#news #newstoday #tech #technews #latestnews #techupdates #newsupdates HashKey Europe, the subsidiary of Hong Kong-based HaskhKey crypto exchange, has secured an operational licence in Ireland. The Central Bank of Ireland has granted a Virtual Asset Service Provider (VASP) licence to the exchange, which grants the firm permission to offer a variety…
The crypto sector is undergoing a regulatory revamp in several parts of the world, aiming to make the industry safer for its members. Countries that have initiated these frameworks are seeing a spike in the number of Web3 startups, bringing business and opportunities to their citizens. A recent report by…
The European Union (EU) is adding more layers to its crypto-related regulations to ensure that virtual digital assets (VDAs) are not misused by criminals to conduct or finance illicit activities. The European Banking Authority (EBA) has imposed a ‘travel rule’ on crypto firms that will require them to store details…
MiCA — or Markets in Crypto Assets — technical standards have been published by the European Banking Authority (EBA) on Thursday. Ahead of the upcoming July deadline, the EBA has published a detailed set of guidelines around technical standards that Web3 firms operating in the region will soon be mandated…
US-based crypto exchange Coinbase has successfully acquired a licence to operate as a virtual asset service provider (VASP) in France. This also means that Coinbase is now a registered entity with Autorité des marchés financiers (AMF), the French financial markets authority. While Binance has amassed approval internationally outside US, Coinbase…
Belgium’s financial regulator, the Financial Services and Markets Authority (FSMA), has clarified its position on the status of cryptocurrencies like Bitcoin and Ether, stating that crypto assets without an issuer are issued solely by computer code, do not constitute securities. The Belgian government’s position is that cryptocurrencies are more similar…
Different regions around the world, either in clusters or individually, are working on binding the majorly independent crypto sector into legal frameworks in order to make the space safe for investors. In a fresh development, the European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the MiCA legislation….
The European Union has reached an agreement on the Markets in Crypto Assets Regulation (MiCA) framework that spells out how the region should approach the crypto sector. Officials from countries in the bloc signed the framework text into law without any further deliberation, the Council of European Union (EU) said…
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