crypto regulations

Turkey is reportedly drafting new regulations to govern crypto assets to convince the Financial Action Task Force (FATF), a global body responsible for combating financial crimes, to remove it from the “grey list” of countries that have not done enough to combat terrorist financing and money laundering. During a discussion with a parliamentary commission on […]

European crypto exchange Bitstamp has announced that it will halt its services in Canada from January 8, 2024. The crypto firm did not give a clear reason for the departure. Bitstamp USA CEO and global chief commercial officer Bobby Zagotta expressed gratitude to their Canadian clients and stressed that it was “not a decision we […]

The Shanghai No.2 Intermediate People’s Court in China explained that Bitcoin (BTC) has emerged as a unique digital asset based on several characteristics, including its scarce nature. On September 25, the court released a report titled “Legal Attributes and Judicial Disposal of Digital Currency,” emphasizing the legal issues surrounding digital data and currency when compared […]

Coinbase has secured Anti-Money Laundering (AML) compliance registration from the Bank of Spain as an official crypto exchange and custodian wallet provider. The registration enables Spanish users to confidently store their digital assets on Coinbase, as well as engage in selling and buying crypto assets using the euro. Vice President of International and Business Development […]

A recent report by Chainalysis has highlighted the re­markable growth and resilience­ of Sub-Saharan Africa in the crypto market. Despite­ accounting for only 2.3% of the global cryptocurrency trading volume, the­ region has demonstrated impre­ssive progress. The re­port spans from July 2022 to June 2023, providing valuable insights into this area’s unique­ digital currency landscape. Nigeria emerged […]