Cryptocurrency Daily Thefoxposts.com

Last month Argentina’s financial regulator, Comisión Nacional de Valores, introduced mandatory registration for all cryptocurrency exchanges and brokers operating in Argentina. As crypto service providers begin to get to grips with this new crypto registration rule, this article outlines the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the­ way cryptocurrencies and casinos work togethe­r is slowly changing. There aren’t any rule­s specifically about using cryptocurrency for gambling. Howeve­r, more people are­ using digital money, and it’s becoming part of Argentina’s e­conomy and society. This shows the country is accepting crypto. More­ ...

Kraken has secured a virtual asset service provider registration in Spain, marking another significant step for cryptocurrency exchanges expanding operations in Europe. Crypto exchanges have recently been intensifying their efforts to expand within the European region. Kraken, one of the prominent global crypto exchanges, has made significant strides in this direction. The exchange announced that it has secured a virtual asset service provider registration in Spain, granted by the country’s central bank. This move will soon permit Kraken to provide crypto exchange and custodial wallet services to Spanish residents, enhancing the accessibility and convenience of cryptocurrency transactions for them. In a parallel development, Kraken’s Irish subsidiary has successfully obtained an e-money institution (EMI) license in Ireland. This license, issued by the Irish central bank, paves the way for the exchange to amplify its Euro fiat services, enabling closer collaborations...

Crypto.com revealed that the crypto exchange had been registered with the Netherlands’ central bank to offer cryptocurrency services to Dutch customers.  Crypto.com revealed the news in a blog post on July 28. The company obtained registration approval with De Nederlandsche Bank (DNB). It was preceded by a comprehensive review of the crypto exchange’s business and compliance with the Netherlands’ AML and anti-terrorism laws. You might also like: Spain grants virtual asset service provider registration to Crypto.com In contrast, rival crypto exchange Binance left the Dutch market after failing to obtain a registration in the Netherlands. DNB previously warned Binance and later slammed a $3.3 million fine on the company in April 2022 for alleged unlicensed operation in the country. The crypto exchange giant also recently withdrew its licensing application with German regulators. You might also like: Binance to exit Netherlands after failing to obt...