In the past year, at least three exchanges have had their accounts shut down with major Portuguese banks, despite obtaining regulatory approval to operate in the country. And although some anticipate the MiCA bill to allow exchanges to do so, others are pessimistic about its reach.
Credit: Source link
Hong Kong looks to become global OTC crypto center with new EU style reporting
Hong Kong’s financial regulators have announced plans to harmonize the city’s over-the-counter (OTC) derivatives reporting regime, including crypto derivatives, with...