Tag: MSB
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More ↗: EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?
The EIOPA’s new proposal mandates EU insurers to hold 100% capital reserves against crypto investments, addressing the extreme volatility of digital assets. This regulation exceeds…
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More ↗: Time to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA LicenseTime to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA License
Bulgaria’s Parliament has reduced the VAT registration threshold from BGN 166,000 to BGN 100,000 starting April 1, 2025. This change aims to optimize the tax…
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More ↗: Spanish Bank BBVA Launches Bitcoin and Ethereum Trading Services in SpainSpanish Bank BBVA Launches Bitcoin and Ethereum Trading Services in Spain
BBVA, one of Spain’s largest banks, has launched Bitcoin and Ethereum trading services, allowing clients to manage digital assets through its mobile app. This move…
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More ↗: Finance IQ Hub Expands Account Opening Capabilities with a New PartnershipFinance IQ Hub Expands Account Opening Capabilities with a New Partnership
Finance IQ Hub Expands Account Opening Capabilities with a New Partnership Finance IQ Hub continues to expand its partner network and unlock new opportunities for…
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More ↗: The U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International RegulationThe U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International Regulation
The U.S. Abolishes Beneficial Ownership Reporting for Domestic Companies: Implications for Business and International Regulation After prolonged debates and legal challenges, the U.S. Department of…
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More ↗: Custodial vs. Non-Custodial Wallets: Which One to Choose for Secure Crypto Storage?Custodial vs. Non-Custodial Wallets: Which One to Choose for Secure Crypto Storage?
The choice between custodial and non-custodial wallets significantly affects cryptocurrency security. Custodial wallets offer convenience but compromise control and are vulnerable to hacks. Non-custodial wallets…
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More ↗: OKX to Pay Over Half a Billion Dollars! Could Your Company Be Next?OKX to Pay Over Half a Billion Dollars! Could Your Company Be Next?
Cryptocurrency exchange OKX has settled with the U.S. Department of Justice, paying over $504 million due to operating an unlicensed money transmission business. The company…
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More ↗: Global Battle Against Money Laundering: FATF Updates Its Lists – How Will It Impact Crypto Businesses?Global Battle Against Money Laundering: FATF Updates Its Lists – How Will It Impact Crypto Businesses?
The FATF has updated its lists, removing the Philippines from its grey list while adding Laos and Nepal due to anti-financial crime deficiencies. Compliance with…
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More ↗: OKX Breaks the Regulatory Barrier: First Exchange with Full MiCA License in EuropeOKX Breaks the Regulatory Barrier: First Exchange with Full MiCA License in Europe
OKX has become the first crypto exchange to obtain a full MiCA license in Europe, enabling regulated trading in the European Economic Area. This license…
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More ↗: MSB Canada: An Innovative Step Towards Global Opportunities for Your Crypto CompanyMSB Canada: An Innovative Step Towards Global Opportunities for Your Crypto Company
The MSB Canada license presents a valuable opportunity for European crypto companies to access the global market, enhance customer trust, and meet high international standards.…
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