Crypto Exchange OSL Wants to Renew its License in Hong Kong
Hong Kong-based regulated crypto exchange OSL has just submitted an application to the SFC to renew its current digital asset trading platform operator license.
Coinbase CEO Criticizes US for Lack of Crypto Regulation
The CEO of Coinbase has published an article in which he has again criticized the US leadership, which is delaying the legalization of the cryptocurrency market.
Gemini Plans to Get Licensed in UAE
Gemini, the crypto exchange owned by the Winklevoss twins, has started the application process for obtaining a service license in the United Arab Emirates (UAE).
PayPal Ventures Invests in Web3 Startup Magic
Magic, a digital-wallet provider that helps companies migrate customers to web3, has raised a total of more than $80 million following a strategic funding round in which PayPal Ventures led a round of investment.
Digital Asset Unit of Investment Bank Cowen is Closing
Cowen Digital, the digital asset division launched by investment bank Cowen in March 2022, is shuttering operations.
UAE to Implement AML Rules to Digital Assets
By the end of June, the Central Bank of the United Arab Emirates (CBUAE) will enact rules requiring licensed financial institutions to verify the identities of customers.
Binance Plans to Remove Privacy-centered Tokens in Various European Countries
Starting June 26, Binance customers in France, Italy, Poland and Spain will no longer be able to purchase or trade privacy several privacy coins.
