The Financial Conduct Authority (FCA) in the UK is taking a hard line on cryptocurrency firms. The regulator's 2024 annual report reveals that nearly 90% of crypto firms applying for registration in the UK over the past year have been rejected. The FCA's Tough Stance This high rejection rate ...

The second night of the America Loves Crypto tour brought together crypto enthusiasts, political figures, and industry leaders in Las Vegas. The event, held at The Space, highlighted the growing importance of the crypto vote in Nevada, a swing state with a close election history. Crypto is Here ...

Bybit, a major cryptocurrency exchange, has been granted full authorization by the Astana Financial Service Authority (AFSA) in Kazakhstan. This makes Bybit one of the first exchanges to receive such approval. What does this mean for Bybit? The full authorization will allow Bybit to operate as ...

The UK is serious about becoming a leading hub for Web3 innovation, but they're not messing around when it comes to crypto security. The Financial Conduct Authority (FCA) has been cracking down, rejecting a whopping 90% of crypto firm registration applications. Why the Rejections? The FCA is ...

BitGo has expanded its operations within Europe’s crypto market by receiving approval as a custodian under the SIX Exchange Regulation Crypto-Asset Rule. This approval means BitGo can now offer regulated custodial services in Switzerland, complying with Swiss financial regulations. BitGo is ...

Binance has successfully navigated a complex regulatory process and has been granted a full license by the Astana Financial Services Authority (AFSA) to operate in Kazakhstan. This means Binance can now offer a wider range of services including crypto trading, custody, and principal investment ...

The UK's financial watchdog, the Financial Conduct Authority (FCA), has been cracking down on crypto firms, resulting in a high failure rate for registration applications. A Tough Approval Process The FCA has only approved 47 out of 340 crypto firm applications since January 2020, giving them ...

This week, a Freedom of Information Act request shed some light on the US Treasury's investigation into cryptocurrency transactions linked to Hamas. The Wall Street Journal reported that Treasury officials sent Congress a report outlining their probe into $165 million in crypto transactions ...

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Ripple's USD stablecoin (RLUSD) is almost ready to launch. While details are still under wraps, the launch is anticipated to happen within weeks, not months. The stablecoin aims to fill the void left by Circle USDC's depegging from the US dollar. Bitget Research Chief Analyst Ryan Lee has ...

Binance CEO Richard Teng has confirmed that former CEO Changpeng Zhao (CZ) has been barred from managing or operating the exchange, despite retaining a majority stake in the company. Teng stated in an interview that CZ's ban is permanent, not just for three years as previously reported by some ...

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