Bitzlato Halts Bitcoin Withdrawals
Bitzlato has placed an indefinite hold on the removal of Bitcoins (BTC) from the site due to legal issues in France. The crypto exchange site Bitzlato declared on December 27 that withdrawals of special balances and technical customer support would no longer be available. In order to get ready for impending legal proceedings about the […]
Coinbase and Circle Get Licenses from French Regulators
Coinbase and Circle have received licenses from the French authorities to operate as virtual and digital asset service providers, respectively. Coinbase, a leading crypto exchange, has been authorized by the Autorité des Marchés Financiers (AMF), the French financial watchdog, to operate as a virtual asset service provider (VASP). This means that Coinbase can take custody of […]
Bitnovo Secures PSAN Registration in France
Bitnovo, a non-custodial cryptocurrency asset service provider, has reportedly registered as a digital asset provider (PSAN). The AMF, France’s Financial Markets Authority, states that Bitnovo can now provide its services in France as a result of this registration. The French financial daily Les Echos claims that the designation of “Digital Asset Service Provider” (PSAN) was […]
Bank of Korea to Launch Infrastructure Pilot for CBDC
Private banks and public institutions will participate in the pilot, and the Bank for International Settlements (BIS) will provide technical support. South Korea researches central bank digital currencies (CBDCs) alongside an increasing number of countries. The Bank of Korea (BOK) will initiate a pilot initiative to investigate the technical infrastructure for a digital currency. The […]
BIS, 3 Central Banks Test Cross-border CBDCs
On September 28th, the Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Under the supervision of the BIS, the Banque de France, the Monetary Authority of Singapore, and the Swiss National Bank […]