Good day, ApolloXplorer!Here are today’s key headlines for you to stay up to date with the latest:<h2 id="header-0">#1. Korean crypto exchanges and the Travel Rule</h2>Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821.Transfers higher than that value will be restricted to user-verified wallets and a select number of exchanges that have adopted their anti-money laundering system.The Travel Rule is a set of guidelines issued by the international financial watchdog Financial Action Task Force (FATF) designed to help authorities track the movement of virtual assets.Source: <a href="https://cointelegraph.com/news/korean-crypto-exchanges-are-now-in-compliance-with-the-travel-rule" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. Coinbase pushes for UPI payments</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/5dd56b9e1fa34f91b2a6c2f9e54ee496.jpeg" />Image credit: TechCrunchCoinbase is beginning to add support for payment instruments UPI and IMPS in India.UPI, a payments infrastructure built by a coalition of retail banks, is the most popular and one of the most convenient ways Indians transact digitally.It’s not clear at this point with which bank(s) Coinbase has partnered in India to support UPI and IMPS payments.Source: <a href="https://techcrunch.com/2022/03/24/coinbase-makes-india-push-with-support-for-upi-payments/" rel="noopener noreferrer nofollow">TechCrunch</a><h2 id="header-2">#3. Crypto firms face being booted from the UK</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/3962bfb7df234e78a74de36f24565d2e.png" />Image credit: Getty ImagesFrom March 31, firms operating crypto services in Britain must be registered with the Financial Conduct Authority.If they fail to obtain full authorization, they would be required to wind down their business.Many industry insiders have expressed frustration with the FCA’s handling of the crypto register.Source: <a href="https://www.cnbc.com/2022/03/24/crypto-firms-face-being-booted-from-uk-as-fca-register-deadline-nears.html" rel="noopener noreferrer nofollow">CNBC</a><h2 id="header-3">#4. FTX Ventures’ Amy Wu calls Yuga Labs “a future Disney”</h2>Amy Wu, the head of FTX Ventures, thinks that Yuga Labs has the potential to become the Disney of Web3.The company is currently developing a metaverse gaming project called Otherside that is designed to bring together the NFT community.FTX Ventures recently participated in Yuga Lab’s $450M funding round.Source: <a href="https://fortune.com/2022/03/24/bored-apes-ftx-ventures-amy-wu-yuga-labs-disney/" rel="noopener noreferrer nofollow">Fortune</a><h2 id="header-4">#5. Spot Bitcoin ETFs in 2023?</h2>Spot bitcoin (BTC) exchange-traded funds (ETFs) could start to garner some approvals by mid-2023.This is taking into account a proposed U.S. SEC rule change that redefines exchanges, Bloomberg Intelligence analysts James Seyffart and Eric Balchunas said.“Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval.”Source: <a href="https://www.coindesk.com/policy/2022/03/24/spot-bitcoin-etfs-could-see-approvals-in-2023-bloomberg-intelligence/" rel="noopener noreferrer nofollow">CoinDesk</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: UK crypto firms risk being booted, Yuga Labs aims to be “Disney” of Web3

Table of Contents

APX

Other articles published on Mar 25, 2022

🎉🎉🎉Tier Level at #SocialFi to receive a guaranteed allocation🎉🎉🎉

Bob Eco - Bobrental - Bobcoin - Bobx | | Everyone deserves the opportunity to be an entrepreneur

Convergence Finance Offers $LUNA Private-Sale Tokens to the Public

sBitCore TikTok Contest 🚀🚀🚀

Zeptagram Blockchain Platform Signs Shares of Britney Spears And Justin Bieber Songs Generating A...

IOTA, Shimmer and Assembly Staking Roadmap

Join our free newsletter for daily crypto updates!