Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to perform broker-dealer services legally in the emirate.
Category: Ethereum News
Stakeholder urges swift implementation of Nigeria’s blockchain policy
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the […]
Australia tries again to combat ‘future sectors’ crypto scams
The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams.
Brazilians may soon need to stump up taxes on crypto held abroad
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.
US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s […]
Crypto Stories: Charlie Shrem tells how he became a Bitcoin millionaire
Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering.
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.
US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software […]
UK crypto hodlers get a call from the tax grinch
HMRC has issued a stark warning to crypto, NFT and utility token holders that they must pay their taxes on time or face the consequences.
Zipmex proposes to pay creditors 3 cents per dollar
The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.