Crypto.com’s entrance to the Dutch market comes a few weeks after Binance exited the country due to regulatory hurdles.  Leading digital asset service provider Crypto.com has successfully registered its business offerings with the Dutch central bank to offer crypto services in the Netherlands. In an announcement on June 28, the company said it obtained approval…
The Beam wallet has been designed atop Ethereum Layer-2 blockchains such as Coinbase’s Base and Optimism for facilitating faster crypto transactions at low cost. Money and payments platform Eco announced the launch of its cash-like crypto wallet Beam backed by some of the biggest players and notable digital asset investors. This includes names such as…
The move is expected to boost the usage of non-fungible tokens (NFTs) within the gaming industry. Animoca Brands, a gaming and metaverse heavyweight has bet big on the crypto super app hi by investing $30 million into the project. According to the firm, the move is expected to boost the usage of non-fungible tokens (NFTs)…
The fund will be audited independently by PwC, one of the world’s leading professional services organizations. A&G, a prominent Spain-based financial entity focused on private banking, has announced its entry into the crypto market with the launch of the country’s first-ever crypto fund. With €12.4 billion ($14 billion) in assets under management as of the…
Based on the changing regulatory landscape ad the new banking standards, the OSFI is changing rules for the holding of digital assets. On Wednesday, July 26, Canada’s top financial watchdog proposed changes to its capital and liquidity rules for holding crypto assets. As per the Office of the Superintendent of Financial Institutions (OSFI), the newly…
The passage of these proposed legislations marks a pivotal moment for the crypto industry as it seeks a clear and unified regulatory framework. The United States House Financial Services Committee has taken a significant step toward providing regulatory clarity to the cryptocurrency industry. On July 26, the Committee, including Reps. Jim Himes and Ritchie Torres,…
As of now, Binance retains the majority of the crypto market share despite the regulatory challenges. Binance has withdrawn its application for a crypto license in Germany, citing the changing situation in the global market and regulation. Earlier in June, reports emerged suggesting that the German Federal Financial Supervisory Authority (BaFin) declined the exchange’s license…
Investors’ tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted by Broadridge Financial Solutions sheds light on the fact that key metrics such as tokenomics and network performance are often overlooked by investors. This finding raises questions about the extent…
The Blockchain Association, a nonprofit organization advocating for pro-innovation policies in relation to Bitcoin, has called for an investigation into the Securities and Exchange Commission (SEC) and its approval of Prometheum Ember Capital as a Special Purpose Broker Dealer (SPBD). In a letter to the Inspector General of the SEC, the association raises concerns about…