Category: Cryptocurrency

Bankman-Fried jailed ahead of his October trial
September 12, 2022 BY Steffy Bogdanova

FTX Ventures plans to acquire 30% stake in SkyBridge Capital

The deal follows a multi-year partnership between SkyBridge and FTX partnership to sponsor global SALT conferences in North America, Asia and the Middle East, and co-present Crypto Bahamas, the institutional digital assets conference that launched in April 2022. With the new deal, the two firms will expand their collaboration on venture and digital asset investing…

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September 11, 2022 BY Steffy Bogdanova

Huobi Group obtains license to operate in the British Virgin Islands

Huobi Group CFO Lily Zhang commented: This landmark approval makes Huobi the first licensed digital asset exchange for institutional-grade derivative products in the British Virgin Islands. It is a testament to our experience, professional knowledge, and track record in the global cryptocurrency industry. CFO Zhang added: We see a huge market opportunity in cryptocurrency derivatives,…

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September 08, 2022 BY Steffy Bogdanova

Apifiny announces integration with Fireblocks

The integration will remove the need to individually manage and key in the deposit address for every transfer for Apifiny users. They will now only have to complete a one-time setup to connect their account with a Fireblocks Network wallet. Once they are connected, users can settle with any of the more than 20 connected…

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August 26, 2022 BY Alan Sayer

Crypto Exchange Zipmex Requests Meeting With Thailand's SEC

In a statement, Zipmex said:  "We have requested meetings with Thailand's Securities Exchange Commission and regulators in the country where we operate to introduce our investors to regulators and present our recovery plan to government agencies." While Zipmex, who operates across various countries in the Asia Pacific region, did not mention who the investors may…

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Crypto.com
August 23, 2022 BY Steffy Bogdanova

Crypto.com announces completion of SOC 2 Type II Compliance audit

Jason Lau, Chief Information Security Officer of Crypto.com, said: Achieving SOC 2 Type II certification is yet another step in reinforcing Crypto.com’s continuous commitment to security and data privacy by design. With the ever-evolving threat landscape, we will continue to ensure we maintain the highest level of security and data privacy so our customers can…

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Ripple
August 22, 2022 BY Steffy Bogdanova

Ripple introduces RippleNet’s ODL in Brazil

By using ODL, Travelex will deliver near instant settlement and constant access to liquidity, allowing its customers to better grow and scale their business. Travelex will support payments between Mexico and Brazil at launch, however the company revealed plans to support more corridors and use cases, including internal treasury and bulk small and medium-sized enterprises…

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August 17, 2022 BY Steffy Bogdanova

Paysafe gains registration as a VASP in Italy

The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…

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UK FCA grants regulatory approval to Crypto.com
August 17, 2022 BY Steffy Bogdanova

Crypto.com secures regulatory approval from UK FCA

Earlier in March, Crypto.com made several senior hires in the UK. The company appointed a UK General Manager and a Global Head of Sustainability and ESG. In recent years, the UK has been a promising market for cryptocurrency with a 650% increase in adoption from 2018 to 2021, according to research by BanklessTimes. Crypto.com continues…

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Revolut
August 16, 2022 BY Steffy Bogdanova

Revolut gains CySEC approval to offer crypto services in Europe

Revolut applied for authorisation in Cyprus to ensure it is under European regulations before the enforcement of EU's Markets in Crypto-Assets regulation (MiCA). MiCA aims to provide customer protection and fight scams, money laundering and other financial crime in the crypto world. The digital bank has also applied for registration in the UK with the…

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Binance secures in-principle approval in Kazakhstan
August 15, 2022 BY Steffy Bogdanova

AFSA grants Binance in-principle approval to operate in Kazakhstan

Gleb Kostarev, Regional Head of Asia at Binance, said: This is a landmark achievement for Binance in Kazakhstan. We are grateful to the Astana International Financial Centre for their support and vision in granting Binance Kazakhstan this in-principle license approval. The independent regulator AFSA regulates activities relating to digital assets in Kazakhstan and the wider…

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