OKX has received one of the first MiCA (Markets in Crypto-Assets) licenses, allowing it to extend its services to 28 European Economic Area (EEA) countries. This regulatory approval, which follows OKX's receipt of the MiCA license on January 27...
The European Securities and Markets Authority (ESMA) has proposed new guidelines to assess the competence of crypto-asset service providers' staff across the European Union. On February 17, 2025, the regulator published a consultation paper outlining proposed rules aimed at...
Australian Transaction Reports and Analysis Centre (AUSTRAC) is increasing its enforcement actions against non-compliance in Australia's digital currency exchange sector after addressing issues with remittance services and crypto providers. The agency has targeted 13 digital currency exchanges, with over...
Straits Millennium Pte Ltd, a subsidiary of Straits Financial Group, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license enables the company to provide digital payment token (DPT)...
Michigan has become the 20th U.S. state to explore a digital currency-backed reserve with the introduction of House Bill 4087. Sponsored by Representatives Bryan Posthumus and Ron Robinson on February 13, the bill proposes allowing the state treasurer to...
Bitget has officially received regulatory approval to offer its crypto services in Bulgaria, marking another step in its European expansion. The crypto exchange announced today, February 14, 2025, that it has secured a Virtual Asset Service Provider (VASP) license...
Coinbase is reportedly working on re-entering the Indian market over a year after ceasing operations. According to a report from TechCrunch, the U.S. headquartered crypto exchange has initiated discussions with Indian authorities, including the Financial Intelligence Unit (FIU), to...
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are reportedly looking into options for collaborating on regulating cryptocurrencies. According to Fox News journalist Eleanor Terrett, who referenced sources in a post on X...
In 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, catapulting itself into the global spotlight. President Nayib Bukele's Bitcoin Law promised a revolutionary economic transformation—from tackling financial exclusion to reducing remittance...
Hester Peirce, a Commissioner at the United States Securities and Exchange Commission (SEC), has suggested that many memecoins may not fall under the agency's oversight due to the current regulatory framework. In an interview with Bloomberg, Peirce explained that...
