According to reports, the MSB license grants HBIT the approval to transmit money and operate as a fiat currency exchange.
The crypto industry has lost two-thirds of its market capitalization in eight months.
Bitcoin mining giant Core Scientific has to sell more than 85% of its BTC holdings last month to repay other scheduled debts and cover operational costs.
Many crypto-related firms have recently had their very existence rattled to their cores as a result of the wider market crash, and one of such is Voyager Digital.
According to the email, Russian citizens or residents will not be able to access BitMEX services from the European Union from July 11.
The launch of Bitmain AntMiner E9 comes a year after the announcement. Also, the launch comes just before Ethereum’s move to the Proof-of-Stake blockchain raising doubts over its future sales.
French MEP Aurore Lalucq’s main concern is money laundering and other criminal practices. Therefore, she wants to see more regulation of the cryptocurrency sector.
At the Federal Reserve conference on the digital dollar, panelists said that a proper crypto regulatory framework should come first.
The mini-rally recorded in the last 24 hours is believed to have been caused by the positive movement in Total Value Locked across Ethereum as well as improved on-chain activities.
Shortly after Vauld announced withdrawals suspension, Nexo revealed it signed an indicative term sheet. The company also mentioned the plan to acquire Vauld.
Ever since Bitcoin price dropped to current levels of around $20k, miners are rewarded approximately $120,000 per successful mined block.
While CoinLoan makes temporary changes to the withdrawal limit, the lending company assures customers of the security of their assets.
MAS is said to be considering additional restrictions on crypto services in Singapore.
Voyager Digital has had a very rough year, and this is reflected in both the performance of its stock and token prices.
Amid its ongoing financial crisis, Celsius has paid off another sizable sum of its debt to Maker as it fights to stay afloat.