Argentina finalizes rules for virtual asset providers

    Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions. The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058. According to a…

    Hong Kong fintech sector sees 250% blockchain growth since 2022

    Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future. Hong Kong is home to over 1,100 fintech companies. This includes 175 blockchain application or software firms and 111 digital asset and cryptocurrency companies, which marked…

    Banks push to block stablecoin legislation over market share fears

    Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According to an article from American Banker, the bill requires 60 votes to pass in the Senate, meaning that at least seven…

    Turkey tightens crypto regulations with new rules for exchanges, custodians

    Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers. The framework grants the CMB full oversight of crypto platforms, ensuring compliance with national and international standards….

    Ripple secures Dubai license to offer crypto payments in UAE

    Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…

    Bank of Russia proposes to allow crypto purchases by select investors

    The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies. On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin. “In accordance with the instructions of the President of Russia, the Bank of…

    Ripple secures Dubai license to offer crypto payments in UAE

    Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone…

    Abu Dhabi’s MGX backs Binance with $2B stablecoin investment

    Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined Cointelegraph’s…

    Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, explained

    A quick history of Trump’s statements and policies on crypto Donald Trump’s stance on cryptocurrency has shifted significantly over time. From 2019 to 2021, Trump expressed skepticism toward Bitcoin, calling it volatile and a threat to the US dollar, but by 2024, he reversed his stance, pledging support for crypto, proposing a US Strategic Bitcoin…

    Automated trading bot brings advanced strategies to DEX

    goodcryptoX introduces onchain DCA trading to DEXs with a new automated trading bot, bringing advanced CEX-like strategies to DeFi without compromising security. Decentralized exchanges (DEXs) with automated market makers (AMMs) have historically provided just one core feature: coin swaps. As a result of the necessity to sign each transaction individually, these DEXs operated much like…