by Александр Пирогов | Jul 26, 2023 | Blog News
UK Financial Conduct Authority (FCA) announced on 20 July the launch of its Digital Sandbox, a permanent platform designed to support tech firms in early product development stages. Starting from 1 August, the platform provides a secure testing environment for...
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...