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Search Results for: European Union

UK Soon to Implement Crypto Regulation Says City Minister

According to a British lawmaker, the UK could implement regulations governing digital assets within the next 12 months. The economic secretary to the U.K. Treasury, Andrew Griffith, stated in an interview with CNBC on April 17 that the long-term goal is to “let firms make the most of the opportunities

April 19, 2023 2 mins read

Crypto to Your Pockets: Solana’s Saga on Market From May 8

Solana is yet to launch the new smartphone named ‘Saga’, an Android smartphone focused on Web3-based platforms. This will be releasing soon on May 8th of 2023, exclusively for crypto gamers.  Become legendary. Watch the official @solanamobile Saga Launch Event Livestream 🌱 https://t.co/X70F1l3PwJ — Solana (@solana) April 13, 2023 The

April 14, 2023 2 mins read

Economic Power Shift: BRICS Nations Outpace G7 in Global GDP

The BRICS countries, comprising Brazil, Russia, India, China, and South Africa, have surpassed the G7 nations in economic might. When purchasing power parity is considered, these nations hold the top spot and form the largest global gross domestic product (GDP) bloc. The new, better world! BRICS countries led by China

April 9, 2023 2 mins read

EU Authorities Approve Payment Limits on Non-KYC Crypto Users

As part of a sweeping revision of anti-money-laundering regulations. Lawmakers in two influential committees of the European Parliament decided to place restrictions on payments. Specifically made by individuals who cannot prove their identity. Plans to establish a new European Union Anti-Money Laundering Agency, AMLA, and prohibit firms from receiving significant

March 28, 2023 2 mins read

USDC Issuer Circle Applies For Regulatory Approval in France

Circle, the company behind the USD Coin (USDC) stablecoin, has submitted an application for regulatory authorization in France. In order to legally operate in France, the company has applied to become both an Electronic Money Institution (EMI) and a DASP (Digital Asset Service Provider). On March 21, Circle issued a

March 21, 2023 1 min read

Coinbase CEO Brian Armstrong Demands For Clear Crypto Regulations

Brian Armstrong, CEO of Coinbase, a cryptocurrency exchange, has urged lawmakers to establish clear crypto regulations. In addition to Armstrong, many others have voiced their dissatisfaction with the ambiguity of U.S. crypto policy, claiming that it makes it impossible for businesses to operate within the law. Yet, Gary Gensler, head

February 18, 2023 2 mins read

Crypto Exchange Bitstamp Receives License to Operate in France

Bitstamp cryptocurrency exchange is now officially registered by the French Financial Markets Authority. This made it identical to competitors Binance and Crypto.com, both of which had previously won approval from the regulator. Bitstamp has been recognized by a number of European nations already. Bitstamp has been approved by France’s central

February 13, 2023 1 min read

Russia’s Alfa-Bank Launches Digital Asset Platform Post Approval

According to a report by the Russian business news outlet RBC, Director of Innovation at Alfa-Bank Denis Dodon announced the introduction of a platform called “A-Token” that would enable the issuing of digital financial assets (DFAs). The bank was permitted to do so after the Bank of Russia declared on

February 6, 2023 1 min read