Swiss crypto financial institution Sygnum secures in-principal approval in Singapore

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency financial institution Sygnum, is increasing providers after securing new regulatory approval from native authorities. The corporate introduced Tuesday that Sygnum Singapore acquired in-principle approval from the Financial Authority …

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Crypto exchanges take into account Ukraine’s name to freeze Russians’ Bitcoin

Because the West continues to impose extra sanctions in opposition to Russian banks following Russia’s invasion of Ukraine, one Ukrainian official has referred to as for sanctions on Russians’ cryptocurrency holdings as nicely. Mykhailo Fedorov, …

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According to reports, EU member states plan to establish an AML Watchdog that will oversee crypto companies by 2024

In coordination with other authorities the European Commission reportedly intends to allow its financial watchdog group to potentially monitor illicit transactions at cryptocurrency firms. According to a Tuesday Bloomberg report, a group of European Union …

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Crypto group condemns Canada for freezing dissidents’ Bitcoin wallets

World cryptocurrency lovers have expressed considerations over Canadian authorities freezing financial institution accounts and crypto wallets concerned in funding native COVID-19 protests. On Thursday, Ontario Superior Courtroom Justice Calum MacLeod issued an order freezing all …

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