Stablecoin Users Alert: Brazil Eyes Ban On Withdrawals To Self-Custody Wallets

As part of its efforts to keep up with changes in the financial world, the Brazil Central Bank (BCB) wants new rules on virtual currencies, especially stablecoins. The Central Bank said in a press release on November 29 that there would be a public consultation notice with a plan on how to regulate virtual asset […] дальше »

278 +

LATAM crypto adoption grows: Bolivia surges past $75M, sports tokenization on the rise

In this week’s LATAM crypto update the use of virtual assets has increased to more than $75 million in just four months as a result of new laws issued by the Central Bank of Bolivia. The latest regulatory framework, established on June 25, 2024, by Resolution 082/2024, has resulted in a 112% growth in virtual […] дальше »

295 +

Bitcoin remains ‘niche phenomenon,’ Swiss central bank says

Despite the substantial growth of crypto prices in recent years, Switzerland remains wary of virtual currencies, said Swiss National Bank Chairman Martin Schlegel. The Swiss National Bank remains cautious about crypto as Chairman Martin Schlegel stressed on Thursday, Nov. 7,… дальше »

237 +

Bolivia reports 100% rise in virtual asset trading

Bolivia saw a 100% increase in trading volumes of virtual assets between July and September. The increased volume comes after Banco Central de Bolivia lifted a long ban on Bitcoin. Bolivia’s central bank lifted the ban in June this year. дальше »

276 +

Bitpanda partners with CoinMENA to boost crypto adoption

Crypto exchange Bitpanda and trading platform CoinMENA have announced a strategic alliance aimed at bolstering the latter’s efficiency. CoinMENA has operational licenses from the Central Bank of Bahrain and the Dubai Virtual Asset Regulatory Authority (VARA). дальше »

341 +

Ghana’s central bank announces draft guidelines for crypto service providers

Ghana’s central bank has published draft guidelines for Virtual Asset Service Providers. According to the Bank of Ghana’s Aug. 16 draft, the nation has witnessed a spike in demand for cryptocurrencies, prompting the need for regulations to counter the various… дальше »

287 +

UAE Central Bank introduces new Stablecoin regulations

The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »

367 +

A Closer Look at Crypto Casino Regulations and Compliance

Crypto casinos are sites that use virtual currencies like Bitcoin (BTC) instead of fiat currencies. As crypto casinos grow in success, central authorities are starting to create rules and laws on how they operate. дальше »

149 +

Crypto exchange Bitstamp registered to operate in Spain

Recent reports indicate that the Spanish Central Bank registered Bitstamp to offer virtual asset services in Spain. Bitstamp is just one of the many crypto exchange networks seeking registration in different countries in the EU region. This registration race continues… дальше »

329 +

BIS Announces Successful Completion Of CBDC For Cross-border Transactions

The world is gradually heading towards a cashless society such as CBDC making cash payments obsolete. When this happens, fiat currencies might no more be in use. So central banks are aggressively launching Central Bank Digital Currencies for easy virtual transactions. дальше »

335 +

Egyptian Central Bank has this message for its cryptocurrency traders

The Central Bank of Egypt (CBE) has warned Egyptian citizens against dealing with encrypted virtual assets, including cryptocurrencies, due to the associated risk, reported the Egypt Independent. The post Egyptian Central Bank has this message for its cryptocurrency traders appeared first on AMBCrypto. дальше »

369 +

Uruguay Proposes to Bring Digital Assets Under Central Bank Control With New Crypto Bill

A bill granting the Central Bank of Uruguay (BCU) the authority to control virtual assets was submitted to the country's parliament. The post Uruguay Proposes to Bring Digital Assets Under Central Bank Control With New Crypto Bill appeared first on BeInCrypto. дальше »

353 +

Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets

The project must be approved by the country’s Chamber of Deputies and its Senate before becoming law. дальше »

398 +

Philippines to Block New Virtual Asset Licenses for Three Years

In a memorandum dated August 10, The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP) says in September, the regular application window for new Virtual Asset Service Provider licenses (VASP) will wind down for three years, and will be a subject to reassessment on the current market developments. дальше »

406 +

Philippine Central Bank Halts Bitcoin, Crypto Service Provider Approvals For Three Years

The central bank stated virtual asset service providers pose a great risk but will allow existing businesses to continue operations or expand. дальше »

369 +

Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years

The Philippines' central bank is closing its application window for new virtual asset services providers (VASP) licences for three years from Sept. 1. дальше »

303 +

Gemini becomes Ireland’s first approved Virtual Asset Service Provider

Gemini is officially the first Virtual Asset Service Provider (VASP) to be approved by the Central Bank of Ireland. The post Gemini becomes Ireland’s first approved Virtual Asset Service Provider appeared first on CryptoSlate. дальше »

