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Torrevieja to Become the First Crypto Friendly City in Spain


Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give courses for stores interested in learning how...

Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub


U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law....

Elevate Your Trades with $LPX Tokens: Unlock VIP Access on Launchpad xyz


Crypto startup and AI trading platform Launchpad XYZ has secured over $1.85 million through its ongoing crypto presale ahead of its anticipated platform launch in 2023.  The company plans to offer a comprehensive range of services, from educational courses for crypto beginners to advanced trading...

Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges


The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...

Hong Kong's Grey Zone Crypto Stores Draw in Chinese Visitors


According to a report from the Financial Times, the influx of Chinese tourists into Hong Kong has witnessed a peculiar trend in recent months, as more individuals seek to purchase cryptocurrencies during their visits. This surge in interest can be attributed to the stringent regulations...

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed


Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...

Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says


Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....

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