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Banning Virtual Currency Kiosks Is No Solution To Fraud

[ad_1] Opinion by: Bill Repasky, attorney at Frost Brown Todd LLP With more than 55 million Americans now using cryptocurrency in their daily lives, cryptocurrencies have become an integral component of our... Read more »

Grayscale lists HYPE, VIRTUAL, ENA, JUP among high potential tokens for Q1 2025

[ad_1] Key Takeaways Grayscale Research has added Hyperliquid, Ethena, Virtual Protocol, Jupiter, Jito, and Grass to its top 20 crypto assets for Q1 2025. The firm’s list reflects a focus on decentralized... Read more »

Botswana Council: Virtual Assets Market ‘Poses Limited Risks to Financial Stability’

[ad_1] The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks... Read more »

FATF Urges India to Strengthen Virtual Asset Regulation

[ad_1] India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies,... Read more »

United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’

[ad_1] United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take... Read more »

Seychelles Approves Bill on Virtual Asset Regulation

[ad_1] The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having... Read more »

India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers

[ad_1] Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned... Read more »

Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License

[ad_1] Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative... Read more »