Helal Saeed Almarri, Chairman of VARA said: The VARA regime aims to strike an effective balance between value creation and risk mitigation, enabling open market innovation while assuring protection for the economically vulnerable. The MVP Phase, is designed for select global players across the value chain, that are committed to responsible industry participation and VARA…
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The regulator added: This firm is not authorised by us and is targeting people in the UK. The FCA’s warning fallows the crypto exchange gaining license from the Cyprus Financial Market Regulator CySEC allowing the company founded by Sam Bankman-Fried, to offer products and services to European clients. Last year, the UK regulator banned FTX's…
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Capital market company DRW Holdings, LLC will provide liquidity on day one of the launch of the Ether Options. Rob Strebel, Head of Relationship Management for DRW, added: As ether transitions through the anticipated merge this week, we expect we'll continue to see strong demand for this Ether options contract. Furthermore, digital currency prime brokerage…
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The deal follows a multi-year partnership between SkyBridge and FTX partnership to sponsor global SALT conferences in North America, Asia and the Middle East, and co-present Crypto Bahamas, the institutional digital assets conference that launched in April 2022. With the new deal, the two firms will expand their collaboration on venture and digital asset investing…
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Huobi Group CFO Lily Zhang commented: This landmark approval makes Huobi the first licensed digital asset exchange for institutional-grade derivative products in the British Virgin Islands. It is a testament to our experience, professional knowledge, and track record in the global cryptocurrency industry. CFO Zhang added: We see a huge market opportunity in cryptocurrency derivatives,…
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The integration will remove the need to individually manage and key in the deposit address for every transfer for Apifiny users. They will now only have to complete a one-time setup to connect their account with a Fireblocks Network wallet. Once they are connected, users can settle with any of the more than 20 connected…
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In a statement, Zipmex said: "We have requested meetings with Thailand's Securities Exchange Commission and regulators in the country where we operate to introduce our investors to regulators and present our recovery plan to government agencies." While Zipmex, who operates across various countries in the Asia Pacific region, did not mention who the investors may…
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Jason Lau, Chief Information Security Officer of Crypto.com, said: Achieving SOC 2 Type II certification is yet another step in reinforcing Crypto.com’s continuous commitment to security and data privacy by design. With the ever-evolving threat landscape, we will continue to ensure we maintain the highest level of security and data privacy so our customers can…
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By using ODL, Travelex will deliver near instant settlement and constant access to liquidity, allowing its customers to better grow and scale their business. Travelex will support payments between Mexico and Brazil at launch, however the company revealed plans to support more corridors and use cases, including internal treasury and bulk small and medium-sized enterprises…
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The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…
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