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British Fintech Revolut Granted Crypto License in Cyprus


U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...

Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals


Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts....

Telefonica to Invest in Metaverse Through Gamium


Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also...

Next-Generation DOMINO DEX to Dominate Web3 With Imminent Launching


PRESS RELEASE. Global blockchain technology organization ABBC Foundation announced a new crypto trading hub through its next-generation decentralized exchange (DEX) – DOMINO. Target launching of the DEX is on July 18, 2022. ABBC Foundation declared that DOMINO will boast enhanced security...

Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks


Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...

The Sandbox Launches Cultural Hub With People of Crypto Lab


Pride month comes to The Sandbox as the first “hub of diversity, equity, and inclusivity” is set for launch in the Valley of Belonging. Developed in collaboration with People of Crypto Lab, the hub will debut in the metaverse on June 24. The Sandbox has teamed up to celebrate cultural...

Binance to Advise Kazakhstan on Crypto Regulations


Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate...

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