
April 18th, 2025
The United States Department of Treasury through the Financial Crimes Enforcement Network (FinCEN) announced new sweeping measures to tame the crypto mixers in a bid to combat terrorism funding among other cyber crimes.
Coinbase is looking to expand its footprint in Europe amid more crypto-friendly MiCA laws that will allow it to operate in all 27 EU states under a single license.
Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar.
Coinbase now offers crypto derivatives trading to eligible customers outside of the United States, for BTC, LTC, XRP and ETH.
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place.
Coinbase noted that the recent action is part of its efforts to enhance overall market health and consolidate liquidity.
It is important to note that when a government agency seizes a crypto asset, it does not immediately own the assets. Ownership transfers only after a court ruling in favor of forfeiture.
Asia is getting filled with a growing number of blockchain enthusiasts, while the rest of the world is waiting for crypto winter to start.
With the license, Upbit will now be able to offer digital payment token services to institutional investors. However, it still awaits a full MPI license from the MAS.
The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund.
Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem.
Obtaining the license is an all-important move for Ripple, especially for its keen interest in growing its presence in the APAC region.
The crypto industry as a whole has experienced numerous job cuts in response to poor market conditions.
For GSR, Coinbase, and other firms like them, it appears that Singapore presents the perfect market opportunity.
With the license approval, Coinbase has now joined the ranks of other crypto companies with full licenses, demonstrating the country’s commitment to fostering a vibrant and well-regulated digital assets ecosystem.