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 […]
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 […]
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 […]
Arthur Hayes, the co-founder and former CEO of BitMEX, has highlighted potential arbitrage opportunities arising from the SEC’s concerns regarding crypto ETFs. Hayes explains that an ETF utilizing in-kind transactions would be a simpler option, as it wouldn’t directly impact Bitcoin trades. However, he points out that a cash-based ETF could lead to complexities and […]
The United Arab Emirates’ Financial Services Regulatory Authority (FSRA) has recently updated its Anti-Money Laundering (AML) and sanctions rules to include provisions for digital assets. This move aligns with the Financial Action Task Force’s (FATF) Travel Rule, which aims to increase transparency and reduce anonymity in cryptocurrency transactions. The updated rules require Virtual Asset Service […]
A British Virgin Islands court has issued a freeze on assets belonging to the founders of Three Arrows Capital (3AC), a major crypto firm. The court order, which follows a similar move by the Singapore Court, effectively locks out over $1.1 billion of assets from 3AC co-founders Su Zhu and Kyle Davies, as well as […]
A British Virgin Islands court has issued a freeze on assets belonging to the founders of Three Arrows Capital (3AC), a major crypto firm. The court order, which follows a similar move by the Singapore Court, effectively locks out over $1.1 billion of assets from 3AC co-founders Su Zhu and Kyle Davies, as well as […]
The Swiss Federal Councillor Karin Keller-Sutter and the British Chancellor Jeremy Hunt have signed the “Berne Financial Services Agreement” to bring the two financial centers closer together. The agreement aims to strengthen competitiveness and promote close cooperation between Switzerland and Great Britain in the areas of banking, securities services, insurance, asset management, and financial market […]
