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Regulations

South Africa issued 248 VASP licenses as adoption soared in 2024
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8 January, 2025

South Africa issued 248 VASP licenses as adoption soared in 2024

The FSCA revealed that it received 420 applications, approved 248, declined nine, and is still considering dozens more as local...
Cyprus orders VASPs to prove compliance by January 10
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6 January, 2025

Cyprus orders VASPs to prove compliance by January 10

CySEC has granted a grace period for MiCA compliance until July 2026 but wants VASPs to prove they were operational...
Nigeria restarts $35M money laundering case against Binance
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29 November, 2024

Nigeria restarts $35M money laundering case against Binance

Nigeria is amending its Binance lawsuit and prosecuting other local ‘crypto’ firms. In other news, Yellow Card is also in...
India mulls a digital asset ban, again
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7 November, 2024

India mulls a digital asset ban, again

In other news, in South Korea, the government is ramping up oversight over businesses that facilitate digital asset-based cross-border transfers...
Buenos Aires issues blockchain ID to 3.6 million residents
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28 October, 2024

Buenos Aires issues blockchain ID to 3.6 million residents

Buenos Aires says the initiative is meant to give residents greater control over their personal data; meanwhile, Indonesia extends digital...
Digital asset-friendly bank Silvergate files for bankruptcy
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25 September, 2024

Digital asset-friendly bank Silvergate files for bankruptcy

Silvergate’s parent company, Silvergate Capital, has filed for Chapter 11 bankruptcy protection 18 months after the digital asset-friendly bank wound...
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