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UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
31.1.2023
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18
16.1.2023
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils
29.12.2022
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such...
China plans to launch a regulated NFT marketplace
29.12.2022
China has announced its plans to launch the first regulated NFT marketplace in the country. The tentative date for the marketplace launch is January 01, 2023. It will allow users to trade digital items and copyrights related to them. Experts in the country have welcomed the move with a hint that...
Crypto will be regulated as securities — ICE boss and Senator Warren
7.12.2022
Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto
US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’
3.12.2022
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures...
Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse
1.12.2022
"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures
FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source
1.12.2022
A deal to buy Digivault, which is winding down operations, would include a crypto license in the United Kingdom
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
1.12.2022
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager...
Binance acquires regulated crypto exchange in Japan
30.11.2022
Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity
Binance Enters Japan With Acquisition of Regulated Crypto Exchange Sakura
30.11.2022
Binance bought Sakura Exchange BitCoin (SEBC), a Japanese crypto exchange regulated by the country's Financial Services Agency (FSA), for an undisclosed amount
IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
24.11.2022
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country...
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...
Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023
18.11.2022
USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
Kenya to deal with the MSCI-regulated FDI inflow warning
3.11.2022
Kenya is seemingly up against a foreign direct investment (FDI) related dilemma according to the information released by the New York-based Morgan Stanley Capital International (MSCI) Inc.,. For this very reason, the country has come under a watch list. It is now one of all identified markets which...
Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency
28.10.2022
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able...
UK Lawmakers Vote to Recognize Crypto As Regulated Financial Instruments
25.10.2022
The lower house of the parliament voted in favor of adding crypto assets to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins
UK Seeks to Recognize Crypto as Regulated Industry
21.10.2022
The measure was welcomed by an industry that had complained U.K. rules would be limited to stablecoins, though it may be affected by ongoing political turmoil in the country