Crypto.com has taken a significant step forward in the evolving landscape of digital currency regulation by securing in-principle approval for the Markets in Crypto Assets (MiCA) license. This pivotal moment places the company at the forefront of regulatory compliance within the European Union (EU), marking it as the first major global crypto exchange to achieve
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In an era defined by rapid advancements and significant transformations in financial markets, professionals who can adeptly maneuver through complexity are invaluable. Aayush Jindal stands out as such a figure. With an impressive career spanning over 15 years, he has carved a niche for himself within the Forex and cryptocurrency domains. His profound knowledge and
On January 16, 2024, Coinbase announced a strategic collaboration with Morpho, a prominent player in the money market sector, aimed at providing innovative financial services within the cryptocurrency ecosystem. This partnership introduces a groundbreaking service that allows Coinbase users to secure loans in USD Coin (USDC) against Bitcoin (BTC) as collateral. The loans will be
On January 15, 2024, the U.S. Department of Justice (DOJ) announced that BitMEX, along with its parent company HDR Global Trading Limited, was slapped with a hefty fine of $100 million following a guilty plea for breaching the Bank Secrecy Act (BSA). The saga began with allegations that BitMEX exhibited insufficient measures in countering money
In the intricate tapestry of the financial trading world, certain individuals shine as beacons of knowledge and expertise. Among them, Aayush Jindal stands out due to his extensive experience and remarkable achievements over a span of 15 years, particularly in the domains of Forex and cryptocurrency trading. His reputation as a leading technical analyst has
In a world where the boundaries of work and life often blur, Christian epitomizes a journalist’s unwavering spirit. His existence revolves around the pulse of the cryptocurrency market, where he not only reports but also translates complex ideas into accessible insights for a broader audience. Christian’s role at NewsBTC positions him as a vital connector
Tether, the largest issuer of stablecoins, is embarking on a significant transition by relocating its global headquarters to El Salvador. The announcement, made on January 13, highlights the firm’s acquisition of a Digital Asset Service Provider (DASP) license, reinforcing its commitment to the burgeoning digital asset market. This strategic decision signals a deeper engagement with
In a significant advancement for its operations, HashKey Group, a prominent digital asset firm based in Asia, has recently received in-principle approval for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). Announced on January 13, this news has garnered attention as HashKey seeks to strengthen its foothold in
The recent amendment to the Financial Services and Markets Act 2000 (FSMA) by the UK Treasury marks a pivotal shift in how crypto staking is perceived within the regulatory framework. Effective from January 31, the new regulation explicitly excludes crypto staking from the category of collective investment schemes. This move is considered revolutionary for stakeholders
In a significant development for the cryptocurrency sector, Standard Chartered has received authorization to provide crypto custody services in Luxembourg, as announced on January 9. This move is a direct response to the European Union’s Markets in Crypto-Assets (MiCA) framework, a robust regulatory structure designed to harmonize regulations for cryptocurrency businesses throughout the EU. The