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Tag: vasps

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs)...

Litecoin’s Privacy Upgrade Raises Concerns from Korean Crypto Exchanges

<!-- --> Litecoin’s privacy-centric Mimblewimble upgrade has crypto exchanges in Korea worried about how to accommodate LTC holders in a compliant...

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai. The Dubai Virtual Asset Regulatory Authority...

Winklevoss’ Gemini Payments obtains e-money operator license in Ireland

Gemini Payments, an affiliate entity of crypto exchange Gemini led by billionaire investor twins Cameron and Tyler Winklevoss, has been granted an electronic money (e-money) operator license by the Central bank of Ireland.

The post Winklevoss’ Gemini Payments obtains e-money operator license in Ireland appeared first on CryptoSlate.

Bybit Earns Membership With VerifyVASP, Expands Cross Border Reach

Crypto-Derivatives-Leader-Bybit-Enters-Spot-Trading (2)Bybit announces becoming a member of the VerifyVASP alliance. Bybit brings cryptocurrencies transactions on its platform. Bybit’s participation will help ...

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Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors

As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion. […]

Most Prominent Crypto Regulation Cases in 2021–2022

There is a noticeable shift in the global economy toward digital currencies. They present a great alternative to its fiat counterparts because they are transparent, decentralized and not controlled by any government. Cryptocurrencies are becoming increasingly popular due to their advantages, causing the crypto industry to grow rapidly. While some governments consider cryptocurrency a fringe […]

The post Most Prominent Crypto Regulation Cases in 2021–2022 appeared first on The Daily Hodl.

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

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.

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

Regulator Says UAE 'Closer to Issuing the Regulatory and Supervisory Framework' for VASPsThe United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting closer to “issuing the regulatory and supervisory framework related […]

US Treasury urges crypto exchanges to register with FinCEN

The Treasury says all US crypto exchanges should register with FinCEN as the industry faces pressure to align with Russian sanctions.

The post US Treasury urges crypto exchanges to register with FinCEN appeared first on Protos.

A new bill seeks to legalize cryptocurrencies in Brazil.

Brazil is all set to become the latest country in Latin America to legally recognize digital currencies, with a new pro-Bitcoin bill heading to the Senate for its approval. The bill has been in the works for three years now and will regulate the day-to-day uses of digital assets. First introduced in 2019, the bill was unanimously […]

Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets

bank of SpainThe Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while […]

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