Crypto.com Approved to Operate in Spain
Crypto.com, a crypto exchange, has registered as a virtual asset service provider with the Central Bank of Spain. This registration allows Crypto.com to offer various goods and services to customers in Spain. It also comply to stric rules, including anti-money laundering directives and other financial crime prevention laws, ensuring user protection and safety. By obtaining […]
United States VP Discusses Dangers of AI with Top Tech CEOs
The Vice president of the United States, Kamala Harris, and President Joe Biden’s top advisers met with several CEOs of the AI industry to discuss concerns about the risks associated with AI use. On May 4, U.S. Vice President Kamala Harris met with the CEOs of OpenAI, Microsoft, Google, and the AI startup Anthropoid. She […]
Gemini launches derivatives platform outside U.S amid regulation
A platform for non-US derivatives has been launched by the crypto exchange Gemini to serve customers in 29 countries and territories. Gemini’s move to relocate its business outside of the US market is a continuation of a trend among cryptocurrency businesses to look for more hospitable regulatory settings abroad. Gemini has launched Gemini Foundation, a […]
Australian Crypto Exchange Coinjar Eyes U.S. Expansion
Australian cryptocurrency exchange Coinjar is looking to expand its presence in the United States, according to CEO Asher Tan. Asher Tan, the CEO and co-founder of Coinjar, said in a May 1 interview with The Australian that he remained bullish about the sector despite the current trend of U.S. crypto companies voicing their discontent with […]
NY Fed Begins 12-week CBDC Pilot Program With Major Banks
Major banks including BNY Mellon, Citi, U.S. Bank and Wells Fargo will be issuing tokens and settling transactions through CBDC pilot program. A 12-week proof-of-concept pilot for a central bank digital currency, or CBDC, was announced by the Innovation Center of the Federal Reserve Bank of New York, or NYIC. The program will investigate the […]