297 +

Gemini первой в Ирландии получила лицензию провайдера цифровых активов

Криптовалютная биржа Gemini получила одобрение ЦБ Ирландии на деятельность в качестве провайдера услуг на рынке цифровых активов. We are thrilled to announce that Gemini is the first company to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. дальше »

419 +

Gemini Becomes First Registered Virtual Asset Service Provider in Ireland

Gemini has received approval from the Irish Central Bank to serve as a Virtual Asset Service Provider. It's the first crypto exchange in the country to register as a VASP. The post Gemini Becomes First Registered Virtual Asset Service Provider in Ireland appeared first on BeInCrypto. дальше »

294 +

Crypto exchange Gemini now registered as Virtual Asset Service Provider (VASP) in Ireland

Gemini, the popular bitcoin exchange company, announced today it has become the first company to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. VASP registration follows Gemeni’s Electronic Money Institution (EMI) authorization in February of 2022, also from the Central Bank of Ireland. дальше »

422 +

Sri Lankan officials maintain crypto snub despite economic collapse

The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12.  It confirmed that no entities are authorized to carry out digital asset activities, warning that users have no protection should they fall victim to “various types of VC [virtual currency] schemes. дальше »

464 +

Binance secures Virtual Asset Services Provider license from Spanish central bank

Binance CEO Changpeng ‘CZ’ Zhao announced on July 8 that subsidiary company Moon Tech Spain had secured a Virtual Asset Services Provider (VASP) license from the Bank of Spain. The post Binance secures Virtual Asset Services Provider license from Spanish central bank appeared first on CryptoSlate. дальше »

440 +

Binance Secures Registration in Spain Through Its Moon Tech Subsidiary

Crypto exchange Binance's Spanish subsidiary, Moon Tech Spain, has been granted registration as a virtual asset services provider (VASP) by the country's central bank. дальше »

253 +

Taiwan’s Central Bank Finds NFTs As Inappropriate, Warns General Public To Stay Away

Though non-fungible tokens have suddenly risen within the digital space, their growth has some insecurities too. More people embrace NFTs and their numerous opportunities in the virtual world. Increased focus goes on the several use and application of NFTs. дальше »

328 +

Cuba embraces crypto regulation with new directive

The Cuban central bank issued new directives for virtual assets service providers operating in the country to increase regulation of the crypto industry, Reuters reported. The post Cuba embraces crypto regulation with new directive appeared first on CryptoSlate. дальше »

289 +

Cuba’s Central Bank Announces Digital Asset License For Crypto Companies

The Cuban central bank released regulations for virtual asset service providers on Tuesday, a move that some experts believe could help the Communist-run Caribbean island avoid hefty US sanctions. Cuban Central Bank Announces Crypto License The Central Bank of Cuba (BCC) has declared that virtual asset service companies would be granted licenses. The license will […] дальше »

404 +

Cuban Central Bank to license Virtual Asset Providers

The Central Bank of Cuba (BCC) has announced that it will provide licenses to…

The post Cuban Central Bank to license Virtual Asset Providers appeared first on Coin Journal.

376 +

El Salvador to launch first Metaverse casino as industry told to embrace technologies

El Salvador is known within the Bitcoin and cryptocurrency community as being one of the world’s leaders in regard to adoption of virtual currency and making it a legal form of tender, and it seems the Central American country is looking to make a major splash in a whole new way now. дальше »

272 +

Governor Of Hungary’s Central Bank Has Just Proposed EU-Wide Ban On Bitcoin

Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year. дальше »

356 +

Thailand’s biggest shopping center trialing digital currency

Central Retail Corp, a major Thai retail company, has announced a test of its virtual currency, “C-Coin.”

320 +

DeFi Live to Host a 2-Day Virtual and In-Person Event, 40 Crypto Speakers including CEOs and Founders Scheduled to Attend

DeFi Live will host a two-day virtual and in-person event to showcase some of the hottest projects and the biggest breakthroughs in the scene.  High Profile Crypto Speakers Lined Up The event, scheduled for November 10 and 11 in central London, also draws the best brains in co-founders, educators, entrepreneurs, and executives from the wildlyRead More дальше »

447 +

Buy Virtual Lands in El Salvador Now

El Salvador is a small Central American country of just over 6 million people. It has a rich, indigenous cultural heritage and its capital, San Salvador, is one of the most iconic cities in the world. дальше »

