Uzbekistan Issues its First License for Crypto Depository
The National Agency for Advanced Projects of Uzbekistan (NAPP) issued on June 21 the first license to Lockton Hub crypto depository.
Prime Trust Halts Withdrawals Following Nevada Regulator’s Order
Crypto custodian Prime Trust has been issued a directive from the Nevada Department of Business and Industry that requires it to suspend fiat and digital asset deposits and withdrawals.
Wyre Announces it is Closing its Business
After ten years of operation, US crypto payment company Wyre has announced it is shutting down due to harsh bear market conditions.
Texas Regulator Orders Digital Asset Platform Abra to Cease Operations
The Texas Securities Board (USA) has issued an order for Abra to cease operations immediately due to accusations of securities fraud.
Digital Asset Unit of Investment Bank Cowen is Closing
Cowen Digital, the digital asset division launched by investment bank Cowen in March 2022, is shuttering operations.
Bali Authorities Initiate Campaign Against Cryptos in Tourism Sector
The provincial government of Bali, Indonesia, has announced that they will no longer allow digital assets to be used for payments in hotels, restaurants, shopping centers, and other establishments.
