Gate Cryptocurrency News and Market Analysis

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RUSI Warns UK May Need Conscription as Russia Threat Grows

The Royal United Services Institute (RUSI) has called on the UK government to ramp up military recruitment and prepare for potential conscription as the threat of conflict with Russia increases, according to a report released on April 24, 2026. The defence think tank, established in 1831, warned
CryptoFrontier·41m ago

Global Oil Inventories Could Hit 8-Year Lows by June 2026

Visible Oil Stocks Face Record Decline Global visible oil stores are set to drop to record lows even if traffic through the Strait of Hormuz restarts by the end of April, according to analysts quoted in reporting from April 24, 2026. Visible stocks—the oil in audited tanks and tracked
CryptoFrontier·51m ago

FCA Censures Sapia, Orders £19.6M Payment to WealthTek Clients

The Financial Conduct Authority (FCA) has censured Sapia and required the firm to pay £19.6 million to clients of WealthTek following an investigation into inadequate client money safeguards. The payment, comprising £19.1 million to WealthTek's administrators and £500,000 to the Financial Services C
CryptoFrontier·51m ago

Canada Cuts Trading Fee Cap to CAD $0.0017 for Inter-Listed Securities

The Canadian Securities Administrators has adopted final amendments to trading fee caps, lowering the maximum fee charged by marketplaces for executing trades in inter-listed equities, according to the CSA announcement. The changes apply to securities priced at CAD $1.00 or more that are listed on b
CryptoFrontier·51m ago

Commonwealth Bank Cuts 120 Jobs Amid AI Expansion

Commonwealth Bank of Australia announced it will cut approximately 120 jobs as the nation's largest bank reviews roles and expands its use of artificial intelligence, according to Bloomberg. The cuts include 43 roles at Bankwest in Western Australia, with six positions affected by automation. This a
CryptoFrontier·1h ago

A former Huobi executive was acquitted by a Hong Kong High Court ruling that found the charges to be unsubstantiated; allegations of Tether dark-pool trading were not substantiated

On April 24, the Hong Kong High Court’s seven-member jury, by a majority vote, found not guilty of allegations against Chen Bo-liang, a former senior manager of cryptocurrency exchange Huobi (now renamed HTX), concerning accusations that he used a pseudonymous personal account in 2020 to trade on Huobi’s platform dark pool. The court also ruled not guilty on all charges, including six counts of accessing a computer with criminal or dishonest intent and one count of money laundering. The amount involved relates to 5 million Tether (USDT) tokens.
HTX0,63%
MarketWhisper·2h ago
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The Taichung District Prosecutors’ Office indicted 7 people under the Banking Act and the Anti-Money Laundering Act, with illegal funds totaling 3.64 billion yuan.

The Taichung District Prosecutors’ Office (Taichung District Prosecutors’ Office) formally indicted the head of Wanli Development Company, Hong Yuepeng, and six branch managers from Taichung Bank on April 23, for a total of seven people. The alleged offenses include violations of the Banking Act (aggravated special breach of trust), the Anti–Money Laundering Act (the crime of large-amount money laundering), and related offenses under the Organized Crime Prevention Act. According to the indictment referenced by the United News Network from the Taichung District Prosecutors’ Office, the case involves illegal funds flows totaling NT$3.64 billion.
MarketWhisper·2h ago
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DBS Expands Spark GenAI Program for Singapore SMEs

DBS announced on April 24 the expansion of its Spark GenAI program, developed in partnership with Enterprise Singapore and the Infocomm Media Development Authority (IMDA), to support local small and medium-sized enterprises (SMEs) in adopting artificial intelligence. The program uses a three-tier
CryptoFrontier·2h ago

Taiwan’s 14 brokerage firms have launched virtual asset ETFs via omnibus authorization for cross-advisory (sub-advisory) arrangements, with cumulative trading exceeding NT$98.99 billion New Taiwan dollars

According to the latest statistics provided by the Securities and Futures Bureau of the Financial Supervisory Commission, as of the end of March 2026, a total of 14 securities firms in Taiwan have launched virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business, with cumulative trading exceeding NT$9.9B. Huang Zhonghao, Deputy Director of the Securities and Futures Bureau of Taiwan, stated that the Financial Supervisory Commission (FSC) has required the securities firms’ association to submit an assessment report on the performance of the virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business over the past year, and that the assessment will expand eligibility to retail investors.
MarketWhisper·2h ago
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