News with the tag "eea"

Exciting news for the Middle East and North Africa (MENA) region! Tech giant Meta has officially launched Meta AI in MENA, bringing its sophisticated AI chatbot to millions of new users. This expansion marks a significant step in making advanced AI technology more accessible globally, particularly i...

Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is temporarily adjusting the availability of its services in the European Economic Area (EEA) to ensure compliance with evolving regulations, based on information shared with Finbold on Friday, December 13. In an effort to ...

Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.

Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.

The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.

Monero’s price fell by 8% a day after Kraken announced it would stop supporting the privacy-focused cryptocurrency.

Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, includi...

The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.

The EEA’s new guidelines aim to establish a standard for mitigating risks in DeFi protocols, which will benefit regulators, developers and users alike.