Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer of 2022, underscoring the ongoing operational challenges posed by crypto’s enduring bear market. Yahoo Fi...
Tag: cryptoasset
Federal Bank agencies alert Banks & issue crypto-asset risk highlights
Through an official joint statement, the Federal bank regulatory agencies happened to have cautioned the banking institutions against the key areas involving high-risk factors where the crypto assets ...
PrimeXBT Awarded ‘Most Trusted Crypto-Asset Trading Platform’ at Crypto Expo Dubai
[PRESS RELEASE – Please Read Disclaimer] PrimeXBT, a global multi-asset platform offering a comprehensive suite of trading products and cryptocurrency services, has announced the company was the recip...
Crypto-Asset Platforms Are Getting More Integrated Into The Traditional Financial System
Advertisement     On October 3, 2022, the Financial Stability Oversight Council (FSOC) released its report in response to US President Joe Biden’s Executive Order on “...
EU Bans All “Crypto-Asset Wallets, Accounts, or Custody Services” For Russia
– Advertisement – European Union (EU) Tightens Crypto Restrictions on Russia in a Fresh Set of Sanctions. The European Union has tightened restrictions on Russian crypto wallets in its eig...
Basel Committee crypto-asset prudential treatment proposals get detailed responses
The comment period has ended for the Basel Committee on Banking Supervision’s (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. Int...
ECB Reaffirms Its Focus On The Harmonization Of Crypto-Asset Regulations ⋆ ZyCrypto
Advertisement     The European Central Bank has restated its commitment to push for an all-around regulation on crypto assets to boost confidence in the financial syst...
Crypto.com Secures Registration Approval as Cryptoasset Business From UK Regulator – crypto.news
Major crypto exchange Crypto.com has announced it has received regulatory approval from the Financial Conduct Authority (FCA) in the UK as a cryptoasset business. This registration will allow Crypto.c...
Crypto.com secures UK registration for ‘cryptoasset activities’
Digital asset exchange Crypto.com has just been given the green-light for “certain cryptoasset activities” in the United Kingdom, after receiving registration confirmation from the Financial Conduct A...
EU’s MiCA Aims To Bring Greater Clarity To Crypto-Asset Market
Global regulators are taking a gradual approach to establish rules and standards for the cryptocurrency space. It looks like that order for transparency and clarity is the common direction of authorit...
The EU moves to regulate the crypto-asset market
On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU’s main legislativ...
Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license » CryptoNinjas
Hex Trust, a fully licensed and insured provider of bank-grade custody and associated services for crypto-assets in Asia, announced today it has obtained provisional approval from the Government of Du...
Dahab Alealam: Major Muslim crypto-asset set to launch the Open Token Sale
In the Muslim world, the crypto economy is strengthening its foundations. In early May 2022, Arab News announced the use of Bitcoin as a means of payment by Emirates, a major airline. Cryptocurrencies...
Nigeria issues crypto-asset directive
The Nigerian Securities and Trade Commission has issued new rules for issuing, trading, and holding virtual assets in the country. The news comes 20 months after the Commission expressed its stance on...
Bank Of Uganda Warned Traders Against Cryptoasset Business
May 10, 2022 at 13:00 // News The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business. The central bank has not allowed any co...
EU bans providing ‘high-value crypto-asset services’ to Russia
The Council of the European Union has cut Russians off from certain cryptocurrency services as part of a package of restrictive measures against Russian President Vladimir Putin’s “brutal aggression a...
Wintermute launches ‘NODE’ platform to improve crypto-asset OTC trading
Wintermute, an algorithmic market maker in crypto-assets operating since 2017, today announced Wintermute NODE, its flagship platform that allows institutional investors, blockchain natives, and high ...
Binance Gains Crypto-Asset Provider License in Bahrain
Global crypto exchange giant, Binance announced on Tuesday that it has received a crypto-asset service provider license from the Central Bank of Bahrain (CBB). It came more than a couple of months aft...
Asian crypto-asset announced the completion of SOC 2 certification
Hex Trust, a crypto-asset custodian located in Asia, announced today that it has completed its SOC 2 – SOC for Service Organizations: Trust Services Criteria examination, which was performed by Deloit...
Evaluating Crypto-Asset Risks Will be Top Priority in 2022, Says FDIC Report
The Federal Deposit Insurance Corporation (FDIC) has listed evaluating crypto asset risks as one of its top priorities for the year. In addition to evaluating risks related to crypto, other priorities...
Cryptoasset Insurer Evertas Granted Lloyd’s Of London Coverholder Status
CHICAGO, Feb. 03, 2022 (GLOBE NEWSWIRE) — Evertas announced its approval as a Lloyd’s of London coverholder. This coveted designation will permit Evertas to significantly expand access to insurance ...