Crypto exchange Gemini is setting up a dedicated hub in Malta to ensure compliance with European cryptocurrency regulations. Gemini has chosen Malta as its hub for compliance with the European Union's Crypto Asset Market (MiCA) framework. The move follows Gemini's acquisition of its sixth European Virtual Asset Service Provider (VASP) registration from the Malta Financial Services Authority (MFSA) in December 2024. According to Gemini, Malta actively supports fintech innovation and the crypto ec...
Telegram is improving compliance and communicating with Kazakh regulators by setting up local offices. The Kazakh Ministry of Digital Development, Innovation and Aerospace Industry announced on October 14 that Telegram has agreed to appoint local representatives and open offices in the Republic of Kazakhstan. Minister Zaslan Madiyev said Telegram's physical presence in the country would be an "important step in strengthening control over the content of messaging platforms". Given Telegram's wide...
The Bitcoin and Ethereum trading platform set up by Standard Chartered is about to become operational and will become part of the bank's foreign exchange trading arm, which will operate from London, according to people familiar with the matter. Banks, including Goldman Sachs Group, have been trading cryptocurrency derivatives for years, but strict regulations have prevented them from trading the underlying assets directly. The Basel Committee on Banking Supervision has proposed that banks must a...