The U.K.’s Financial Conduct Authority is urging all crypto businesses operating in the country to submit their applications by June 30 to make it for the 2021 deadline. The United Kingdom’s Financial Conduct Authority, or FCA, on Monday urged all national cryptocurrency businesses to submit their registration with the regulatory watchdog. According to the FCA’s […]
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Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. Seychelles-based exchanges led the world in cross-border Bitcoin (BTC) transactions in 2019. What Switzerland is to the world of watchmaking, Seychelles is to the world of crypto exchanges. The small island nation with a total population of less than 100,000, presents a […]
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Estonia is withdrawing permits from hundreds of crypto companies following Europe’s biggest money laundering scandal. Estonia, one of the European Union’s most crypto-friendly countries, is cracking down on hundreds of licensed crypto companies in response to a $220 billion money laundering scandal, according to Bloomberg. Estonia was among the first EU countries to license crypto […]
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Investment firm ETC Group plans to list a Bitcoin ETP on Germany’s Xetra digital stock exchange in late June. London-based ETC Group will list the first crypto exchange-traded product on Germany’s Xetra digital stock exchange this month. Traders in the UK, Italy and Austria will also be able to deal in shares of the new […]
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Crypto custody firms are mostly treated like traditional assets, ignoring the uniqueness of digital assets and its various complexities. The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded […]
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The crypto platform becomes one of the first companies in the industry to achieve the ISO/IEC 27701:2019 certification. Cryptocurrency payment platform, Crypto.com, announced on June 2 that it is one of the first fintech companies to receive ISO/IEC 27701:2019 privacy certification, following a number of third-party audits. According to the announcement, the “Gold standard” certification […]
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Cointelegraph examines where crypto debit cards are available and what options they offer as wider adoption starts to take hold. As a sector, plastic cryptocurrency cards have had a bumpy ride. While for some they are the perfect way to spend those hard-stacked sats, it has evidently been a struggle for crypto companies to provide […]
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InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank. The official announcement represents an important step in creating […]
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Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries. In an announcement on May 28, the exchange revealed that users in the U.K., […]
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Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card. Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin, […]
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