by Александр Пирогов | Jul 26, 2023 | Blog News
UK Financial Services Minister Andrew Griffith has refuted a report published by the Parliament’s Treasury Select Committee in May to regulate cryptocurrencies as gambling rather than financial service due to significant risks posed by unbacked cryptocurrencies to...
by Александр Пирогов | Jul 26, 2023 | Blog News
Kuwait’s Capital Markets Authority (CMA) announced a complete ban on most cryptocurrency-related activities, including payments, investments, and mining, according to a circular released on 18 July. This includes prohibiting local regulators from licensing businesses...
by Александр Пирогов | Jul 26, 2023 | Blog News
Nasdaq has reportedly suspended the rollout of its own cryptocurrency custody service, which was initially scheduled for a Q2 2023 launch. The decision comes in response to regulatory uncertainty in the US, as announced by CEO Adena Friedman during the Q2 results...
by Александр Пирогов | Jul 26, 2023 | Blog News
Societe Generale has reportedly become the first company in France to secure a licence for cryptocurrency services, reflecting a growing trend of mainstream financial firms adopting crypto this year. The French bank’s crypto division, Forge, has been authorised to...
by Александр Пирогов | Jul 26, 2023 | Blog News
US Securities and Exchange Commission (SEC) has formally acknowledged applications for spot bitcoin exchange-traded funds (ETFs) from six firms, including BlackRock. Bitwise, VanEck, WisdomTree, Fidelity, and Invesco have also had their applications accepted by the...
by Александр Пирогов | Jul 26, 2023 | Blog News
Following the US court’s decision on the lawsuit against Ripple (XRP), XRP’s trading volume has risen significantly, making it the most traded cryptocurrency in a month, as per a report by Kaiko. The report shows a 61% increase in XRP trading since the court’s ruling....
FINMA Updates on Licensing Status for Portfolio Managers and Trustees in Switzerland
Hong Kong’s SFC Warns Public About Linkbex for Suspected Virtual Asset Fraud
Latvia’s Saeima Re-Elects Two Members to the Council of Latvijas Banka for a Second Term
FATF Updates Grey List: List of New Jurisdictions Added for Increased Monitoring for Regulatory Authority across Globe
US SEC Reviews Nasdaq’s Proposal to List Canary HBAR ETF Under Commodity-Based Trust Shares Rule in Collaboration with BitGo Trust Company Inc. and Coinbase Custody Trust Company, LLC