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 […]
Study Reveals Regulatory Challenges for Ukrainian Web3 Startups
A study by the Ukrainian Web3 Institute shows the challenges and opportunities for web3 startups in Ukraine and calls for a clear and supportive regulatory framework. The Ukrainian Web3 Institute, a research and advocacy organization supported by the Ministry of Digital Transformation, has conducted a study titled “Web3 for Ukraine: Talk to Founders”. The study […]
Zipmex Thailand Suspends Trading Amid SEC Issues
Zipmex Thailand, a crypto exchange, has announced that it has stopped accepting new deposits and trading on its platform due to compliance issues with Thailand’s SEC. Customers can still withdraw funds until January 31, 2024. Zipmex Thailand, a crypto exchange that operates in Thailand, Australia, and Indonesia, has halted new deposits and trading on its […]
Crypto Industry Pushes Back on Treasury’s Proposed Regulations
The crypto industry has expressed its concerns and objections to the U.S. Treasury’s proposed regulations, which aim to align crypto reporting standards with those of traditional financial instruments. The industry claims that the regulations are too broad, vague, and unconstitutional. The U.S. Treasury’s plan to impose stricter reporting standards on crypto brokers has faced strong […]
Indian Supreme Court Dismisses Cryptocurrency Petition
A Public Interest Litigation (PIL) that sought to create rules and a set of principles for cryptocurrency trading in India was denied consideration by the Indian Supreme Court. After hearing the case, the bench led by the Chief Justice of India (CJI) reportedly stated that the petitioner’s claims are more legislative in character. The panel, […]