The crypto landscape of the European Union is diverse, and with the advent of Markets in Crypto-Assets Regulation (MiCA), it is also getting more secure and monitored. Today, over 50 traditional financial institutions, crypto-native firms, and challenger fintechs have gained regulatory approval across the EU. Let’s briefly overview the MiCA-licensed crypto providers in Europe.
Tech giants’ plans to issue stablecoins in Hong Kong are reportedly on hold, as Chinese authorities instructed them not to proceed with such initiatives, fearing they might undermine state control over financial industry.
Fresh off becoming the first Swedish crypto firm authorized under the EU’s Markets in Crypto-Assets (MiCA) regulation, Safello has announced a new strategic partnership with Fragbite Group AB, one of Sweden’s leading gaming and esports companies.
Among the global crypto enthusiasts, Singapore and UAE stand out with their high cryptocurrency ownership, robust search activity and rapid adoption growth.
Dutch crypto launchpad Decubate has become one of the first platforms in the EU to secure full MiCAR approval, allowing it to run legally compliant token fundraising.
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 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.
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.
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