, especially in a competitive […]

Transforming City Travel: Veer’s New Technology Reduces Costs and Enhances Sustainability San Francisco, California, United States – April 22, 2024 — In a world where urban transportation continually evolves, Veer emerges as a pivotal force with its Shift Drive System, redefining the daily commute and ushering in a new era of cost-effective urban mobility. Amid escalating gas prices and increasing congestion, Veer’s innovative system offers a compelling […]

HONG KONG SAR – African Media Agency – 22 April 2024 – N-Soft, a leading revenue mobilization provider for the digital age, is thrilled to announce a groundbreaking partnership with the Ministry of Finance in Guinea-Bissau. This strategic alliance is set to significantly enhance the government’s capacity to mobilize more revenue from key industries including mobile money providers, gambling operators, telecom operators, and the banking industry, with […]

In a move designed to lure investors seeking lower costs, cryptocurrency giant Grayscale Investments unveiled plans for a new exchange-traded fund (ETF) – the Bitcoin Mini Trust – boasting the lowest expense ratio of any Bitcoin ETF currently available. Grayscale, the world’s largest digital currency manager, currently offers the Grayscale Bitcoin Trust (GBTC), the leading Bitcoin investment vehicle in the market. However, GBTC comes with a 1.5% […]

30,000 mangrove trees planted in Southeast Asia since 2021 SINGAPORE – Media OutReach Newswire – 22 April 2024 – Cathay has reached a milestone in its 1 Ticket, 1 Tree journey, with the planting of 30,000 mangrove trees in Southeast Asia since the initiative was launched in 2021. This includes 7,500 mangrove trees that Cathay and its partners have committed to plant in 2024, from tickets sold […]

BigG Hair, a leading manufacturer of high-quality hair extensions, proudly celebrates its milestone of 12 years in brand development and unwavering commitment to the global hair extension industry. Concurrently, the brand emphasizes its dedication to annual charity activities aimed at community development. Hanoi, Vietnam – April 22, 2024 — Since its establishment in 2012, BigG Hair has embarked on an impressive journey from a small enterprise to […]

Toshiba is revolutionizing the look of in-home climate control with the introduction of their new HAORI multi-split air conditioning system. Launched in Singapore on December 18, 2023, the HAORI is designed to seamlessly integrate with modern home aesthetics while providing efficient cooling and air purification. This new offering from Toshiba boasts a sleek and stylish design that departs from the traditional bulky air conditioner units. The HAORI’s […]

SINGAPORE – Media OutReach Newswire – 22 April 2024 – The newly launched Toshiba HAORITM is revolutionising the aesthetics of residential air conditioning for Singapore homeowners. This new addition to Toshiba’s multi-split type air conditioning product line-up brings a fresh approach to air conditioning for homes which in addition can easily be customized. Toshiba is a part of Carrier Global Corporation, global leader in intelligent climate and […]

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