Cryptocurrency Service Providers

The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...

The Bharat Web3 Association (BWA) has laid down some rules for service providers in the crypto sector to adhere to. The self-regulatory guidelines are based on the PEC framework, that focusses on investor protection, market efficiency as well as credibility and safeguards.

CoinDCX has announced it has put in place an established desk to assist former Koinex members access their funds and transition onto its platform. The now-defunct crypto exchange has signed a Memorandum of Understanding (MoU) with CoinDCX to provide access to customers' assets.

Visa crypto card holders will now be able to convert crypto assets into fiat currencies in real time. To enable this, Visa has joined hands with Web3 payments infrastructure provider Transak.

As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).

Coinbase is now a registered entity with AMF, the French financial markets authority. The exchange exchange has successfully acquired the licence to operate as a Virtual Asset Service Provider in France.

In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...

Mudrex, the crypto investment firm based in Bengaluru, said that it is now a registered crypto firm in the European nations of Lithuania and Italy as well as India. Launched in 2018, the company aims to make crypto investing safer. It is now looking to expand outside India and the US.

Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...

World Mobile, the London-based decentralised wireless (DeWi) network has launched its Android app in the US, UK, Australia, Canada, and Tanzania. The company provides a network service through a proprietary token called the Mobile World Token (WMT) and a network sharing system built on the Cardano blockchain.

CACEIS, the asset servicing business owned by Credit Agricole and Santander, has registered with France's markets regulator AMF to provide custody services for digital assets, such as cryptocurrencies.

Germany’s Deutsche Bank AG wishes to provide crypto buying, selling, staking, valuation, and fund administration services to its individual as well as institutional clients. This would ensure that investors would not flout Germany’s crypto tax norms while also safeguarding investors from financial risks.

Two Bitcoin wallet providers — Zeus and Damus, have called out the iPhone-maker for restricting their operations on Apple’s App Store. Zeus and Damus, both, are non-custodial wallets. Apple meanwhile, requires apps related to the crypto transactions to be registered on centralised exchanges, most of which provide custodial wallet services, keep...

Liminal, a digital wallet service provider, has joined forces with the Telangana government to nurture promising Web3 projects budding in the state. Telangana’s Web3 regulatory sandbox plans to help startups with management guidance, technical support, and business strategy for creating a sustainable business model.

Binance on social media said users are unable to make Australian dollar deposits by bank transfer with immediate effect. Withdrawals will also be cut off, it said, without detailing when.

The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...

The Bharat Web3 Association (BWA) has laid down some rules for service providers in the crypto sector to adhere to. The self-regulatory guidelines are based on the PEC framework, that focusses on investor protection, market efficiency as well as credibility and safeguards.

CoinDCX has announced it has put in place an established desk to assist former Koinex members access their funds and transition onto its platform. The now-defunct crypto exchange has signed a Memorandum of Understanding (MoU) with CoinDCX to provide access to customers' assets.

Visa crypto card holders will now be able to convert crypto assets into fiat currencies in real time. To enable this, Visa has joined hands with Web3 payments infrastructure provider Transak.

As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).

Coinbase is now a registered entity with AMF, the French financial markets authority. The exchange exchange has successfully acquired the licence to operate as a Virtual Asset Service Provider in France.

In January 2024, Line Next plans to officially launch its global NFT platform named Dosi. This platform will let users engage in trading digital assets and products. Line Next plans to launch Dosi as a mobile app and provide new solutions to help brands give ownerships of digital assets and trade them. This will help users and brands linked to the ...

Mudrex, the crypto investment firm based in Bengaluru, said that it is now a registered crypto firm in the European nations of Lithuania and Italy as well as India. Launched in 2018, the company aims to make crypto investing safer. It is now looking to expand outside India and the US.

Coinbase has launched a new Prime Web3 Wallet service that would help institutional investors get safe and one-tap access to all their digital asset requirements. This would include asset custody solutions as well as instant access to dApps. To help companies stay ahead of security threats, the wallet will provide approval alerts, transaction previ...

World Mobile, the London-based decentralised wireless (DeWi) network has launched its Android app in the US, UK, Australia, Canada, and Tanzania. The company provides a network service through a proprietary token called the Mobile World Token (WMT) and a network sharing system built on the Cardano blockchain.

CACEIS, the asset servicing business owned by Credit Agricole and Santander, has registered with France's markets regulator AMF to provide custody services for digital assets, such as cryptocurrencies.

Germany’s Deutsche Bank AG wishes to provide crypto buying, selling, staking, valuation, and fund administration services to its individual as well as institutional clients. This would ensure that investors would not flout Germany’s crypto tax norms while also safeguarding investors from financial risks.

Two Bitcoin wallet providers — Zeus and Damus, have called out the iPhone-maker for restricting their operations on Apple’s App Store. Zeus and Damus, both, are non-custodial wallets. Apple meanwhile, requires apps related to the crypto transactions to be registered on centralised exchanges, most of which provide custodial wallet services, keep...

Liminal, a digital wallet service provider, has joined forces with the Telangana government to nurture promising Web3 projects budding in the state. Telangana’s Web3 regulatory sandbox plans to help startups with management guidance, technical support, and business strategy for creating a sustainable business model.

Binance on social media said users are unable to make Australian dollar deposits by bank transfer with immediate effect. Withdrawals will also be cut off, it said, without detailing when.