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Paxos to acquire Membrane Finance to expand into EU market

Paxos, a prominent stablecoin issuer, has reached an agreement to acquire Membrane Finance, a Finland-based electronic money institution, in a strategic move to gain access to the European Union. This acquisition comes about five months after the EU’s stablecoin regulations, part of the broader Markets in Crypto Asset (MiCA) framework, were implemented. Crypto firms are […] дальше »

2024-11-19 19:10


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Trump’s crypto policies may inspire China’s digital asset growth, HashKey CEO suggests

As tech tensions between the US and China deepen, cryptocurrency could become a new frontier for competition. US President-elect Donald Trump’s pro-crypto stance, promising clearer regulations and potential industry support, may spur China to reconsider its approach to digital assets, according to HashKey Group’s chairman and CEO, Xiao Feng. In an interview with the South […] дальше »

2024-11-15 18:49


UK Regulator Justifies Tough Crypto Crackdown Amid Industry Pushback

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Related Reading: Crypto […] дальше »

2024-10-22 02:00