News with the tag "crypto firms"

In a bold statement at Consensus Hong Kong 2025, BitGo CEO Mike Belshe has ignited a crucial conversation within the cryptocurrency sphere: the necessity for crypto firms to pursue Initial Public Offerings (IPOs) to genuinely earn the trust of Wall Street. But is going public the golden ticket to ma...

In the ever-evolving world of cryptocurrency, regulatory clarity is paramount. For crypto businesses operating in Europe, a significant development is on the horizon. The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, has just dropped a bombshell – proposed guidelines...

Singapore’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.

Coinbase chief executive Brian Armstrong thinks crypto companies shouldn’t work with law firms that hire former regulators who policed the digital asset space during the Biden Administration. Armstrong blasted the law firm Milbank LLP for hiring Gurbir S. Grewal, a former director of the Division of...

Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.

The Hong Kong Monetary Authority has warned crypto firms against misusing the term "bank" in their marketing, emphasizing that only licensed institutions can legally use this terminology to avoid misleading consumers and violating the Banking Ordinance. The post Hong Kong Warns Crypto Firms Against ...

Crypto Firms Disproportionately Targeted Through Deepfake Fraud In a concerning development for the cryptocurrency sector, a recent report by Regula, a leading forensic services company, has highlighted that crypto firms are among the most affected by deepfake fraud this year. As reported by CryptoS...

Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.

The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially ...

The upcoming regulatory framework could threaten a mass crypto exodus to the Middle East due to more favorable regulations.