Switzerland’s Crypto Innovation: Insights from Lugano

by Александр Пирогов | Apr 2, 2024 | Blog News

Amidst ongoing Bitcoin price volatility, the recent developments in Switzerland, particularly in the city of Lugano, offer significant signals for the crypto industry’s future. While short-term price fluctuations dominate investor discussions, understanding...

Deribit Receives Conditional VASP License in Dubai, Relocates Global Headquarters

by Александр Пирогов | Apr 2, 2024 | Blog News

Deribit, the world’s leading crypto derivatives exchange, has achieved a significant milestone by receiving a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This makes Deribit the first...

Tornado Cash Co-Founder Files Motion to Dismiss Money Laundering Charges

by Александр Пирогов | Apr 1, 2024 | Blog News

Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has filed a motion to dismiss all three charges against him alleging money laundering and violations of the International Emergency Economic Powers Act. Storm’s lawyers argue that he cannot be...

Tinkoff Bank Secures License to Issue Digital Financial Assets in Russia

by Александр Пирогов | Apr 1, 2024 | Blog News

Tinkoff Bank, one of Russia’s major banking players, has obtained a license to issue and sell “digital financial assets” (DFAs) in the country. The Central Bank of Russia added Tinkoff to its list of approved DFA operators on March 28, as reported by...

EU’s MiCA Regulation Sparks Changes in Stablecoin Landscape

by Александр Пирогов | Apr 1, 2024 | Blog News

The impending implementation of Europe’s Markets in Crypto-Assets Regulation (MiCA) has prompted significant disruptions in the stablecoin sector, with offshore stablecoins facing challenges and exchanges adapting to comply with the new regulatory framework. The...

Binance-Affiliated HKVAEX Withdraws License Application from Hong Kong SFC

by Александр Пирогов | Apr 1, 2024 | Blog News

On March 28th, HKVAEX, a crypto exchange affiliated with Binance and based in Hong Kong, withdrew its license application from the Hong Kong Securities and Futures Commission (SFC). The SFC had set a deadline for all crypto exchanges to apply for operational licenses...