Crypto regulation

Blockchain & Crypto

El Salvador Amends Bitcoin Laws to Comply With IMF Deal

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).

News

BitPanda Secures MiCA License With German Regulator

Bitpanda has obtained its MiCA license from BaFin, Germany’s leading financial regulatory authority, to offer regulated services to 450 million EU citizens.

News

US to Form National Digital Asset Stockpile

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.

News

Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys

The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.

Blockchain & Crypto

Cryptocurrencies as Legal Tender: Pros and Cons

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 […]

News

Crypto.com Launches U.S. Custody Trust Company

Crypto.com exchange expands its institutional services in the U.S. with the dedicated entity – Crypto.com Custody Trust Company.

Blockchain & Crypto

Deutsche Bank Builds Blockchain Solution on Ethereum

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.

Blockchain & Crypto

UK Banking Regulator Requests Data on Crypto Exposure

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.

Blockchain & Crypto

First UAE Stablecoin Gets Final Approval Before Launch

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.

Blockchain & Crypto

BitOasis Secures VASP License in Dubai

BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.

News

Australian Fintech Faces Contraction, Blockchain Hit Hardest

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.

News

SEC Sues Touzi Capital for Misleading Investors

According to the SEC, Touzi Capital stated investor funds would finance crypto mining operations, but they were used for unrelated expenses instead.

News

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.

Blockchain & Crypto

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.

News

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.

News

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).