In a significant move, Circle and SBI Holdings have joined forces to introduce USDC and Web3 services in Japan. The agreement, sealed on Nov. 27 through a memorandum of understanding, hinges on SBI Holdings registering as an electronic payment instruments service provider in the country. Circle and SBI Holdings are joining forces to boost $USDC […]
The Binance settlement, according to adjunct professor Omid Malekan of Columbia Business School, demonstrates the unclear handling of banks and cryptocurrency companies. The United States’ crackdown on cryptocurrency businesses has sparked disagreement, and developments related to Binance have sparked significant debate about the future of cryptocurrency regulation. Omid Malekan, an adjunct professor at CBS and […]
On the 24th of November, the UK government leaped, accepting the use of blockchain platforms for fund tokenization by authorizing specific funds. This is a proactive measure by the government that portrays its interest in promoting innovations in finance. The groundbreaking proposal, greenlighted officially by the UK government, empowers authorized funds to adopt tokenization in […]
PayPal UK has scored a major win in the cryptocurrency world. It’s now registered with the UK’s Financial Conduct Authority (FCA). This moves PayPal UK Limited closer to performing particular cryptoasset tasks within the UK. If a business wants to get involved in this market, it must have registration approval. Plus, it must follow the […]
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 […]
Spain is gearing up to become a pioneer in the European Union by implementing the Markets in Crypto-Assets (MiCA) Act at a national level, with the new regulations set to take effect in December 2025. The Spanish Ministry of Economy and Digital Transformation made this announcement, signaling a significant move towards regulating the rapidly growing […]