Dubai’s VARA Sets Licensing Deadline for Crypto Firms
Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. Local cryptocurrency businesses have been ordered by Dubai’s Virtual Assets Regulatory Authority (VARA) to register or receive a license by November 17 at the latest. According to the statement, companies may only be allowed to […]
Kraken Launches its Services in Belgium Through EU Subsidiary
Kraken, an American cryptocurrency exchange, is using its EU subsidiary to introduce its products in Belgium. Crypto exchange Kraken opens its doors to Belgium as part of its commitment to double down on its European presence. The San Francisco-based cryptocurrency exchange announced the change in a blog post on November 7. It claimed the action […]
Addressing Concerns: Fair Play and Random Number Generators in Online Casinos
Online casinos have experienced exponential growth in recent years, offering players the convenience and thrill of gambling from the comfort of their own homes. With this surge in popularity, concerns about the fairness and integrity of online casino games have become a pressing issue. In this comprehensive article, we will delve deep into the world […]
OPNX Gets VASP License in Lithuania for Spot Crypto Trading
On November 8, OPNX exchange acquired a virtual asset service provider license (VASP) OPNX in Lithuania, authorizing it to offer spot crypto trading services across the European Union. This license would necessitate that the exchange “maintain the utmost standards of compliance and security,” according to the announcement. The team has already implemented a “robust” Know […]
EBA Proposes Liquidity Guidelines for Stablecoin Issuers
The European Banking Authority (EBA), the banking authority of the European Union, has proposed a new set of guidelines that will establish minimum capital and liquidity requirements for stablecoin issuers. To prevent bank runs and contagion during a crisis, the brand-new liquidity guidelines guarantee that the stablecoin can be redeemed rapidly, even during volatile market […]