Cryptocurrency trading platforms continue to operate under increasingly diverse regulatory and operational standards as oversight across the sector expands. In this environment, BitGW, a crypto exchange founded in 2023, has outlined its approach to regulatory compliance, operational transparency, and the use of automated risk management systems designed to support secure and stable trading activity.
BlockSec today announced the launch of Phalcon Compliance 3.1, an upgraded version of its blockchain compliance platform designed to support the rapidly evolving regulatory landscape across the Web3 and digital asset ecosystem. The release introduces a search-first compliance workflow that allows users to conduct KYT screening instantly, without requiring pre-payment, demo-driven onboarding, or account registration before...
Swan Bitcoin is proud to announce that it has successfully achieved SOC 2 Type 1 compliance, marking a significant milestone in its dedication to ensuring the highest standards of security, availability, and confidentiality for its customers. This certification, awarded by Schellman, a high-ranking IT compliance attestation firm, details the suitability of design and operating effectiveness of controls relevant to security, availability,...
XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that it has obtained the Major Payment Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank and financial regulator. This comes after it received its in-principle approval from the MAS in November last year.
CoinMENA FZE, a subsidiary of CoinMENA B.S.C. (c), one of the few regulated crypto asset service providers in the region, has successfully obtained a Virtual Asset Service Provider (VASP) license for VA Broker-Dealer services from Dubai's Virtual Assets Regulatory Authority (VARA) to operate and offer its services in and from the Emirate.
Nuant, a leader in Digital Asset Portfolio Management Systems, is pleased to announce its collaboration with MSCI Inc., a leading provider of mission-critical decision support tools and services for the global investment community. The collaboration sets a new benchmark by offering institutions in-depth sector classifications for digital assets, facilitated through MSCI datonomy™.
TaxBit, the premier end-to-end modern tax and accounting solution for the digital economy, announced its AI-enabled rules engine to empower businesses dealing with cryptocurrencies to streamline their accounting processes.
ChainUp, a leading global blockchain solutions provider, has been awarded three internationally recognised security accreditations - ISO/IEC 27001, 27017 and 27018 certifications. Following their announcement of the SOC 2 Type 1 achievement last week, attaining these highly-acclaimed certifications underscores ChainUp's dedication to maintaining stringent global security standards.
Northstake A/S, a regulated virtual asset service provider offering compliant staking products for institutions, has announced a strategic partnership with Coinify. Coinify is a global virtual currency platform and brokerage facilitating payments infrastructure for cryptocurrencies. Through this collaboration, Northstake will provide staking services for Coinify's premium institutional and high net worth individual (HNWIs)...
The AX1 syndicate has conducted an in-depth review of the latest legal developments in the cryptocurrency space, with particular attention to the regulations, exchanges, and tax implications for both the European Union and the United States. This review aims to illuminate the evolving regulatory landscape and highlight key areas of concern and significance.