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UK Rejects Calling Crypto As Gambling 

Uk Rejects Calling Crypto As Gambling

key takeaways:  In a landmark decision, the United Kingdom’s regulatory authorities have taken a significant step towards providing much-needed clarity on the status of cryptocurrencies in the country. The UK has rejected the notion of classifying cryptocurrency trading and investment…

Kuwait Implements Ban on Crypto and Virtual Assets

Kuwait Implements Ban On Crypto And Virtual Assets

Key Takeaways Kuwait’s financial landscape underwent a significant transformation on July 18, 2023, as the Capital Markets Authority (CMA), the main financial regulator in the country, issued a circular addressing the supervision and issuance of virtual assets. The circular confirmed…

Nasdaq Suspends Cryptocurrency Custody Service Launch

Nasdaq Suspends Cryptocurrency Custody Service Launch

Key takeaways :  In a surprising development, Nasdaq, one of the world’s largest stock exchanges, has announced the suspension of its planned cryptocurrency custody service launch.  The decision comes amidst a rapidly evolving landscape for digital assets and highlights the…

Societe Generale receives First Crypto License in France

Societe Generale Receives First Crypto License In France

Key takeaways:  In a landmark development for the cryptocurrency industry, Societe Generale, one of France‘s leading financial institutions, has been granted the first-ever crypto license by French regulatory authorities.  The license, known as “Prerequisite for Numerous Service Activities” (PSAN), grants…

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