Bitrue gets Virtual Asset Service Provider approval in Lithuania
Bitrue has received VASP approval in Lithuania to offer crypto exchange services. The company aims for EU expansion by pursuing the Markets in Crypto-Assets license. Lithuania plans regulatory changes to…
Hong Kong Stock Exchange launches virtual asset index series
Hong Kong Stock Exchange has announced launch of a virtual asset index series. The stock exchange will collaborate with crypto data firm CCData to offer pricing data benchmark for Bitcoin…
Visa unveils tokenized digital asset platform
Visa plans to help banks explore blockchain technology and smart contracts with fiat-backed tokens. The digital payments giant has unveiled a tokenization platform for this – called Visa Tokenized Asset…
Taiwan’s financial regulator permits professional investors to invest in digital asset ETFs
The FSC has restricted access to the virtual asset ETFs to professional institutional investors Security companies will need to establish a “virtual asset ETF suitability system” Taiwan’s financial regulator is…
Kasikornbank to launch Thailand’s first licensed digital asset custodian
Kasikornbank is set to launch orbix Custodian, Thailand’s first licensed digital asset custodian. Operations for orbix Custodian are set to begin in early 2025 after licensing. KBank also focuses on…
Binance granted full Digital Asset Trading License in Kazakhstan
Binance Kazakhstan has secured a full DATF license from AFSA for digital assets. The license allows trading, brokerage, and custody services in Central Asia. The crypto exchange underwent rigorous audits…
Matrixport acquires Swiss-based crypto asset manager CFAM
Matrixport announced the all-cash acquisition of Crypto Finance (Asset Management) AG on September 30, 2024. The company has rebranded CFAM to Matrixport Asset Management AG (MAM). $6 billion assets under…
Bolivia reports 100% rise in virtual asset trading
Bolivia saw a 100% increase in trading volumes of virtual assets between July and September. The increased volume comes after Banco Central de Bolivia lifted a long ban on Bitcoin.…
BitGo launches a digital asset management platform for protocols
BitGo launches a unified platform for Web3 token management and compliance. Major protocols like Worldcoin and Sui are already using BitGo’s new solution. BitGo is also the custodian for 21Shares’…
RAKBANK partners with Bitpanda to launch digital asset management platform in UAE
RAKBANK partners with Bitpanda to create a digital asset management platform. The digital asset management platform awaits approval from the Central Bank of the UAE. UAE’s crypto adoption continues to…