Auto Added by WPeMatico

Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function

The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change…

Continue ReadingNigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function

Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE

The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE).…

Continue ReadingDubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE

Coinbase Obtains Regulatory Approval to Provide Crypto Services in Italy

Nasdaq-listed cryptocurrency exchange Coinbase has obtained regulatory approval to offer crypto services in Italy. “Coinbase is committed to bringing the power of our full product suite to customers across Europe,”…

Continue ReadingCoinbase Obtains Regulatory Approval to Provide Crypto Services in Italy

US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate

U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.”…

Continue ReadingUS Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine…

Continue ReadingDutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law…

Continue ReadingSouth African Court Releases Former Monero Developer Riccardo Spagni From Custody

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for…

Continue ReadingUS and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from…

Continue ReadingGary Gensler Outlines What to Expect From SEC on US Crypto Regulation