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Binance, Crypto Investors to Launch a Bank in Malta

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Crypto exchange Binance is working on a project to launch a decentralized bank bridging the crypto industry with conventional banking. The financial institution will be based in Malta and fundraising will be conducted under German law. Authorities in Valletta have welcomed the initiative that is expected to win support from other crypto investors as well. … Read more

German Bank Offers Special Accounts to Cryptocurrency Firms

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The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. … Read more

Top 3 Countries Leading the Way on Cryptocurrency Regulation

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As the United States starts to get its head around the cryptocurrency space, regulation is still lacking much-needed clarity. The ICO market is carrying on as enthusiastically as possible, raising just shy of $12 billion already this year. But with the mixed messages and questions raised by the SEC, some US blockchain companies are stuck … Read more

No License Needed to Mine Cryptocurrencies in Ukraine

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Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of … Read more

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

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In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial stability, … Read more