Kraken Becomes Latest to Win a License Under Europe’s New Rules – Decrypt
Kraken secured a MiCA license from Ireland’s Central Bank, allowing EU-wide crypto services. This follows Coinbase’s similar approval, as exchanges align with Europe’s new regulatory framework.
ASIC Appoints Panel to Probe ASX Following Failed Blockchain Project – Decrypt
Australia’s ASIC appoints expert panel to investigate ASX after its $163M blockchain project failed. The panel will assess governance and risk management, with findings due by March 31 next year.
Ruble-Backed A7A5 Stablecoin Moves $9.3B on Sanctioned Russian Exchange Successor Grinex
A7A5, a ruble-backed stablecoin, has moved $9.3B on Grinex, a suspected successor to sanctioned Russian exchange Garantex. Analysts question its adoption due to concentrated wallet activity and political ties.
Citibank accused of ignoring signs of $20M crypto romance scam
Citibank faces a lawsuit for allegedly ignoring red flags in a $20M crypto romance scam, where a victim was deceived into sending millions to fraudulent accounts through fake NFT investments.
Coinme pays $300K fine for violating California crypto ATM laws
Coinme fined $300K for violating California crypto ATM laws, including exceeding daily limits and missing disclosures. The penalty includes restitution to a scam victim, highlighting rising crypto ATM fraud.
Trump Crypto Venture Preps Stablecoin Audit and Product Push
Trump-affiliated crypto venture World Liberty Financial plans to release a stablecoin audit and launch a mobile app. Co-founder Zak Folkman hinted at upcoming changes to their governance token WLFI amid political scrutiny.
Invesco Becomes Latest to File for Solana ETF
Invesco has filed for a Solana ETF, joining eight other issuers. The proposed Invesco Galaxy Solana ETF will track SOL’s spot price, with Galaxy Digital handling transactions and Coinbase as custodian.
Kraken Secures MiCA License, Expands Regulated Crypto Services Across 30 EU States – Exchanges Bitcoin News
Kraken obtains MiCA license, enabling regulated crypto services across 30 EU states, ensuring compliance and expanding its market reach with enhanced trust and operational efficiency.
SEC Extends Deadline for Broker-Dealers to Meet Daily Reserve Rule Changes – Regulation Bitcoin News
The SEC extended the deadline for broker-dealers to comply with amended reserve computation rules, allowing more time to adapt systems and leverage digital asset custody flexibility.
Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers – Regulation Bitcoin News
Russia mandates major banks and retailers to adopt the digital ruble, accelerating its CBDC rollout with strict deadlines for nationwide integration.
