by Александр Пирогов | Jul 1, 2023 | Blog News
The world’s largest cryptocurrency exchange, Binance, has reportedly been denied a cryptocurrency custody licence by German regulator BaFin. Binance did not disclose conversation details with the regulator, but said it would continue to work to ensure compliance with...
by Александр Пирогов | Jul 1, 2023 | Blog News
A report from the Atlantic Council reveals that 130 nations, which account for 98% of the world’s economy, are considering digital versions of their currencies. Among these nations, nearly half of them are in the advanced stages of development, pilot, or launch. With...
by Александр Пирогов | Jul 1, 2023 | Blog News
Bankrupt FTX is actively pursuing a revival of its crypto exchange FTX.com. Efforts are underway to attract investors for supporting its potential relaunch, possibly by forming a joint venture. The company sought Chapter 11 bankruptcy protection in the US last year....
by Александр Пирогов | Jul 1, 2023 | Blog News
Paysafe Payment Solutions Ltd, the European banking partner of Binance, is reportedly ending its support for the cryptocurrency exchange from 25 September. Binance’s spokesperson said the exchange will seek a new service provider to handle Euro deposits and...
by Александр Пирогов | Jul 1, 2023 | Blog News
Nevada regulators are taking steps to close cryptocurrency custodian Prime Trust due to the company’s deteriorating financial condition. The Nevada Financial Institutions Division (FID) has submitted a court filing demanding cessation of all Prime Trust’s business...
by Александр Пирогов | Jul 1, 2023 | Blog News
Web3 firms in Hong Kong are reportedly making substantial investments, ranging from HKD 20 million to HKD 200 million to secure Virtual Asset Service Provider (VASP) licenses, as reported by Foresight News. This comes after the introduction of the new VASP licensing...