Search
Binance Obtains Registration as Crypto Service Provider in Cyprus
22.10.2022
Cryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance...
Estonia Issues First License to Crypto Service Provider Under New Regulation
25.9.2022
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide...
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
28.8.2022
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail...
Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers
19.8.2022
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy
21.7.2022
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register...
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
20.7.2022
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
30.6.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of...
Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges
8.6.2022
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,” Paypal...
GrePay and Alchemy Pay Partner to Expand Crypto Payments
21.3.2022
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will...
Binance awarded Bahrain crypto service provider license
15.3.2022
The world’s largest crypto exchange will now provide various regulated crypto services to Bahraini citizens
Cryptowisser: Top 100 Crypto Coins Ranked by Carbon Footprint – Algorand Leads the Way
28.2.2022
PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisser, announces its Crypto Carbon Footprint list. The list ranks how sustainable the top 100 cryptocurrencies are and is based on the research of a Swedish team of sustainability experts. The list ranks each coin of how...
Singapore bars crypto service providers from advertising in public spaces
17.1.2022
The new regulations would only allow for advertisements on native websites and mobile apps for DPT companies
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
28.12.2021
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed....
Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
7.12.2021
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought...
Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’
2.12.2021
Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term...
Cryptowisser: 79 Crypto Exchanges Dead in 2021 – Even More Than in 2020
16.11.2021
PRESS RELEASE. November 2021, leading Crypto service comparison site – Cryptowisser, announces its annual Crypto exchange graveyard. The list serves as the only existing extensive database for “dead” cryptocurrency exchanges. Over the last year many exchanges have been victim...
Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP
11.11.2021
Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub, which aims to be “a one-stop shop for enterprises to source any tokenized asset.” The product “will allow customers to seamlessly access...
Mastercard Launches First Crypto-Linked Payment Cards for Asia-Pacific Region
10.11.2021
Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit,...