These guidelines apply to all Virtual Assets Service Providers (VASPs) in the area. The objectives of the VARA apply to all kinds of outreach. Cryptocurrencies were always intended be utilized widely. Many large organizations and countries have publicly stated their support for cryptocurrency. In particular, Dubai has been on the
The country’s central bank banned crypto one month ago. Severe economic sanctions have been imposed on Afghanistan. The Taliban starts targeting anyone who deals in crypto. Bloomberg reports that the Taliban government in Afghanistan is detaining cryptocurrency traders who continue to operate after being told to halt. One month after
Polygon has secured $450 million significant funding round earlier this year. Three blockchain-based gaming firms have received funding from Symbolic’s fund. Polygon, a layer two scaling platform built on Ethereum, has secured $450 million significant funding round earlier this year. Sandeep Nailwal, co-founder of the protocol, has revealed that he
The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan
Conflict in Europe and skyrocketing interest rates in the US have put cryptocurrencies in the midst of one of the worst market crashes in the technology’s history. Bitcoin and Ethereum dropped more than 70 percent since the peak of last year’s bull run, while several high-profile crypto companies shut their
The licensing process for Bitstamp is active across all the territories. As per ECB, MiCA will help create a unified legal framework for digital assets. In an interview on Monday, the CEO of Bitstamp, Jean-Baptiste Graftieaux, discussed his thoughts on cryptocurrency regulation. He explained that Bitstamp has licensing journey across
PayPal and the Coinbase TRUST Network have collaborated. TRUST Network only had 18 members as of February, but it has since quickly expanded to 38. PayPal joined with Coinbase Travel Rule Universal Solution Technology (TRUST) network to comply with the financial industries Coinbase announced that “Coinbase is delighted to announce
On August 16 Newton announced that they officially registered with the Ontario Securities Commission(OSC). Many modifications were made to the Newton platform to safeguard investors from hazards. To “protect customers” despite stricter laws, Canadian cryptocurrency exchanges Bitbuy and Newton are implementing a $30,000 (CAD) annual “buy limit” for “restricted coins”
Innovation is the driving force of the cryptocurrency market. New projects are introduced into the market every day. The best way to find out what you stand to gain from a crypto token is by checking through its utilities. If it has a strong use case, then it has the
The World’s Largest Blockchain & Crypto Conferences network, Blockchain Economy Summit has just closed the previous chapter in Istanbul – Türkiye with more than 3,000 utterly satisfied participants from 82 countries all over the world. KuCoin, Gate.io, Bitget, BitMex, XT.com, OKX, Uphold were just some of the sponsors of this
