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13 Jun 23

Sygnum Singapore gets approval to offer crypto services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Sygnum Singapore has successfully secured in-principle approval of its Major Payment Institution License (MPIL) application from the Monetary Authority of Singapore (MAS). The license enables the bank to offer its clients regulated crypto brokerage services. Sygnum Singapore, the Southeast Asian arm […]

Hong Kong03

25 May 23

OKX expands services to Hong Kong, enabling spot trading

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OKX is expanding its operations to Hong Kong. Users can access P2P transactions or third-party providers like ApplePay, Visa, and Mastercard to purchase cryptocurrencies using HKD. Users will be able to purchase, trade, and convert among many cryptocurrencies, including but not […]

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08 May 23

Liechtenstein explores bitcoin payment option for government services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Liechtenstein’s Prime Minister, Daniel Risch, has announced plans to allow citizens to pay for government services using bitcoin. In a May 7 interview, Risch stated that a bitcoin payment option is coming, without providing further details. The European microstate plans to […]

Metacade02

02 May 23

Bybit begins offering crypto lending services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services. This allows users to earn passive interest income on their idle cryptocurrency assets. According to the announcement made on May 2, users can deposit their unused crypto […]

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30 Apr 23

Hacker reportedly steals bitcoin from Russia’s intelligence services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An unnamed Bitcoin user reportedly hacked hundreds of wallets purportedly controlled by Russian security services, stealing coins and sending them to addresses belonging to Ukrainian volunteers engaged in the war. According to a now-deleted report by on-chain data analysis firm, Chainalysis, […]

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26 Apr 23

CoinLoan halts withdrawals and services following court order

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to incoming reports, the European crypto-lending platform CoinLoan, acting under the license of the Estonian Financial Authority since 2017, halted all its operations following a court notice. Estonian regulators recently prohibited CoinLoan from disposing of any assets without getting direct […]

Metacade announces partnership with Metastudio2

21 Apr 23

Metropolitan Commercial Bank almost done cutting crypto-related services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to a SEC filing, Metropolitan Commercial Bank is almost done terminating its crypto-related services. The bank currently has $278.5 million in deposits tied to cryptos. The bank reported that its withdrawal from the crypto industry was nearly complete and that […]

Bluelight – economic strategy1

19 Apr 23

UAE to issue licenses for businesses with virtual assets services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United Arab Emirates (UAE) government financial regulatory body has stated that it would begin accepting license applications from businesses that want to offer virtual asset services inside the UAE. The UAE is a member of the Gulf Cooperation Council (GCC). […]

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07 Apr 23

EU Parliament pursues EUDI wallet for access to public services

The European Parliament is moving forward with discussions on amending the European Digital Identity (eID) framework and establishing the European Digital Identity Wallet (EUDI Wallet) to offer E.U. citizens a secure and convenient way to access public services. On March 15, the European Parliament approved further discussion on amending the eID framework and establishing the […]

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04 Apr 23

Franklin secures $2.9m for hybrid crypto-cash payroll services

Franklin, a company offering tax-compliant hybrid crypto and cash payroll solutions for businesses, has raised $2.9 million in a seed funding round led by gumi Cryptos Capital and CMT Digital. Franklin offers hybrid crypto and cash payroll services compliant with tax regulations for businesses and startups. It has secured $2.9 million in seed funding. The […]

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