Bybit Secures MiCAR License, Sets Up European Headquarters in Vienna
Key Insights Bybit received the MiCAR license from Austria’s Financial Market Authority, enabling regulated crypto services across 29 EEA countries.…
U.S. SEC Voluntarily Dismisses Lawsuit Against Binance in Landmark Move
Key Insights The U.S. SEC voluntarily dismissed its 2023 lawsuit against Binance and former CEO Changpeng Zhao, citing policy discretion…
Thailand Blocks Access to Bybit, OKX, and Others in Crypto Crackdown
Key Insights Thailand’s SEC will block local access to five unlicensed crypto exchanges, including OKX and Bybit, starting June 28,…
Paris Saint-Germain Adopts Bitcoin Treasury Strategy, Expands Crypto Ambitions
Key Insights PSG has allocated part of its fiat reserves into Bitcoin, becoming the first major sports club to adopt…
UK’s FCA Unveils Proposals for Stablecoin Issuance and Crypto Custody Rules
Key Insights The UK’s FCA has proposed new rules to regulate stablecoin issuance, crypto custody services, and financial resilience of…
El Salvador Defies IMF’s Bitcoin Cap, $1.4 Bln Deal Faces New Tension
Key Insights IMF and El Salvador reached a staff-level agreement under a $1.4 billion deal, requiring the country to halt…
Australia’s ASIC Sues Former ACX Director Allan Guo Over Crypto Exchange Collapse
Key Insights ASIC has filed civil penalty proceedings against Allan Guo, former executive of collapsed crypto exchange ACX, over alleged…
FCA Bans Former Credit Suisse VP Detelina Subeva Over $1.3 Billion Mozambique Money Laundering Case
Key Insights The FCA has banned Detelina Subeva, former Credit Suisse vice president, from UK financial services after her US…
Ledger Launches Solana-Edition Hardware Wallet with $70 Crypto Bonus for NFT Holders
Key Insights Ledger has launched the Ledger Flex™ Solana Edition, a limited-release hardware wallet built in collaboration with the Solana…
Crypto.com Acquires CySEC-Licensed Broker LegacyFX
Key Insights Crypto.com acquired Cyprus-based A.N. Allnew Investments Ltd, securing a MiFID license to expand traditional financial offerings in the…