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Tag: VASPs

Data platform SAS acquires financial risk management firm Kamakura

Data analytics provider SAS has acquired financial risk management firm Kamakura Corporation for an undisclosed sum. SAS snaps up Kamakura as FIs anticipate tough economic...

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DeFi, NFT access at stake as FATF travel rule takes effect in South Korea

Tag Template - News Hub PRO PlatoBlockchain Data Intelligence | Vertical Search AI Flexibility allowed in new rule requiring crypto companies to comply with anti-money laundering guidelines leads to some confusion.

Binance Receives Dubai Virtual Asset Provider (VASP) License to Operate in Dubai

Binance Receives Dubai Virtual Asset Provider (VASP) License to Operate in Dubai

Bahrain and the United Arab Emirates have embraced an innovation-friendly attitude. CBB successfully tested JP Morgan’s crypto payment system in

The post has appeared first on thenewscrypto.com

Pro-crypto Candidate Yoon Suk-Yeol Wins South Korea’s Presidency

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South Korea is set to have a new president in May following a win by Yoon Suk-Yeol who platformed on crypto deregulation, among other issues

The post Pro-crypto Candidate Yoon Suk-Yeol Wins South Korea’s Presidency appeared first on Blockworks.

South Korean Crypto Providers Book $2.7B Net Profit for 2021

Seoul South Korea

The country is a well-known hub for trading, with about 3.8% of the population owning some form of cryptoasset

The post South Korean Crypto Providers Book $2.7B Net Profit for 2021 appeared first on Blockworks.

Senate Approves Bill seeking to legalize cryptocurrencies in Brazil

Brazil could become the latest country to legally recognize cryptocurrencies, with a new bill heading to the Senate for approval.

The post Senate Approves Bill seeking to legalize cryptocurrencies in Brazil appeared first on CryptoSlate.

Elliptic Partners With NEAR Protocol to Improve On-Chain Security

The London-based blockchain analytics firm Elliptic has partnered with NEAR protocol to help onboard billions of users to Web 3.
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Russian Finance Ministry moves ahead with its Bitcoin regulation proposal despite the central bank’s objection.

Russia could soon legalize cryptocurrencies despite ongoing calls to ban them by the country’s central bank. The country’s Finance Ministry is moving ahead with its Bitcoin regulation proposal, and in its latest move, it has introduced a bill to parliament seeking to make cryptocurrencies legal. More and more countries are now moving towards regulating cryptocurrencies.  […]

UAE Will Issue Crypto Licenses While Trying To Become Industry Hub

UAE will issue crypto licenses as a part of its efforts to become a global crypto hub as we can read more today in our blockchain latest news. The United Arab Emirates is preparing to issue federal licenses for crypto-assets and service providers by the end of the quarter in a bid to attract more […]

President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change

peruJulio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with local media, Velarde said the Bank did not consider bitcoin a payment method. Instead, Velarde referred to it as a “highly volatile […]

Bank of Spain Approves Its First VASP License

spainThe Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service provider (VASP). While this is […]

UAE to Strive for Virtual Service Provider Licenses before Q2

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In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022. (Read More)

The UAE is reportedly planning to issue a federal crypto license for virtual asset service providers.

The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the legislation that would allow virtual asset service providers (VASPs) to establish themselves in the country, reported Bloomberg. A national crypto licensing legislation would help UAE with its goal to become a leading crypto-friendly jurisdiction.   The regulators are working on […]

Read full post The UAE is reportedly planning to issue a federal crypto license for virtual asset service providers. on Chaintimes.com.

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