Regulators Partner to Bolster UAE’s Crypto Hub Status

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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CoinCorner And Lolly Partner To Introduce Bitcoin Payments Alongside Traditional Methods

CoinCorner, a global leader in Bitcoin and Lightning Network services, and Lolly, the hospitality software house, have joined forces to bring Bitcoin payment functionality to the LollyPoS platform, according to a press release sent to Bitcoin Magazine.  This partnership aims to transform the way payments are processed in the industry by integrating Bitcoin Lightning payments seamlessly into the existing infrastructure. Through this collaboration, the LollyPoS platform is now capable of processing Bitcoin payments for food and drinks, in addition to conventional payment methods such as cash and cards. When customers choose the…

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SEC calls ETF filings inadequate, Binance loses euro partner…

Top Stories This Week US SEC deems spot Bitcoin ETFs filings as inadequate There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate. The SEC told the Nasdaq and the Chicago Board Options Exchange that their filings are not “sufficiently clear and comprehensive.” The regulator returned the filings, citing the lack of information regarding the proposed surveillance-sharing agreement. Asset managers can still resubmit their applications. Cathie Wood’s ARK reportedly ‘first in…

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