A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year as a first for a major
Read moreBitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup
Read moreTreasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be
Read moreSEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC)
Read moreUAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by
Read moreVietnamese Government and Central Bank Developing Legal Framework for Crypto
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to
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