Government policy, laws and regulation shaping digital assets and the future of money.
BitGo, a prominent cryptocurrency custodian firm, has achieved a significant milestone by securing a general payment institution licence from the Monetary Authority of Singapore (MAS). This pivotal endorsement allows BitGo to expand its offerings in Singapore, enabling the firm to provide regulated digital payment token services, including custody and trading solutions. Enhanced Services with MAS … Read more
In a significant development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) has revised its lawsuit against Binance, the world’s leading crypto exchange. The updated legal action, initially filed in June 2023, notably excludes Solana (SOL), Cardano (ADA), and Filecoin (FIL) from being classified as securities. Previously, the SEC had alleged that … Read more
Klip, the cryptocurrency wallet integrated into South Korea’s popular messaging app KakaoTalk, is undergoing significant changes to comply with the country’s increasingly stringent regulations on digital assets. South Korea has recently intensified its oversight of the cryptocurrency sector, introducing stricter rules aimed at preventing money laundering, protecting investors, and ensuring the stability of the financial … Read more
The Polish crypto market is experiencing a boom, and for good reason. Regulations introduced in 2021 require various crypto businesses to obtain a license to operate legally. This article dives into the details of acquiring a Polish crypto license in 2024, covering the process and associated costs. Who Needs a Polish Crypto License? Not all … Read more
Leading cryptocurrency exchange Bitget is taking proactive measures to secure necessary licensing in India. The company has engaged in ongoing discussions with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration. This registration would pave the way for Bitget to operate in compliance with local laws, including tax regulations and operational … Read more
Binance, a leading cryptocurrency exchange, has announced its full support for USDC as the preferred stablecoin for its European operations, in light of the upcoming Markets in Crypto-Assets (MiCA) regulations. MiCA, set to be implemented on June 30, 2024, will introduce a comprehensive regulatory framework for crypto-assets in the European Economic Area (EEA). Binance’s decision … Read more
The DFSA amended its DIFC crypto rules on funds, custody, staking and the travel rule, recognising just five tokens. What changed and where it stands in 2026.
BitGo has been given another chance to pursue legal action against Galaxy Digital regarding their terminated $1.2 billion merger deal. Delaware Supreme Court Reopens BitGo v. Galaxy Digital Case This comes after the Supreme Court of Delaware decided to reverse an earlier decision that had dismissed BitGo’s $100 million lawsuit against Galaxy Digital. The merger … Read more
The Irish branch of Ramp Network, a crypto infrastructure firm based in the UK, has successfully obtained registration as a virtual asset services provider (VASP) in Ireland, as stated in a press release on Thursday. Ramp Network specializes in financial technology, constructing payment networks that link cryptocurrency to the global financial system. This registration will … Read more
QCP Capital won FSRA in-principle approval in Abu Dhabi’s ADGM, the first Singapore crypto market maker to do so. What it secured, its $60B scale, and the 2026 context.