Category: Regulation
Kraken Subsidiary Granted Service Provider License to Operate in Ireland
A recent statement conveyed by Kraken confirmed that the subsidiary of the San-Francisco headquartered crypto exchange secured approval for the service provider license. Ireland Grants…
SEC Chair Gensler Noncommittal if Ether Qualifies as Security in Congressional Hearing
The pronouncements made by Gary Gensler during the contentious five-hour hearing before the House Financial Services Committee were noncommittal if Ether is either a security…
Top Hong Kong Virtual Bank to Facilitate Fiat-Crypto Conversions and Transfer
The biggest virtual bank in Hong Kong, ZA Bank is moving to bridge the gap between crypto and fiat currencies in the region. The bank…
Binance’s Market Share Plummet Following the Abolition Zero-Fee Trading
On April 4, a newsletter issued by a Kaiko analyst revealed that the largest crypto exchange Binance has witnessed a dip in its trading volume…
Bermuda Premier reveals interest in cryptocurrency, lures companies
According to a recent development, the Bermudan government has renewed it’s efforts in showing the world that it is still committed to becoming a center…
WonderFi Partnering with Coinsquare and CoinSmart to Launch Crypto Platform
The prominent tech firm in Canada WonderFi has closed a mergers and acquisition deal with Coinsquare Ltd and CoinSmart. The M&A report dated April 3…
Banks’ in UK Rejecting Crypto Investors, Cites Regulation Pressure
A recent report from the UK revealed that the crypto firms in the region are experiencing challenges in acquiring banking services. Crypto investors in the…
BTC Approaches $29K in April, ETH Rebounds
The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, had a positive start in April as both coins appeared to stabilize after a turbulent…
Tron’s CEO Justin Sun Seeking a Crypto Regulatory Position
On March 31, the founder of the decentralized trading platform Tron Justin Sun updated his Twitter account revealing plans to step down from his ambassadorial…
US Future Regulators Develop New Crypto Compliance Regulations for Members
The American National Futures Association (NFA) has issued its members a new crypto compliance rule. A report issued by the NFA group on March 29…
