Tag: vasps
Bank of Spain Approves Its First VASP License
The 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…
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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.
UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.
Coinbase launches a collaborative effort to comply with FATF guidelines.
Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and in which way are still a mystery for traders and holders.…
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Chainalysis report finds most NFT wash traders unprofitable
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.
Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela
PayMaya and Facebook Novi Philippines Receive Virtual Currency Exchange License from the BSP
By Shiela Bertillo Mobile e-wallets Paymaya and Novi Philippines Inc. are now added to the list of firms licensed by
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Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks
Ransomware has become the biggest threat to online security, affecting all industries connected to the internet – from supply chains, to healthcare institutions. Therefore, a critical part of Binance’s commitment to ensuring the secure and sustainable growth of the global crypto ecosystem involves fighting different strains of ransomware and fraud. Earlier this year we released a […]
The post Binance Helps Take Down Cybercriminal Ring Laundering $500 Million in Ransomware Attacks appeared first on The Daily Hodl.
Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report
Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial stability, they have potential to be incorporated into the market. The Hong Kong Monetary Authority thinks stablecoins have potential In a discussion paper that
The post Hong Kong’s Central Bank Says Stablecoins Have Capacity To Enter Mainstream Financial System appeared first on CoinGape.
South Korean blockchain security firm Uppsala expands into NFT custody space
Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cyber security, recently announced the expansion of their business in the NFT (non-fungible token) custody area. In the recent months since the NFT space expanded exponentially, a number of cases related to damaged assets emerged […]
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