Gemini receives MiCA license in Malta after May derivatives approval

Gemini receives MiCA license in Malta after May derivatives approval

The Winklevoss twins-owned Gemini exchange continues its expansion in Europe, securing a Markets in Crypto-Assets Regulation license in Malta. Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation (MiCA) license in Malta, supporting the company’s ongoing expansion in Europe. The Cameron and Tyler Winklevoss-owned exchange secured a MiCA license from the Malta Financial Services…

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EminiFX founder to pay 8M in Ponzi scheme ruling

EminiFX founder to pay $228M in Ponzi scheme ruling

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. A federal judge in New York ordered Eddy Alexandre, founder of the collapsed crypto platform EminiFX, to pay more than $228 million in restitution after ruling the company was a Ponzi…

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Vietnam state-run Military Bank partners with Dunamu to launch crypto exchange

Vietnam state-run Military Bank partners with Dunamu to launch crypto exchange

Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange. Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit. According to a Wednesday announcement from…

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Data sharing is the next crypto compliance frontier

Data sharing is the next crypto compliance frontier

With crypto scams hitting $9.9 billion in 2024 and 90% of UK crypto apps failing AML checks, the industry needs data sharing to combat fraud. Opinion by: Mike Haley, CEO of Cifas While the crypto industry is revolutionizing the world of finance, there’s an underlying reality bubbling beneath the surface. Hitting record levels, cryptocurrency scams…

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