The largest US-based crypto exchange just became the largest Virtual Asset Service Provider (VASP) in the UK following recent regulatory approval. According to a new Coinbase announcement, the exchange has received approval from the Financial Conduct Authority (FCA) to act as a VASP in the United Kingdom.
The Federal government of Russia, through the Ministry of Energy, is planning to create a single registry for crypto mining equipment.
Kraken has secured a Markets in Financial Instruments Directive (MiFID) license in the EU, enabling the crypto exchange to expand its regulated derivatives offerings across key EU markets. According to the announcement on Feb.
President Donald Trump has signed an executive order directing the Treasury and Commerce Departments to establish the first U.S. sovereign wealth fund. Trump signed the order stating it would help “monetize the asset side of the U.S. balance sheet.
Coinbase secures FCA approval, securing its UK Virtual Asset Service Provider (VASP) registration. The approval allows Coinbase to offer crypto and fiat services to UK users.
Binance is stepping up its efforts to ensure compliance with US laws and regulations. In a recent interview, Binance co-founder He Yi outlined the exchange's strategy to adhere to legal standards and its ongoing commitment to transparency and accountability.
Talks of tariffs on US trade partners triggered a sharp downturn in digital assets and significant volatility in financial markets over the weekend and into Monday morning. On Saturday, President Trump announced via Truth Social that he had imposed a 25% tariff on imports from Mexico and Canada, and an additional 10% tariff on China.
Bitcoin dropped to $91K as Trump's tariffs triggered a massive sell-off, causing $2 billion in liquidations and record market volatility.
Uphold resumes staking in the UK post-regulatory changes, India signals a potential crypto policy shift and Kraken prepares to delist USDT in Europe.
President Donald Trump's White House AI and Crypto Czar will hold a press conference with key Republican policymakers to share Washington's digital asset regulatory plans. Scheduled for Tuesday, Feb.
In the rapidly evolving world of blockchain, maintaining economic stability while encouraging network growth is no easy task. Many projects struggle with balancing token supply and demand, leading to inflationary pressures that erode value over time.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Trump's Crypto Czar David Sacks will discuss the U.S. digital asset strategy on February 4 at 2:30 p.m. ET.
As the crypto markets struggle under the shock of Trump's tariffs, a new player enters the scene: David Sacks, the man who whispers to AI and digital assets. On February 4th, this shadow strategist will unveil Washington's battle plan to regain control of a space in complete chaos.
On-chain investigator ZachXBT recently shared data revealing that Coinbase users lose more than $300 million annually due to social engineering scams. Over the past few months, numerous users have taken to social media to report sudden account restrictions, which ZachXBT attributed to the exchange's aggressive risk models and a failure to mitigate ongoing scams.
The online gambling industry has witnessed a significant shift towards cryptocurrency usage, particularly altcoins.
Currently, India only regulates crypto under anti-money laundering and electronic funds transfer laws, but wider regulations are under review.
In recent months, a growing number of users on social media platform X (formerly Twitter) have voiced their frustrations regarding unexpected account restrictions and blocks imposed by the US-based cryptocurrency exchange Coinbase.
The Thailand SEC will launch a blockchain-based platform for digital securities trading. The system will support tokenized traditional securities and electronic securities.
Kraken can offer compliant derivatives in the EU, while Coinbase's UK registration enables crypto and fiat services.
President Donald Trump has decided to pause a proposed 25% tariffs on goods entering the United States from Mexico for one month following an agreement with Mexican President Claudia Sheinbaum.
TL;DR On February 4, 2025, David Sacks, the White House cryptocurrency director, will hold a press conference about the U.S. plan for the digital asset market. Sacks will outline the Trump administration's digital strategy, covering topics like regulatory policies, innovation incentives, and national security.
Through a recent acquisition, Kraken is now allowed to offer derivative products across the European Union.
Kraken's European expansion accelerated as the crypto exchange obtained a new digital asset license to provide more services.
Cardano founder Charles Hoskinson says closed-door policy-making around the state's recent stablecoin initiative raises doubts about the state's commitment to becoming a crypto hub.
