by Александр Пирогов | Mar 2, 2023 | Blog News
The French National Assembly has reportedly passed a bill relating to stricter licensing rules for new crypto companies to align with proposed EU standards. The bill mandates France-based VASPs to adhere to stricter anti-money laundering regulations, segregate...
by Александр Пирогов | Mar 2, 2023 | Blog News
Visa and Mastercard have reportedly decided to delay launching new partnerships with crypto companies until there is more clarity in the regulatory framework and the market conditions improve. The spokesperson at Visa stated that the recent high-profile failures in...
by Александр Пирогов | Mar 2, 2023 | Blog News
Binance’s stablecoin, Binance USD, has experienced a significant outflow of almost $6 billion following a recent US regulatory crackdown on its issuer Paxos Trust Company. The US Securities and Exchange Commission (SEC) has previously alleged that the token was...
by Александр Пирогов | Mar 1, 2023 | Blog News
Ras Al Khaimah, one of the seven Emirates of the UAE, will reportedly launch the world’s first free zone dedicated solely to companies operating in the crypto industry. The RAK Digital Assets Oasis (RAK DAO) allows entrepreneurs to have complete ownership of their...
by Александр Пирогов | Mar 1, 2023 | Blog News
Nishad Singh, a former FTX’s engineering director, has reportedly pleaded guilty to six counts of criminal charges and agreed to cooperate with prosecutors to investigate the crypto exchange founder Sam Bankman-Fried. Singh admitted that he knew Alameda Research,...
by Александр Пирогов | Mar 1, 2023 | Blog News
Hong Kong’s Financial Secretary Paul Chan announced during the 2023-24 Budget Speech that he would establish and lead a task force on virtual asset development to enhance the city’s position in the industry. The task force will reportedly be overseen by...