Tag: EU

OKX has temporarily suspended its DEX aggregator services following attempted misuse by North Korea’s Lazarus Group, a notorious hacking collective behind the $1.5 billion Bybit hack. In a March 17 statement, the exchange said the decision was made proactively after consulting regulators. OKX cited security concerns over the group’s coordinated ...

Gemini has taken a significant step forward in its European expansion strategy by securing in-principle approval for an Investment Firm license in Malta. According to a February 11 blog post, the Malta Financial Services Authority (MFSA) 's approval paves the way for the company to offer regulated crypto derivatives, including ...

Bitpanda has become the first major crypto platform to secure the MiCAR (Markets in Crypto-Assets Regulation) license, granted by Germany's Federal Supervisory Authority (BaFin). This allows Bitpanda to expand its services across all EU member states under a unified regulatory framework. The MiCAR license solidifies Bitpanda's position as a leader ...

Boerse Stuttgart Group, via its subsidiary Boerse Stuttgart Digital Custody GmbH, has become Germany's first crypto asset service provider to secure a European Union(EU)-wide license under the Markets in Crypto Assets (MiCA) Regulatory Framework.  This achievement positions the company, already Germany's largest stock exchange provider, as a leading regulated infrastructure ...

The European Securities and Markets Authority (ESMA) is reportedly advocating for mandatory external audits of cybersecurity defences within cryptocurrency companies, as outlined in a report by the Financial Times on Wednesday. Though specific sources weren't cited, the report suggests the ESMA is pushing for lawmakers in the European Union's parliament ...

Robinhood Crypto has introduced crypto transfers for its European customers. They can now buy, sell, and hold over 35 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDC, according to a recent press release.  As part of the launch, Robinhood is offering a 1% deposit match on all crypto deposits for a ...

Ireland is working closely with the European Union’s regulatory agencies and authorities to align the country’s stance with the Markets in Crypto-Assets (MiCA) regulation, according to Central Bank Deputy Governor Derville Rowland. Rowland revealed this during her speech at the Association for Financial Markets in Europe (AFME)'s 8th Annual European ...

Swiss digital asset bank Sygnum has revealed plans for expansion in the European Union and Asia following a profitable first half of 2024. The bank reported significant growth across its services, with crypto derivatives trading surging 500% and spot trading volumes seeing a two-fold rise compared to the same period ...

The European Union Agency for Law Enforcement Cooperation (Europol)’s latest report, has flagged significant concerns within the cryptocurrency ecosystem, particularly regarding non-fungible tokens (NFTs) and Bitcoin exchange-traded funds (ETFs).  According to the “Internet Organised Crime Threat Assessment (IOCTA) 2024” report, while large-scale fraud involving NFTs has not yet materialised, the ...

Microsoft has reportedly decided not to join OpenAI's board amid escalating regulatory scrutiny of the Artificial Intelligence(AI) firm. According to Bloomberg, the tech giant communicated this decision in a recent letter to the OpenAI board. In the letter, Microsoft expressed confidence in the company's direction, noting the progress made by ...