Coinbase & Circle Secures Regulatory Approval in France

by Александр Пирогов | Dec 22, 2023 | Blog News

Coinbase has obtained the Virtual Assets Service Provider (VASP) approval from the French regulator Autorité des Marchés Financiers (AMF). This approval enables Coinbase to offer cryptocurrency custody and trading services to both retail and institutional investors in...

New Hong Kong Crypto Rules Pose Challenges for Users

by Александр Пирогов | Dec 22, 2023 | Blog News

A set of rules governing inter-exchange deposits and withdrawals is set to take effect in Hong Kong on New Year’s Eve, creating hurdles for local crypto users. Hashkey Pro, a Hong Kong-based cryptocurrency exchange, outlined the new regulations, including...

Argentina Officially Recognizes Bitcoin for Contract Settlements

by Александр Пирогов | Dec 22, 2023 | Blog News

Argentina’s minister of foreign affairs, international trade, and worship, Diana Mondino, announced that the recent “Bases for the Reconstruction of the Argentine Economy” decree, aimed at economic reform and deregulation, includes provisions...

Bank of China’s Shanghai Branch Completes First Digital Yuan Settlement for Precious Metals

by Александр Пирогов | Dec 22, 2023 | Blog News

The Shanghai branch of the Bank of China has successfully conducted the first-ever settlement of precious metals using the digital yuan. Collaborating with the Shanghai Gold Exchange, the bank finalized a $14 million transaction, marking a significant milestone for...

El Salvador Offers Expedited Citizenship for Bitcoin Donors

by Александр Пирогов | Dec 22, 2023 | Blog News

El Salvador’s Congress has approved a new migration law, championed as a “vital interest” by President Nayib Bukele, allowing foreigners to obtain expedited citizenship by donating Bitcoin to the country’s development projects. The program,...

Elon Musk Announces Mid-2024 Launch for X Payment Services

by Александр Пирогов | Dec 22, 2023 | Blog News

Elon Musk has revealed plans for X to launch in-app payment services by mid-2024 during a conversation with Cathie Wood of ARK Invest. Musk mentioned that the timeline is subject to approval for various money transmitter licenses, indicating the platform’s...