Strict Guidelines in the US and Canada Drive Out Exchanges as UAE Opens its Doors to VASPs

The United Arab Emirates federal financial regulator this week said it is accepting licensing applications for companies planning to become virtual asset service providers (VASPs) in the country. The freshly-released mandatory licensing regime requires that VASPs apply with the Securities and Commodities Authority (SCA) prior to setting up their businesses in the region. Firms already […]

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Kraken Secures VASP License From Central Bank of Ireland

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, April 18th, the cryptocurrency exchange Kraken announced that its European subsidiary received a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland. The news comes as the company is […]

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Tribe Capital Considers Leading $250M Round to Help Restart FTX Exchange

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Tribe Capital, a venture capital firm founded in 2018, is reportedly thinking about taking a leadership role in a funding round worth $250 million aimed at helping FTX reboot its cryptocurrency exchange. The idea […]

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Intel Discontinues BTC Mining Chips A Year After Introducing Them

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a report from Tuesday, April 18th, the semiconductor corporation Intel has decided to discontinue the production of its Blockscale chips designed primarily for Bitcoin mining. The company will however continue supporting customers […]

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Armstrong: Coinbase Preparing to Fight SEC in Court, Might Move HQ From US

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a report from Tuesday, April 18th, Coinbase CEO Brian Armstrong believes that his company will ultimately have to challenge the SEC in court. Furthermore, the exchange is considering the relocation of its […]

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