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Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank
22.12.2023
Source: bin/Adobe Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023. Per data released by the bank, as well as a report from Criptonoticias, the bank has recently given some 30 firms operating permits. The list of Bank of Spain-approved crypto...
Crypto Asset Manager HashKey Capital Secures CMS License from Monetary Authority of Singapore
19.12.2023
Image Source: HashKey Group HashKey Capital’s Singapore subsidiary has obtained a central bank license from the Monetary Authority of Singapore. On December 19, HashKey Capital Singapore announced that it had been granted a full Capital Markets Services (CMS) license by the Monetary Authority...
Bittrex Global ceases trading and only permits withdrawals
5.12.2023
Bittrex Global recently announced the termination of all its trading activity. The announcement was made on its official X/Twitter account. The tweet read that the platform will only permit withdrawals now. Thus, users should log into their accounts and withdraw their assets quickly. It has only...
Uzbekistan Permits Only Legal Entities to Mine Cryptocurrencies Using Solar Power
4.10.2023
The Republic of Uzbekistan has approved new regulations for issuing licenses for cryptocurrency mining activities.
The National Agency for Advanced Projects (NAAP), an organization primarily responsible for crypto markets oversight, has finally released a new framework on the procedure...
BlockFi Complies with Court Order, Permits Crypto Withdrawals for Eligible US Users
18.8.2023
On August 17, BlockFi, a New Jersey-based crypto lending company, stated that it had initiated withdrawals for eligible users' wallets in the US in compliance with a court order issued by the US Bankruptcy Court for the District of New Jersey.
However, due to ongoing legal proceedings, these...
Uzbekistan permits two banks to issue crypto cards
16.8.2023
Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets
18.2.2023
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door...
Court permits Core Scientific to borrow $70M to replace existing loan
31.1.2023
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
23.11.2022
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban, which is likely to have...
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
24.10.2022
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border...
New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Singapore Court Permits Three Arrows Liquidators To Access Key Financial Records - Report
24.8.2022
The liquidators of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC) have obtained the permission of a local court to access key records, securing more information about the assets of the collapsed business, Bloomberg reported....
Read More: Singapore Court Permits Three Arrows...
Dubai permits full operation to FTX subsidiary FZE via first MVP license
30.7.2022
According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets
Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds
11.5.2022
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent. Kyiv Launches New Platform for Donations Amid...
After Binance Secures French License, New Hires Underway, Hopes for New Permits
5.5.2022
After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too.
The latest development marks the first time the platform secures such permission from...
Woori Bank to Accept Blockchain-based Driving Permits as Form of Authentication
3.2.2022
The South Korean financial giant Woori Bank has become the first commercial bank in the nation to start accepting blockchain-powered driver’s licenses as an official form of authentication....
Read More: Woori Bank to Accept Blockchain-based Driving Permits as Form of Authentication
Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
1.11.2021
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by...
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...