Nubank Seeks to Acquire Traditional Bank to Satisfy Brazilian Regulatory Requ…

In recent developments, according to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using…

Brazil to Revise Regulatory Guidelines for VASP Information Reporting to Cent…

In recent developments, the Central Bank of Brazil will issue a comprehensive new provision mandating that Virtual Asset Service Providers report specific required data, precisely defining the information these companies…

Scaramucci predicts ‘exponential opportunity’ for crypto at LONGITUDE

In recent developments, the cryptocurrency industry is riding on the tailwinds of regulatory clarity and newfound interest from institutional investors into the new year. Looking closer, market participants highlight key…

Galaxy expands to UAE as part of Middle East push

In recent developments, the digital assets company is one of many to seek regulatory approval from UAE authorities or attempt to expand their services into a region drawing them in.…

Tether’s USDt awarded key regulatory status in Abu Dhabi

In recent developments, aDGM’s recognition of USDT as an accepted fiat-referenced token lets licensed companies offer regulated custody, marking a step for stablecoins in the UAE. Looking closer, market participants…

Justice Department Seizes Domain Linked to Burma-Based Crypto Scam Compound

In recent developments, the U.S. seizure comes a day after a sanctioned Cambodian group shut branches and froze withdrawals under regulatory pressure. Looking closer, market participants highlight key drivers such…

Jordan to Lift Crypto Trading Ban, Launch Regulatory Framework by Year-End

In recent developments, jordan is set to lift its ban on cryptocurrency trading, with the Jordan Securities Commission confirming that a comprehensive digital asset regulatory framework will be ready before…

Polymarket wins regulatory approval to operate US trading platform

In recent developments, the approval came as the US Senate is expected to soon vote on prospective CFTC Chair Michael Selig as a replacement for acting chair Caroline Pham. Looking…

MoonPay secures New York trust charter, expands regulated services

In recent developments, the regulatory approval followed the payments company obtaining a BitLicense from the NYDFS in June, making it one of a handful of crypto companies to have both.…

UAE’s new financial law pulls DeFi and Web3 into regulatory scope

In recent developments, federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties of up to $272 million. Looking…