Coinbase recently made a calculated strategic step to expand into European markets by acquiring a virtual asset service provider (VASP) license from the Financial Markets Authority (AMF) of France. The acquisition of the VASP license from the French regulatory authority establishes Coinbase as an acknowledged and adherent participant in the French financial sector. Based on […]
In October 2023, EUR-denominated weekly spot volume on Binance, a top cryptocurrency exchange, fell to $160 million, an 88% drop from $1.3 billion recorded seven months earlier in March 2023. At this level, EUR trading volume on the besieged exchange is at a three-year low, pointing to how consequential the decision by regulators to crack down on […]
As the European Union attempts to instill confidence among crypto investors through regulatory provisions, recent developments indicate that these protections might take longer to materialize than anticipated. MiCA: A “Beacon” Of Hope Delayed? On October 17, the European Securities and Markets Authority (ESMA), responsible for governing securities within the European Union, stated the transition to […]