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Gemini has announced that it has received its MiCA (Markets in Crypto Assets) license from the Malta Financial Services Authority (MFSA), enabling its regulated expansion across Europe. This approval allows Gemini to offer secure and reliable cryptocurrency services in all 30 European countries, tapping into a much larger market. The MiCA regulatory framework aims to … Read more
A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some … Read more
Okcoin Europe Ltd, the European subsidiary of OKX Exchange, has been fined $1.2 million (€1.05 million) by Malta’s FIAU for anti-money laundering and compliance failures in 2023. The company has since taken corrective measures to address the deficiencies flagged in the review. Okcoin Europe Fined $1.2 Million by FIAU for Compliance Failures Malta’s Financial Intelligence … Read more
The biggest challenge in MiCA compliance was allocating resources to build the required infrastructure, Gemini’s head of Europe said. Go to Source
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR. Go to Source
OKX’s services in Belgium are offered through an EU-regulated entity as the exchange doesn’t have dedicated regulatory approval in the country. Go to Source
OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services. Go to Source
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA coming into effect in December 2024. Go to Source
The exchange’s chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest. Go to Source Powered by WPeMatico
A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices. Go to Source Powered by WPeMatico
