The Cayman Islands, a long-time haven for cryptocurrency businesses, has taken a bold step towards regulatory clarity by implementing a comprehensive licensing framework for crypto firms. This move, announced on March 10, 2025, marks a significant shift in the global landscape of cryptocurrency r...
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The arrest and extradition of Aleksei Andriunin, founder of the cryptocurrency exchange Gotbit, to the United States marks a watershed moment for the crypto industry. This event not only highlights the increasing scrutiny of crypto operations but also signals a shift in how governments are tackli...
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In an unprecedented move, the UK government has introduced a bill aimed at recovering the proceeds of crypto crime, signaling a significant shift in how authorities plan to tackle the burgeoning challenges posed by digital currencies. This legislation not only underscores the escalating concerns ...
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In a move that signals its ambition to deepen its foothold in the U.S. cryptocurrency market, MoonPay has secured a money transmitter license in Wisconsin. This strategic development comes as the regulatory landscape for digital currencies continues to evolve, presenting both challenges and oppor...
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In a groundbreaking move that could redefine the landscape of cryptocurrency in Asia, Taiwan’s Financial Supervisory Commission (FSC) has unveiled the draft of its 'Virtual Asset Service Act' (VASA). This legislation aims to create a comprehensive regulatory framework for virtual assets, position...
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In a striking move that underscores the tightening grip of regulatory authorities on the cryptocurrency sector, Abu Dhabi's financial regulator has imposed a staggering $12 million fine on Hayvn Group, a prominent crypto firm and its CEO Christopher Flinos for unlicensed activities. This unpreced...
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