Cryptocurrency Analysis and News Portal
NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday.“With an increase in scams relating to cryptocurrency and regulatory uncertainty around Binance in the United Kingdom, we want
Read MoreThe Digital Regulatory Cooperation Forum (DRCF) has submitted its response to the Department of Digital, Culture, Media and Sport (DCMS) on the
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The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, all eyes are on the European Union and its bespoke approach to regulating crypto
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India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur.Unicas reportedly allows customers to access fiat and crypto services at the bank, and provides digital loans using crypto holdings as collateral. The bank aims to launch 50 branches across
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The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations.The solution to this problem would be the introduction of a special “regulatory
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Hawaii is letting more companies play in its no-license-necessary digital currency sandbox.The state reopened applications for Digital Currency Innovation Lab (DCIL) hopefuls on Monday, raising the possibility that yet more crypto exchanges and service providers could soon do business in the historically restrictive-to-crypto islands. State law requires crypto companies maintain
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How do you feel about regulation? The question is ambiguous enough to be practically meaningless. You can get a feel for someone’s career, risk appetite and political inclination by gauging their reaction to that simple question. It begs the question of what the purpose of regulation is, and whether
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The mea culpa was mum on Coinbase's broader troubles in keeping global trading running smoothly. Source
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Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License and the green light to commence full operations.The Singapore-based securities services firm for institutional clients was admitted entry to the MAS regulatory sandbox on Nov.
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The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider. Source
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