Coinbase, one of the largest cryptocurrency exchanges, has obtained virtual asset service provider (VASP) status in France, allowing it to expand its operations in Europe. The company has registered with France’s Autorité des marchés financiers (AMF) and can now offer retail and institutional services, including crypto custody, crypto-to-crypto trading, and buying and selling crypto for […]
The concept of using the Internet as a marketplace faced initial challenges in implementation. As the Internet became more accessible, the demand for secure online transactions grew. However, convincing users about the importance of privacy and anonymity online proved to be difficult, which limited the adoption of ecash. Despite this, ecash aimed to solve the […]
Circle, the US company behind the USDC stablecoin, has expanded its operations into the European market by registering as a digital asset service provider (DASP) in France. To begin its operations in France, Circle needs to obtain approval as a payment services provider (PSP) or register as an agent of a PSP. The company has […]
The US Securities and Exchange Commission (SEC) is reportedly holding a joint conference call with applicants for a spot Bitcoin exchange-traded fund (ETF). According to reports from Fox Business correspondents, the SEC is urging applicants to commit to a cash creation model as important deadlines approach.This move by the SEC comes as the agency continues […]
Circle, the US company behind the USDC stablecoin, has expanded its operations into the European market by registering as a digital asset service provider (DASP) in France. To begin its operations in France, Circle needs to obtain approval as a payment services provider (PSP) or register as an agent of a PSP. The company has […]
Coinbase, the US-based cryptocurrency exchange, has received regulatory approval from the French regulator Autorité des Marchés Financiers (AMF) to offer its crypto exchange services and products in France. This approval, known as the Virtual Assets Service Provider (VASP) registration, allows Coinbase to provide digital asset custody and trading services to both retail and institutional customers […]
In 2023, the cryptocurrency industry saw several controversial figures making headlines for their involvement in scams and illegal activities. Three of the most notable figures include Karl Sebastian Greenwood, Ian Freeman, and Amir Bruno Elmaani.Karl Sebastian Greenwood, co-founder of One Coin, was sentenced to 20 years in prison and ordered to pay $300 million in […]
In a significant development, a court in the British Virgin Islands has issued a worldwide asset freeze worth $1.14 billion on the co-founders of cryptocurrency hedge fund Three Arrows Capital (3AC). The freeze order, part of the liquidators’ efforts to recover the fund’s assets and provide returns to creditors, affects co-founders Su Zhu and Kyle […]
French regulatory authorities have granted approvals to foreign cryptocurrency firms as 2023 comes to a close. On December 21, licenses were awarded to crypto exchange Coinbase and stablecoin issuer Circle. Coinbase has obtained the Virtual Assets Service Provider (VASP) authorization from France’s financial regulator, allowing the company to custody digital assets and offer crypto trading […]
Argentina’s new President, Javier Milei, has wasted no time in implementing a libertarian economic agenda. In a bold move, he has issued over 350 economic deregulations aimed at removing barriers in various industries. One of these deregulations is the acceptance of Bitcoin and other cryptocurrencies as legitimate means of payment for contracts.Chancellor Diana Mondino has […]
