Kraken Exchange Receives EMI in Ireland, VASP in Spain
Kraken has obtained an Electronic Money Institution (EMI) license from the Central Bank of Ireland and a virtual asset service provider (VASP) license from the Bank of Spain. According to an announcement on September 26, the EMI license enables Kraken to expand its euro-to-cryptocurrency trading services to 27 European Union (EU) and European Economic Area […]
Taiwan Prohibits Unregistered Foreign Crypto Exchanges
In addition to local platforms such as Maicoin, prominent global cryptocurrency trading companies like Binance, ByBit, and Kraken have also actively provided services to customers in Taiwan. The Financial Supervisory Commission (FSC) of Taiwan is taking steps to enhance the safeguarding of cryptocurrency investors by introducing new regulations . On September 26, the FSC outlined […]
Hong Kong’s SFC to Publish ‘Suspicious’ Crypto Platforms
Hong Kong’s Securities and Futures Commission has announced that it will publish a list of crypto trading platforms that pose a security risk. The Securities and Futures Commission (SFC), one of Hong Kong’s primary financial regulators, has pledged to intensify efforts to combat unregulated cryptocurrency trading platforms within its jurisdiction. The SFC announced on September […]
Bybit Terminates UK Services Citing New FCA Regulations
Leading cryptocurrency exchange Bybit has announced plans to halt its operations in the United Kingdom (UK) by next month. The decision comes in response to the UK’s Financial Conduct Authority (FCA) announcing new regulations that would take effect the following month. As a result, starting on October 1, Bybit will no longer accept new UK […]
FTX Files Lawsuit Against Former Hong Kong Affiliate Staff
To recover $157.3 million, the bankrupt crypto exchange FTX has filed a lawsuit against former Hong Kong affiliate company employees. According to court documents, defunct cryptocurrency exchange FTX filed a lawsuit on September 21 against former employees of Hong Kong-based company Salameda, which was previously affiliated with the FTX group. In its court filing, FTX […]