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Bybit secures MiCA license in Austria, opens EU base in Vienna


Bybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), allowing the exchange to expand into the European market.The approval allows Bybit EU, registered under commercial number 636180i, to operate as a regulated crypto asset...

Hong Kong passes stablecoin bill, set to open licensing by year-end


Hong Kong’s Legislative Council has passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill passed...

Wintermute opens New York office, citing improved US crypto rules


Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US.Wintermute announced the opening of its New York office on May 15, citing improved regulatory conditions in the world’s largest economy.“As...

21shares Opens the Gate to Cronos With New ETP—But Only for Select Markets


21shares has launched a regulated exchange-traded product (ETP) tied to the Cronos blockchain, enabling investors to gain exposure to the CRO token without directly managing crypto wallets or exchanges. 21shares Rolls Out Regulated Cronos ETP 21shares AG, a leading crypto ETP issuer, unveiled...

Backpack opens claims process for former FTX EU users


Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe.According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.Backpack...

Backpack opens claims process for former FTX EU users


Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe.According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.Backpack...

Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal


The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox. Central Bank of Russia Opens up to Crypto With...

South Korea Opens Door to Institutional Crypto Investment


South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop...

Report: DOJ Opens Probe Into Libra Token Case


The DOJ has allegedly already opened an investigation regarding President Javier Milei’s role in the promotion of Libra and the involvement of the project’s founders, Kelsier Ventures’ Hayden Davis, KIP Protocol’s Julian Peh, and two Argentine entrepreneurs, in the scheme....

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