Lens
Bitcoin News
While the wait for a U.S. Bitcoin spot exchange-traded fund continues, Invesco, a U.S. investment firm with US$1.6 trillion in assets under management, has partnered with CoinShares to launch a European exchange-traded product physically backed by Bitcoin, according to reporting on Nasdaq.com. Fast facts The Invesco Physical Bitcoin ETP will be listed on Deutsche Börse […]
Lachlan Keller
Regulation
The Scandinavian country is concerned with potential environmental harm, while the debt-laden SE Asia nation seeks to regulate.
Timmy Shen
Regulation
The European Central Bank (ECB) has appointed 30 senior business professionals from a range of financial institutions and related organizations to its market advisory group for the digital euro project, according to a media statement. Fast facts The appointment of industry members to the advisory group follows the ECB’s launch of its digital euro project […]
Michelle Lim
Metaverse Platforms
Facebook says it will create 10,000 jobs in the European Union over the next five years to build its highly anticipated metaverse — a digital platform that utilizes technology such as virtual and augmented reality that the company says has the potential to unlock new creative, social and economic opportunities. Fast facts According to a […]
Lachlan Keller
Regulation
Estonia revoked more than 70% of all crypto licenses last year. Its recently appointed anti-money-laundering chief wants to nullify the rest.
Monika Ghosh
NFTs and Gaming
The U.K. Gambling Commission has launched an investigation into Sorare, the French fantasy soccer non-fungible token (NFT) platform. Fast facts The gambling watchdog said that any activity on Sorare by British citizens falls outside of gambling regulations in Great Britain, since Sorare is not registered with the commission. Therefore, the notice advised Sorare users to […]
Monika Ghosh
Regulation
Binance — the largest cryptocurrency exchange in the world — is looking at setting up regional headquarters in Ireland, according to Reuters. Fast facts “Historically, we claim that we don’t have headquarters. We are actually just in the process of establishing a few headquarters in different parts of the world,” Binance CEO Changpeng Zhao told […]
Michelle Lim
Regulation
Ukrainian President Volodymyr Zelenskyy returned a cryptocurrency bill to Parliament for revision on Tuesday, demanding the National Securities and Stock Market Commission of Ukraine be designated the country’s main crypto regulator. Fast facts The crypto bill had passed the second parliamentary hearing on September 8. Had Zelenskyy signed the bill, it would have made the country the fifth […]
Ningwei Qin
Regulation
Eastern Europe is fast emerging as a crypto scamming hub. According to a Chainalysis report, crypto addresses based in Eastern Europe have the second-highest rate of links to illicit addresses, and the region ranks second in terms of the value of cryptocurrencies sent to illicit addresses. Fast facts Eastern Europe has a large cryptocurrency market […]
Monika Ghosh
Regulatory News
Binance Markets Limited, the British affiliate of the world’s largest cryptocurrency exchange, is now compliant with the requirements that the U.K.’s Financial Conduct Authority imposed on the company in June, the FCA said Wednesday. Fast facts The FCA had, back in June, issued a warning to Binance Markets Limited and the Binance Group and imposed […]
Michelle Lim