Canada suffered significant outflows of $43 million, potentially driven by investor concerns over possible US-imposed trade tariffs affecting the market.
Liquidations of highly leveraged crypto positions may have amplified the sell-off over the weekend and into Monday, crypto sources told BI
Bybit CEO estimates crypto liquidations hit as high as $8–10 billion over the past day, after Trump's tariffs wobbled global markets.
Kraken, through the acquisition of a Cyprus financial intermediary firm, is now the holder of a MiFID license, allowing the exchange to offer advanced derivative products in the Euro area.
Crypto markets are closely monitoring key US economic data this week to assess the health of the nation's economy. As February commences, critical labor market reports — closely watched by the Federal Reserve—are on the calendar.
In the rapidly evolving blockchain industry, startups often face significant hurdles when navigating the ecosystem without the support of an incubator.
Coinbase confirms its registration as a Virtual Asset Service Provider (VASP) under the UK's Financial Conduct Authority, strengthening its presence in its largest international market and reinforcing regulatory compliance in the crypto sector. The post Coinbase Secures VASP Registration in the UK appeared first on Cryptonews.
Recently confirmed U.S. Treasury Secretary Scott Bessent will be taking on a second role as acting chair of the CFPB.
Steve Yun establishes TVM Ventures, a $100M fund targeting early-stage projects on TON blockchain, with focus on DeFi protocols and payment solutions.
Bybit CEO Ben Zhou claims that crypto liquidations since new US tariffs could be between $8 to $10 billion. Specifically, he said that Bybit and other major exchanges limit the liquidation data that gets publicized.
Vietnam's proposed digital assets legalization framework has the potential to minimize fraud in the country's crypto space once passed.
Coinbase users lost over $65 million to scams between December 2024 and January 2025, with scammers using phishing calls, emails, and fake websites.
White House cryptocurrency director David Sacks will hold a press conference on Tuesday, Feb. 4, at 2:30 p.m. ET to discuss the U.S. digital asset strategy. White House to Outline U.S.
ByBit cofounder and CEO Ben Zhou has disclosed that recent crypto market liquidations are far above the $2 billion reported by Coinglass. In a post on X, Zhou estimates that the value of total liquidations ranges from $8 billion to $10 billion.
The United States and Mexico have reached an agreement to pause new tariffs for one month, following discussions between President Donald Trump and Mexican President Claudia Sheinbaum. The Donald Trump tariffs, which were set to take effect on Tuesday, included a 25% levy on Mexican and Canadian goods and a 10% tariff on Chinese imports.
TL;DR Ben Zhou, CEO of Bybit, estimates that crypto liquidations are between $8 billion and $10 billion, much higher than the reported $2 billion. Bybit's 24-hour liquidation figure was $333 million, but Zhou emphasizes this is only a small part of the total market.
The latest cryptocurrency market sell-off has resulted in significantly higher liquidations than initially reported, with Bybit CEO Ben Zhou estimating the total wipeout to be between $8 billion and $10 billion.
The global cryptocurrency market witnessed high volatility on 3rd February, which saw the total market capitalization fall by 7% to $3.12 trillion. This dip marked one of the biggest market crashes that caused $2.25 billion in liquidations.
Coinbase says it is now the largest registered digital assets company in the U.K. That milestone, announced by the cryptocurrency exchange Monday (Feb. 3), follows Coinbase's receipt of virtual asset service provider (VASP) registration from the U.K.'s Financial Conduct Authority (FCA). This will allow Coinbase to offer both crypto and fiat in Great Britain, its largest international market.
Pseudonymous on-chain cryptocurrency analyst ZachXBT is one of the most respected voices in the crypto space — but surprisingly enough, he doesn't offer investment advice.
Retail investment platform Robinhood Inc. (NASDAQ:HOOD) is diving into the world of event-driven trading, now offering its users the chance to speculate on the outcome of the upcoming Super Bowl. What Happened: Starting this week, Robinhood clients throughout the United States can access contracts through the Kalshi exchange, allowing them to place trades on which team will take home the championship trophy.
Cryptocurrency exchange Coinbase has received approval from the UK's Financial Conduct Authority (FCA) to offer its services after applying to become a virtual asset service provider (VASP).