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FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far
31.3.2022
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regulator has registered 33 crypto firms so far and 12 firms are holding temporary registration....
UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator
31.3.2022
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto...
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
31.3.2022
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use...
Yield App Passes ‘Proof of Reserves’ Audit to Bolster Safety and Accountability of Deployed Digital Assets
31.3.2022
PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted...
Hackers Rob $600 Million in Crypto Heist
31.3.2022
Hackers have stolen $600 million from a blockchain network that is connected to the Axie Infinity online game. It is one of the biggest cryptocurrency attacks. A computer called nodes operated by Axie Infinity maker Sky Mavis as well as the Axie DAO that support a so-called bridge. This platform...
Crypto ownership among Norwegian women doubles, mirroring global trends
31.3.2022
According to a recent survey from Arcane Research, the number of Norwegian women that own cryptocurrency has doubled from 3% to 6% in just one year
Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers
31.3.2022
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking...
IMF: We Need a Lot More Work Done on Crypto Regulation
31.3.2022
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing...
Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia
30.3.2022
Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with...
DeFi Technologies subsidiary Valour surpasses $274 million in AUM
30.3.2022
Due to regulatory policies, its ETPs are only currently trading on European exchanges
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
UK financial watchdog extends registration deadline for some crypto firms
30.3.2022
As of March 25, there were 12 firms permitted to “carry out cryptoasset activities” under FCA temporary registration status, including CEX.IO, Revolut, and Copper
Crypto Industry Rallies Ahead of Vote on Controversial EU Crypto Regulation
30.3.2022
As the European Union institutions are advancing their discussions on the controversial Transfer of Funds Regulation (TFR), crypto industry representatives are looking to hamper the proposal’s potentially harmful impact on the sector’s future development....
Read More: Crypto Industry Rallies...
Planet of the Bored Apes: BAYC’s success morphs into ecosystem
30.3.2022
The success of the “Bored Ape Yacht Club” NFT collection sparked the creation of an NFT universe powered by its proprietary ApeCoin token
EOS Publishes 4 ‘blue Papers’ & Reveals Plan to Enhance the Network
30.3.2022
The EOS Network Foundation is getting down to the nitty-gritty of revamping the EOS Blockchain. Having published a series of four Blue Papers that cover the various aspects of the EOSIO Blockchain and ways it can be improved. It announced it would work with the long-time EOS developer Object...
Dubai Café Accepts Cryptocurrency as Payment, Owner Hints at Paying Employee Salaries in Crypto
30.3.2022
Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users...
Nuvei and XT.COM Team Up to Enhance the Onboarding of New Users
30.3.2022
MONTREAL, March 30, 2022 – Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) announced today its partnership with XT.COM to facilitate the onboarding of new users. The collaboration between Nuvei, via its Simplex cryptocurrency on/off-ramp solution, and XT.COM, one of the leading global crypto...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Re-State Foundation Announces the Launch of the First Metauniversity in the Metametaverse
30.3.2022
Dubai, 30 March 2022 – Re-State Foundation, a Swiss non-profit foundation aiming to reimagine the future of governance, is launching the world’s first MetaUniversity in the Metametaverse. MetaUniversity’s vision is to co-create all essential past, present, and future knowledge...
Binance Bridge 2.0 Launches with New and Improved Features
30.3.2022
The previous Binance Bridge gets a new makeover with several added features to make interchain connectivity safer and affordable. With the new improvements, the Binance-Ethereum bridging will be easier than ever seen before. The bridging protocol is set to allow listed and unlisted coins to...