Belgian financial regulator FSMA to regulate crypto exchange services
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000).
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Blockchain and crypto can be a boon for tracking financial crimes
The notion of crypto being a tool for money laundering is often propagated by naysayers that include policymakers with a stake in the traditional financial system.
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an…
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid…
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists…
Binance Limits Services to Russian Users to Comply With EU Sanctions
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions…
Crypto Exchange Coinbase Launches Web3 Social Marketplace for NFTs in Beta
Nasdaq-listed crypto exchange Coinbase has launched a Web3 social marketplace for non-fungible tokens (NFTs) in beta. In addition, the exchange noted that for a limited time, there will be no…
Brain drain: India’s crypto tax forces budding crypto projects to move
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions.
Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity…
Is asymmetric information driving crypto’s wild price swings?
Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed.
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