{
Cryptocurrency Regulations

SubCategory

}
El Salvador grants Bitget Bitcoin license amid significant profit surge
El Salvador's Central Reserve Bank has granted Bitget a Bitcoin Service Provider license, allowing the exchange to offer Bitcoin-related services in the country. This comes as the nation celebrates an unrealized profit of approximately $362 million from its Bitcoin holdings, valued at over $632 million. Bitget is also seeking a Digital Assets Service Provider license to expand its offerings and plans to establish a local team to enhance support for users in the region.
CryptoSlate
United States Dollar Bitget Token USD SLV Nayib Bukele
Finance & Economy, News Article
17:00 16.12.2024
Bitget secures Bitcoin license to expand operations in El Salvador
Bitget has secured a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank, allowing it to offer various Bitcoin-related services in the country. The company is also pursuing a Digital Asset Service Provider license to expand its offerings and plans to establish a local team to support the region's digital economy. This move aligns with El Salvador's proactive approach to crypto adoption, further solidifying its status as a global digital asset hub.
Crypto News Flash
Bitget Token USD SLV
Finance & Economy, News Article
16:00 16.12.2024
bitpanda gains approval to expand operations in the united arab emirates
Bitpanda has received in-principle approval from the UAE's Virtual Assets Regulatory Authority (VARA) to operate as Bitpanda Broker MENA DMCC, marking its first expansion outside Europe. The company has established an office in Dubai and aims to leverage the region's growing demand for digital assets, launching products like Bitpanda Fusion for active traders. This move aligns with Bitpanda's strategy to enhance its global presence while adhering to local regulatory requirements.
CoinCodeCap
ARE DEU Eric Demuth
Finance & Economy, News Article
15:47 16.12.2024
Borderless.xyz achieves SOC 2 Type 1 certification enhancing stablecoin security standards
Borderless.xyz has achieved SOC 2 Type 1 certification in its inaugural year, underscoring its commitment to risk management, operational excellence, and cybersecurity in the stablecoin industry. This accreditation enhances customer confidence in the security of their sensitive information and transactions, as the company aims to meet and exceed industry standards. CEO Kevin Lehtiniitty emphasized the importance of safeguarding data and operations within a compliant and risk-averse environment.
CryptoPotato
United States Dollar Kevin Lehtiniitty
Finance & Economy, Press Release
15:28 16.12.2024
Bitpanda gains approval to expand operations into the UAE market
Bitpanda has secured in-principle approval from the Virtual Asset Regulatory Authority (VARA) to expand into the UAE, positioning Dubai as a strategic hub for its international growth. The approval indicates compliance with regulatory standards, although further conditions must be met for full operational licensing. Additionally, Bitpanda has partnered with Societe Generale to promote the adoption of its euro-denominated stablecoin, EUR CoinVertible, as a key element of global finance.
Cointelegraph
Euro Societe Generale SA AUT ARE Eric Demuth
Finance & Economy, Press Release
15:05 16.12.2024
borderless xyz achieves soc 2 type 1 certification enhancing stablecoin security standards
Borderless.xyz has achieved SOC 2 Type 1 certification in its inaugural year, underscoring its commitment to risk management and cybersecurity in the stablecoin sector. This accreditation enhances customer confidence in the security of their sensitive information and transactions, as the company aims to set industry benchmarks for operational controls. CEO Kevin Lehtiniitty emphasized the importance of maintaining a robust and compliant environment for their global payment capabilities.
Crypto News Flash
United States Dollar Kevin Lehtiniitty
Finance & Economy, Press Release
15:00 16.12.2024
trump's presidency and the future of cryptocurrency regulation in the us
Donald Trump's upcoming presidency is seen as a potential turning point for the cryptocurrency industry, with promises to position the U.S. as a global crypto hub and roll back existing regulations. However, concerns remain about the lack of a clear regulatory roadmap and the potential for increased partisanship in crypto discussions. Critics warn that Trump's personal investments in crypto could create conflicts of interest, while advocates hope for a more innovation-friendly environment under his administration.
mitrade.com
United States Dollar Robinhood Markets, Inc. USA Donald Trump Chris Perkins Nik Bhatia Vitalik Buterin Virginia Canter Vlad Tenev Steve Witkoff Joe Biden Paul Atkins Charles Hoskinson Eric Trump Show more
Finance & Economy, Blog Post
14:10 16.12.2024
surge of tokens bridged to solana driven by lower fees and speed upgrades
Over the past week, over $300 million in tokens, including more than $200 million from Ethereum, have been bridged to Solana, driven by its lower transaction fees, speed upgrades, and attractive DeFi staking yields. This surge reflects a growing interest in Solana's interoperability and investment opportunities compared to Ethereum. In a separate incident, a meme coin linked to Drake's compromised X account surged to $4.9 million in trading volume, only to be revealed as a scam, highlighting the risks associated with celebrity endorsements in the crypto space.
crypto.news
STAKE USD USA CAN Doja Cat Cardi B Drake Show more
Finance & Economy, Market Report
12:59 16.12.2024
solana poised for bullish recovery amid technical signals and market dynamics
Solana's price recently dipped 16.8% from its annual peak, yet technical and fundamental indicators suggest a bullish outlook. With a market cap of $105 billion, Solana is a strong competitor to Ethereum, excelling in decentralized exchanges and innovative projects like HiveMapper and Helium. Positive technical patterns and potential regulatory easing could drive a significant price recovery, targeting $264 and possibly $400 in the near future.
Cointribune
United States Dollar Google Inc. New Era Helium, Inc.
Finance & Economy, Market Report
11:05 16.12.2024
top crypto wallets of 2024 for security and earning potential
As cryptocurrency adoption surges, the demand for secure and user-friendly wallets grows. The top wallets of 2024 include Plus Wallet, MetaMask, OKX Wallet, Zengo, and Binance Wallet, each offering unique features like strong security, cross-chain compatibility, and earning potential. Plus Wallet stands out for its dual rewards system and extensive asset support, making it a top choice for users seeking both security and passive income opportunities.
Crypto News Flash
Finance & Economy, Market Report
10:07 16.12.2024
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Ali Martinez Donald Trump Michael J. Saylor Elon Musk Charles Hoskinson Bill Gates Fred Thiel Jack Dorsey Jacob King Brian Armstrong Aaron Green Gary Gensler Karin Keller-Sutter Mario Nawfal Alan Santana Richard Schueler Roger J. Hamilton Steven Rossi Jane Dietze Brian P. Brooks

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