crypto services – DIGIT INFO

HashKey secures VASP license in Ireland under MiCA regulations

DIGIT — Tue, 07 Jan 2025 07:28:16 +0000

HashKey Europe has entered Ireland following its approval for a VASP license under MiCA regulations, enabling various crypto services.

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Cyprus freezes crypto applications ahead of EU-wide MiCA transition

DIGIT — Thu, 17 Oct 2024 19:16:22 +0000

The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA.

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BBVA Enhances Institutional Crypto Solutions With USDC Integration

DIGIT — Tue, 10 Sep 2024 08:46:09 +0000

BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in […]

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Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes

DIGIT — Tue, 13 Aug 2024 17:46:11 +0000

The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users. Hawaii Residents Gain Access to Coinbase’s Full Suite of Crypto Tools Coinbase’s entry into the Hawaiian […]

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How law enforcement struggles with sophisticated crypto laundering

DIGIT — Thu, 11 Jul 2024 14:03:35 +0000

Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report.

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Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules

DIGIT — Thu, 11 May 2023 12:04:58 +0000

The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset services. Most Estonian Licenses for Provision of Crypto-Related Services Expire A total of 389 […]

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Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

DIGIT — Sat, 11 Feb 2023 19:30:54 +0000

During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]

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Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report

DIGIT — Sun, 06 Nov 2022 09:30:34 +0000

Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position in correspondence with partners. Bybit Reportedly Vows to ‘Not Discriminate Against Crypto […]

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Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint

DIGIT — Fri, 04 Nov 2022 07:00:59 +0000

Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand its footprint into additional client verticals.” Bakkt to Expand Client Verticals With Different Offerings […]

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Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

DIGIT — Thu, 27 Oct 2022 10:00:35 +0000

Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares to Tighten Cryptocurrency Regulations, Limit Public Access to Digital Assets The Monetary Authority of […]

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