The pre-authorization for Okx brings it closer to obtaining a complete MiCA license after establishing a dedicated MiCA hub in Malta. Okx Inches Closer to Full MiCA License Okx Exchange has announced the receipt of Markets in Crypto-Assets Regulation (MiCA) pre-authorization for Virtual Financial Assets (VFA). This is a precursor to obtaining a full MiCA […]
Bitget, a South Africa-based cryptocurrency exchange, has recently announced that it received a Bitcoin Service Provider (BSP) license in El Salvador, opening the doors to start operating locally. This milestone allows the company to “offer services such as bitcoin-to-fiat currency exchanges, bitcoin payment facilitation, and secure bitcoin custody solutions for its clientele,” according to a […]
The Nigerian government received nearly $ 100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating without a banking license. Plea Agreement The Nigerian Federal Government recently received nearly …
PRESS RELEASE. ABD Systems, a company with over 13 years of experience in IT solutions, recently announced that its new crypto project, the ABDS Token, successfully completed KYC verification through CertiK, earning high recognition in the process. This achievement wasn’t just the standard KYC check but was done with special distinction. The ABD Systems team […]
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more […]