Bybit bags provisional crypto license from Dubai regulator
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.
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The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.
The Aloha state's new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet.
Crypto firms may want to register somewhere they can receive more prompt attention, law firm warns.
United States presidential candidate Donald Trump reiterated his intention to take a more favorable stance toward cryptocurrency than the current Biden administration.
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung.
According to reports, the Chinese government subtly supports Hong Kong’s vision of becoming a cryptocurrency powerhouse. The support contrasts with the mainland’s strict anti-crypto stance. [...]
While China has cracked down on cryptocurrencies in the mainland, it’s apparently taking a softer approach to Hong Kong’s crypto hub aspirations.
Cointelegraph visited a grocery store and a luxury car club to learn how crypto has been adopted in Dubai.
G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces.
Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry. (Read More)
Nomura named its digital asset business Laser Digital and incorporated a holding vehicle under the name in Switzerland.
Continue reading Japanese Banking Giant Nomura Opens Swiss Crypto Subsidiary at DailyCoin.com.
Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.
The most revolutionary conference of crypto?
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward.
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.
The Royal Mint NFT featured in a series of announcements aimed at making the UK a global crypto hub, with officials saying the NFT is “an emblem” of the approach the UK “is determined to take”. The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one… More
The post Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins appeared first on BTC Ethereum Crypto Currency Blog.
Sam Bankman-Fried, CEO of FTX, said the world is “very much” looking for a crypto hub in APAC, adding that other locations “haven’t played out”.
Valereum blockchain firm bids to buy Gibraltar Stock Exchange. Firm’s goal to merge crypto and fiat together. If the plan
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Hong Kong has made regulatory moves to welcome crypto and blockchain companies, with around 80 already showing interest.
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