The Art of Making CryptoCurrency
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated virtual assets sector in the UAE. Both regulators will work together to ensure […] Source link
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Company Name: Alby Founders: Michael Bumann, Moritz Kaminski and René Aaron Date Founded: Open-source project founded in December 2020 / Company founded in March 2022 Location of Headquarters: Fully remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 10 Website: https://getalby.com/ Public or Private? Private Michael Bumann wants to make it simpler for people to send value across the internet. This is why he created Alby — an open-source initiative-turned-company best known for its browser extension wallet app, which enables users to send and receive sats via the…
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The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect. First drafted in 2020, the EU’s regulatory package will govern the issuance and scope of services related to the cryptocurrency market. The European Parliament passed the MiCA regulations on April 20, and the bill was subsequently sent to the European Council for approval. On May 31, European Parliament President Roberta Metsola, and Swedish Rural Affairs Minister Peter Kullgren,…
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Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents on the eastern Pearl River Delta in South China. The city is known for being pro-innovation and technology, and over the past year, it has introduced legislation to promote and adopt cryptocurrencies. Hong Kong is a major world economy, serving as a center for investment and trade in the region. The city is a cosmopolitan metropolis with Western and Asian influences, and is a well-established…
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