320 +

New Zealand Considers Issuing Its Own CBDC

On Thursday, the Reserve Bank of New Zealand (RBNZ) announced its consideration to venture into (CBDCs) Central Bank Digital Currencies. CBDCs have taken root in the global economy. The move comes after regulators worldwide move to take hold of the virtual currencies industry. дальше »

423 +

Cuba to start regulating the use of crypto in commercial transactions

The Cuban Central Bank (BCC) is planning to start regulating the use of cryptocurrencies in commercial transactions. The authority unveiled this news through an official gazette on August 26, saying it intends to support the use of certain virtual assets in commercial transactions for socioeconomic reasons. дальше »

318 +

PBOC to Maintain High Regulatory Pressure on Crypto Trading for the Rest of 2021

China's central bank held a meeting to discuss work priorities for the second half of the year. It vowed to continue to put high regulatory pressure on virtual currency trading in the second half of the year. дальше »

428 +

PBOC Issues a Warning Against Providing Advertising and Marketing Services to Crypto Businesses

The Central Bank of China canceled a Beijing company that provides software services for virtual currency transactions and closed its website as no institution may provide services to companies dealing with cryptocurrencies. дальше »

280 +

Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far

Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). дальше »

339 +

China’s AgBank Vows to Crack Down on Cryptocurrency Transactions

According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies. дальше »

378 +

PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions. дальше »

331 +

All these banks must strictly implement 'Notice on preventing Bitcoin risks'

It's no secret that China is not a fan of cryptocurrencies. To reaffirm its objection towards the use of virtual currencies, China's central bank interviewed 5 banks and Alipay and requested them to nThe post All these banks must strictly implement 'Notice on preventing Bitcoin risks' appeared first on AMBCrypto. дальше »

370 +

Cryptocurrency payments are now banned in Indonesia

Indonesia’s central bank has cracked down on the use of cryptocurrencies for making payments. The announcement was made by the bank’s governor Perry Warjiyo during a virtual seminar on June 15. дальше »

399 +

Major Crypto Exchanges Looking to Enter the Indian Market

Kraken, KuCoin, and Bitfinex are reportedly working towards establishing a business presence in India’s crypto market. The move is despite the lack of clarity in the country’s approach to virtual currency regulations and the central bank’s continued criticism of the industry. дальше »

429 +

Reserve Bank of India Directs Banks & Regulated Entities to Stop Deplatforming Crypto Customers

However, the central bank wants the banks and financial institutions to continue customer due diligence for transactions in Virtual Currency. The post Reserve Bank of India Directs Banks & Regulated Entities to Stop Deplatforming Crypto Customers first appeared on BitcoinExchangeGuide. дальше »

498 +

What Edward Snowden Thinks “Dragon Level” Wealth Will Do To Bitcoin

Former Central Intelligence Agency (CIA) computer consultant Edward Snowden talked in the Ethereal Virtual Summit 2021. The main subject, Privacy Coins, NFTs, decentralization and its relationship with freedom. дальше »

439 +

Ireland Adopts AMLD5; Virtual Asset Service Providers Given Three Months to Register

In a statement released on Tuesday, the AMLD5 from the Financial Action Task Force (FATF) has been transposed into Irish law on Friday, April 23, 2021. The directive, now Irish law, forces virtual asset service providers (VASPs) to register with the Central bank of Ireland within the next three months and comply with all Know-Your-Customer […] The post Ireland Adopts AMLD5; Virtual Asset Service Providers Given Three Months to Register first appeared on BitcoinExchangeGuide. дальше »

372 +

Bank of Japan Commences the First Phase of Virtual Currency Assessments

Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022. дальше »

388 +

A Detailed Guide on CBDC: Central Bank Digital Currencies

What is a CBDC? A CBDC, or a “central bank digital currency,” is a virtual rendering of a country’s government backed, central bank controlled currency, as you can probably glean from the title. In other words, they can be called a national cryptocurrency. дальше »

368 +

IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies

The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that cryptocurrencies were being used “for illegal transactions such as money laundering and drug trafficking.” […] дальше »

492 +

Philippines’ Central Bank Issues New Guidelines to Curtail Money Laundering Among Virtual Asset Service Providers (VASPs)

Local Philippines news source, the Philippine Daily Enquirer, has reported this week that the country's central bank now requires Crypto financial service firms to be fully licensed with the BSP. дальше »

370 +

Here’s why Stellar (XLM) price trades 200% higher this week

Stellar (XLM) price exploded over 80% yesterday to bring total weekly gains to about 200% after being selected by Ukraine to work on the central bank digital currency. Fundamental analysis: Major cooperation agreed The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation signed a deal to work together on developing the virtual assets ecosystem and create a Ukrainian digital currency. дальше »

404 +