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UK Court Recognizes USDT as ‘Distinct Form of Property’
16.9.2024
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible property in legal disputes. UK Court Recognizes...
Bit2me Secures Virtual Asset Service Provider License in Argentina
15.9.2024
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors...
Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
14.9.2024
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
14.9.2024
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive...
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
13.9.2024
The registry, launched in March by Argentina's National Securities Commission, already has 79 approvals
Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty
13.9.2024
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner,...
Hong Kong considers new licensing regime for OTC crypto trading
13.9.2024
Hong Kong's SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants
Coinbase launches 'cbBTC' wrapped Bitcoin digital asset
12.9.2024
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York
Grayscale Launches SUI Trust for Accredited Investors
11.9.2024
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed...
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
11.9.2024
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024
UAE regulators to allow Dubai-licensed VASPs to service entire country
11.9.2024
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...
tZero becomes 2nd FINRA-approved broker-dealer for digital securities
10.9.2024
The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
10.9.2024
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights...
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Central Bank of Latvia opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
Latvia’s central bank opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
Binance subsidiary Tokocrypto secures full license in Indonesia
9.9.2024
Binance described Tokocrypto as its "subsidiary," suggesting that it may have a controlling stake in the Indonesian trading platform.
Crypto Taxation: What You Need to Know in 2024
7.9.2024
As cryptocurrency continues to gain prominence as an asset class, tax regulations surrounding it are becoming increasingly complex. For 2024, […]
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