Thursday, May 2, 2024
Home > Regulatory (Page 12)

Ripple Gets In-Principle Regulatory Approval to Operate in Singapore

The license will allow Ripple to provide better support to its “forward-looking customers”, as well as facilitate the process of building a “more inclusive and borderless financial system”.  Blockchain solutions provider Ripple has been granted in-principle approval of the Major Payments Institution License from the Monetary Authority of Singapore (MAS). As a

Read More

Bakkt research shows investors remain interested in crypto despite regulatory uncertainties

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bakkt Holdings’ research report reveals sustained interest in cryptocurrencies among market participants, emphasizing the need for regulatory clarity in driving adoption. Fintech firms a gateway for crypto adopters In its latest crypto ecosystem study, Bakkt Holdings Inc (NYSE:

Read More

Coinbase Takes Preemptive Legal Measures to Navigate Regulatory Storm

In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively

Read More

Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns

Canadian citizens are being advised to double-check crypto trading service providers as they may be using “fictitious” regulatory bodies to boost their credibility.According to a June 20 Investor Alert from the Canadian Securities Administrators (CSA) some “purported” crypto platforms are claiming to be approved by certain regulatory authorities or dispute

Read More

Deutsche Bank awaits regulatory approval to offer digital asset custody services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to a BNN Bloomberg report, Deutsche Bank — a leading global financial institution — has recently submitted an application to the German securities regulator, Bafin, seeking approval to provide custody services for digital assets, including

Read More

Binance cancels registration in the UK amid regulatory scrutiny

Troubled cryptocurrency exchange Binance continues to withdraw from major markets amid the ongoing pushback from global regulators.Binance Markets Limited (BML), Binance’s United Kingdom-based subsidiary, has officially canceled registration with the Financial Conduct Authority (FCA).After deregistration, no Binance entity is authorized by the FCA to provide any services in the United

Read More

Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America

“Digital asset sentiment remains poor as the U.S. Securities and Exchange Commission’s (SEC) enforcement actions create regulatory uncertainty, pressuring token prices,” analysts Alkesh Shah and Andrew Moss wrote, adding that “digital asset trading platforms are just one piece of the broader ecosystem.” Source

Read More