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Circle Obtains Conditional Registration in France, Names Operations Leader


Source: AdobeStock Stablecoin issuer Circle has secured conditional registration as a Digital Asset Service Provider (DASP) from the French Financial Markets Authority (AMF). We have achieved a significant early milestone in establishing our European regulatory platform by securing a conditional...

Coinbase Expands Into France With Acquisition of VASP License Ahead of MiCA


Source: Pixabay Coinbase has received regulatory approval from France’s Financial Markets Authority to conduct business as a digital asset trading venue. According to a CNBC report published on Tuesday, Coinbase has secured a virtual asset service provider (VASP) license from the Financial Markets...

Ledger Hardware Wallet Will Compensate Users for $600,000 Exploit


Source: iStock Hardware wallet provider Ledger has announced its intention to reimburse victims for the approximately $600,000 in assets lost due to the recent ConnectKit exploit. In a December 20 statement on X (formerly Twitter), the firm assured that the lost assets would be reimbursed before...

Verida and inDAO Team Up to Help Uzbekistan Adopt Web3 Tech


Source: Pixabay inDAO, a specialized organization focused on incorporating blockchain technology into daily life, and Verida, a provider of self-sovereign digital identity solutions, have formed a partnership with the goal of promoting the widespread adoption of Web3 in Uzbekistan. The partnership...

Blockchain Firm Ledger Confirms Library ConnectKit Compromise


Source: iStock/welcomia Hardware wallet provider Ledger has warned users to avoid connecting to any supported decentralized applications (dApps) using its software due to a compromise in its Library ConnectKit. According to information shared on its X (formerly Twitter) handle, a malicious version...

Bitcoin Exchange CoinMENA Receives Operating License From Dubai’s VARA


Source: Pexels A subsidiary of the Bahrain-based Bitcoin exchange, CoinMENA FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This marks the seventh VASP license issued by the Dubai regulator. In a press release,...

Dubai Grants Climate-based AYA Platform Conditional VARA License


Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...

Unveiling Insights from Magic Labs’ Comprehensive WaaS Selection Guide


In today’s expansive Web3 realm, choosing the right Wallet-as-a-Service (WaaS) provider is a decision of paramount importance for modern, forward-thinking enterprises. In this regard, Magic Labs, a WaaS provider helping businesses onboard users into web3 with instant non-custodial wallet creation...

Coinbase, Conio, Partner to Provide Crypto Services to Italian Banks


Source: AdobeStock / gguy Cryptocurrency wallet firm Conio, partly owned by Poste Italiane and Banca Generali, has partnered with Coinbase to give Italian banks and financial institutions access to digital assets. Conio said it has added Coinbase Prime as a liquidity provider and the agreement...

Safe, Sygnum Bank, CoinCover Partner to Launch Optional Crypto Recovery Hub


Source: Sygnum Smart wallet infrastructure provider Safe is partnering to launch a curated suite of crypto recovery options, dubbed “Safe Recovery Hub.” The service is offered in collaboration with global digital asset banking group Sygnum Bank and the UK-regulated recovery service provider...

Blockchain Firm LayerZero Labs to Launch Native Token in 2024


Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...

Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut


Source: Adobe Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company announced Sunday, its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th. The event marked...

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