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Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils
13.10.2022
A list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European penalties target an array of crypto-related services to increase pressure on Russia amid...
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
12.10.2022
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed:...
BNY Mellon, America's oldest bank, launches crypto services
11.10.2022
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets
Coinbase gains in-principle approval for Singapore crypto license
11.10.2022
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it's also working with local industry groups to improve regulations
Crypto Services Firm Luxor to Offer Derivatives for Bitcoin Miners to Hedge Risk
10.10.2022
The new product will be based on “hashprice,” a term coined by Luxor to refer to the revenue miners earn from a unit of hashrate
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services
8.10.2022
Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries...
Binance Secures Crypto Services License in Kazakhstan
7.10.2022
Binance has been in the news recently for furthering their spree of acquiring licenses to operate in more jurisdictions, as the CEO Changpeng Zhao presses on with his mission to bring hundreds of millions of people into crypto within the next few years. ...
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EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
7.10.2022
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK
27.9.2022
European fintech unicorn Revolut has finally won registration from the United Kingdom's Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait
Binance Receives License to Offer More Crypto Services in Dubai
22.9.2022
Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license...
Binance receives green light for crypto services in Dubai
21.9.2022
The new MVP License is a transition from a provisional license received under a new regulatory framework earlier this year
Binance Secures License in Dubai to Offer More Crypto Services
20.9.2022
With the new approval, the crypto exchange can operate a trading platform and offer a range of services including digital asset custody and payments in Dubai
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
16.9.2022
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says...
Crypto Services Firm Abra "In Process" of Forming US Bank
12.9.2022
Abra expects its banking platform to launch in 2023
Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’
24.8.2022
Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers...
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
Revolut Receives Nod From Cyprus Regulator to Offer Crypto Services
15.8.2022
European digital bank Revolut has been granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) allowing it to offer crypto services across the European Economic Area (EEA)