-
France grants Coinbase virtual asset service provider status
Coinbase, one of the leading cryptocurrency exchanges, has recently announced its registration to provide cryptocurrency services in France. This development comes after the company received virtual asset service provider (VASP) approval from France’s Autorité des marchés financiers (AMF), granting it permission to operate within the country. This move by Coinbase highlights the growing acceptance and…
-
KuCoin Resolves Charges with NYAG, Pays $22M
Cryptocurrency exchange KuCoin has reached a settlement with the New York State Attorney General’s (NYAG) office, agreeing to pay $22 million and cease operations in the state. The settlement comes in response to a lawsuit filed by NYAG Letitia James on March 9, 2023. The lawsuit alleged that KuCoin had violated state law by failing…
-
Bitwise and BlackRock Amend Filings in Quest for First U.S. Bitcoin ETF
Bitwise and BlackRock, two prominent asset management firms, are making significant progress in their pursuit of offering a spot Bitcoin exchange-traded fund (ETF). Both companies have recently submitted amended filings to securities regulators, signaling their determination to bring the first U.S. spot Bitcoin ETF to the market. Bitwise, in an effort to comply with regulatory…