Millions of potential Australian crypto investors are currently "sitting on the sidelines," waiting for more straightforward regulations around the market, according to a new report from local crypto exchange Swyftx. The report, based on a survey of 2,229 adult...
Nigeria's Securities and Exchange Commission (SEC) is reportedly preparing to initiate enforcement measures against businesses and individuals participating in unregulated cryptocurrency transactions. Emomotimi Agama, Director-General of the agency, announced that it would soon take action against entities offering cryptocurrency...
Binance is one step closer to becoming Kazakhstan's first fully regulated crypto exchange. According to a September 6 announcement, Binance Kazakhstan, the exchange's local branch, has received "formal consent" for a full regulatory license from the Astana Financial Services...
Blockchain analytics firm Chainalysis has raised concerns about the potential use of domestic crypto exchanges by the Russian government to evade international sanctions. In a recent report, the firm highlighted two crypto platforms, Garantex and Exved, as potential resources...
India’s financial regulator may grant two foreign-based crypto exchanges approval to operate in the country by March 2025. According to a report by local media outlet Business Standard, the country’s Financial Intelligence Unit (FIU) is currently reviewing registration applications...
Howard Lutnick, CEO of financial asset management firm Cantor Fitzgerald, has highlighted regulatory challenges as a significant barrier to increasing Bitcoin adoption among traditional financial institutions. In a recent post on X, Lutnick explained that U.S. banks are hesitant...
The European Central Bank is gearing up to take on the dominant American and Chinese payment systems with the launch of a digital euro, according to Piero Cipollone, a member of the ECB’s executive board. In an interview with...
Binance CEO Richard Teng has declared that the exchange is making significant investments in regulatory compliance to establish a strong and sustainable platform for its global user base. Speaking at a panel session during the ongoing Korea Blockchain Week...
Nexo has resumed accepting registrations from UK clients as of Tuesday, 24, 2024, after implementing several upgrades to comply with the requirements of the UK's financial regulator, the Financial Conduct Authority (FCA). The crypto lending platform suspended new registrations...
OKX has announced that its local branch, OKX SG Pte. Ltd., has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS). Meanwhile, Gracie Lin, a former official of the regulatory agency, has been...
