UK Introduces Draft Legislation for Crypto Industry
British regulators have come up with a draft legislation to bring some clarity and customer protection to the UK crypto sector.
British regulators have come up with a draft legislation to bring some clarity and customer protection to the UK crypto sector.
The U.S. regulator SEC eased its stance on crypto-related institutions under the new administration, agreeing to dismiss the long-standing legal battle against Coinbase and drop the investigation of the Opensea NFT market.
The legislative assembly of El Salvador has swiftly approved significant alterations to its unique national Bitcoin law following a $1.4 billion loan agreement with the International Monetary Fund (IMF).
Bitpanda has obtained its MiCA license from BaFin, Germany’s leading financial regulatory authority, to offer regulated services to 450 million EU citizens.
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.
While many countries in the world are shunning away from cryptocurrencies, banning them altogether or strictly limiting crypto opportunities, El Salvador and CAR have experimented with introducing Bitcoin as legal tender, and the small Caribbean nation of St. Maarten considered legalising TRON. Which approach is better and what are the benefits and drawbacks of adopting […]
Crypto.com exchange expands its institutional services in the U.S. with the dedicated entity – Crypto.com Custody Trust Company.
Deutsche Bank is actively working on Project Dama 2, an Ethereum-based Layer 2 (L2) blockchain network to enhance transaction efficiency and integrate regulatory safeguards.
British regulator wants local UK firms to provide information about their current and expected future crypto asset exposures as well as the application of the Basel framework for the prudential treatment of crypto assets.
AE Coin, the first regulated stablecoin in the UAE pegged to the local dirham currency, has received the final licence from the Central Bank of the UAE and is scheduled for the soon-to-come launch.
BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.
Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.
According to the SEC, Touzi Capital stated investor funds would finance crypto mining operations, but they were used for unrelated expenses instead.
US-based crypto exchange Gemini launched its services in France about a year after obtaining a digital asset service provider (DASP) registration.
New crypto regulations in South Korea will require businesses engaged in cross-border virtual asset trade to register with authorities in advance and submit monthly transaction reports to the Bank of Korea.
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