Gemini Launches Crypto Services in France
US-based crypto exchange Gemini launched its services in France about a year after obtaining a digital asset service provider (DASP) registration.
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South Korea to Monitor Cross-Border Crypto Transactions
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.
Qatar Launches Digital Asset Regulations
A comprehensive regime for regulating and creating digital assets will enable safe and transparent custody arrangements, transfer and exchange of cryptocurrencies in the Qatar Financial Centre (QFC) in Doha.
Crypto.com Launches Global Retail Services Through Its Dubai Hub
The launch of Crypto.com global retail services is enabled by Standard Chartered’s tailored banking solutions and the forward-thinking regulatory framework of Dubai’s Virtual Assets Regulatory Authority (VARA).
SEC Targets NFT Market OpenSea
The United States Securities and Exchange Commission (SEC) has reportedly sent a Wells notice to the OpenSea marketplace, suggesting that non-fungible tokens (NFTs) are securities.
Stablecoin Market Cap Reaches All-Time High
After a consecutive 11-month growth, stablecoins reached a new all-time high of $168 billion in market cap.
Thailand to Test Crypto Services in Sandbox Environment
A dedicated regulatory sandbox will help crypto firms in Thailand to experiment with the development of new digital asset services.
Next Generation Revives Euro Stablecoin With Decta
French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.
Insights from the Independent Reserve Cryptocurrency Index (IRCI) Singapore 2024
Singapore has emerged as a leading cryptocurrency hub in Southeast Asia, attracting both retail and institutional investors. It’s crucial for investors and enthusiasts to stay informed and educated about the constantly evolving crypto ecosystem. Understanding the nuances of buying Bitcoin in Singapore, such as reputable exchanges, secure storage options, and tax implications, is essential for […]
Circle Achieves MiCA Compliance for USDC and EURC Stablecoins
Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.
Bolivia Lifts Crypto Ban
After a four-year ban, Bolivia authorized crypto payments in the country.
Robinhood Declares 224% Crypto Trading Surge
A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.
Hong Kong Crypto ETFs Begin Trading
Spot Bitcoin and Ethereum exchange-traded funds (ETFs), the first crypto ETFs in Asia, have officially gone live in the Hong Kong stock market today.
Hong Kong Approves Bitcoin and Ethereum ETF
Moving ahead of the U.S. regulators, the SEC of Hong Kong has officially approved both Bitcoin and Ethereum ETF products from major local asset managers.
Paraguay Postpones Bitcoin Mining Ban
Senators of Paraguay are now considering selling excess energy from its Itaipu hydropower plant to miners instead of the blanket Bitcoin mining ban proposed earlier.
Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M
The regulator proposes to increase the registration fee for cryptocurrency exchanges in Nigeria fivefold – from 30 million naira ($18,620) to 150 million naira ($93,000).
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