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Bullish
JUST IN: #coinbase has obtained its #VASP registration in the United Kingdom issued by the Financial Conduct Authority (FCA).
JUST IN: #coinbase has obtained its #VASP registration in the United Kingdom issued by the Financial Conduct Authority (FCA).
Brazilian Lawmaker Proposes Amendment to Remove Cryptocurrency Tax Provisions June 16, 2025 – Brasília — A Brazilian lawmaker has introduced a controversial amendment aimed at stripping cryptocurrency-specific tax provisions from the country’s recently enacted income tax reform. Federal Deputy Fernando Marangoni proposed the amendment to remove clauses that would subject foreign-held crypto assets to taxation under Brazil’s updated tax rules. The current legislation, which took effect on January 1, 2024, treats cryptocurrencies held abroad similarly to traditional financial assets, taxing capital gains when these assets are repatriated or used within Brazil. Marangoni argues that taxing digital assets held in foreign exchanges places undue burdens on Brazilian investors and may discourage innovation and participation in the global digital economy. “We must avoid overregulating a sector that is still evolving. Instead of penalizing Brazilians investing in crypto, we should be encouraging financial modernization,” he stated. The proposed amendment has sparked debate among lawmakers and industry stakeholders. Supporters of the existing law argue that equal taxation across asset classes ensures fairness and helps prevent tax evasion through offshore crypto holdings. Brazil has been progressively moving toward a more regulated crypto environment. The country’s Central Bank was designated as the primary crypto regulator in mid-2024, and a new licensing regime for virtual asset service providers (VASPs) is already underway. If passed, Marangoni’s amendment could significantly alter Brazil’s approach to crypto taxation, potentially making it a more favorable environment for digital asset investors. However, the proposal still faces scrutiny in Congress and is expected to undergo committee evaluations in the coming weeks. #BrazilReal #BrazilFinance #BrazilInnovates #VASP #income
Brazilian Lawmaker Proposes Amendment to Remove Cryptocurrency Tax Provisions

June 16, 2025 – Brasília — A Brazilian lawmaker has introduced a controversial amendment aimed at stripping cryptocurrency-specific tax provisions from the country’s recently enacted income tax reform.

Federal Deputy Fernando Marangoni proposed the amendment to remove clauses that would subject foreign-held crypto assets to taxation under Brazil’s updated tax rules. The current legislation, which took effect on January 1, 2024, treats cryptocurrencies held abroad similarly to traditional financial assets, taxing capital gains when these assets are repatriated or used within Brazil.

Marangoni argues that taxing digital assets held in foreign exchanges places undue burdens on Brazilian investors and may discourage innovation and participation in the global digital economy. “We must avoid overregulating a sector that is still evolving. Instead of penalizing Brazilians investing in crypto, we should be encouraging financial modernization,” he stated.

The proposed amendment has sparked debate among lawmakers and industry stakeholders. Supporters of the existing law argue that equal taxation across asset classes ensures fairness and helps prevent tax evasion through offshore crypto holdings.

Brazil has been progressively moving toward a more regulated crypto environment. The country’s Central Bank was designated as the primary crypto regulator in mid-2024, and a new licensing regime for virtual asset service providers (VASPs) is already underway.

If passed, Marangoni’s amendment could significantly alter Brazil’s approach to crypto taxation, potentially making it a more favorable environment for digital asset investors. However, the proposal still faces scrutiny in Congress and is expected to undergo committee evaluations in the coming weeks.
#BrazilReal #BrazilFinance #BrazilInnovates #VASP #income
🚨 MANTRA $OM reaches a new level! 🚨 ✅ Officially received VASP license in Dubai 🇦🇪 ✅ Preparing $1B+ in tokenized assets with DAMAC Group 💰 ✅ $OM +100% growth in a month 📈 {spot}(OMUSDT) This is just the beginning! DeFi and TradFi are merging — the future is already here! 🚀 #MANTRA #OM #Crypto #DeFi #VASP
🚨 MANTRA $OM reaches a new level! 🚨

✅ Officially received VASP license in Dubai 🇦🇪
✅ Preparing $1B+ in tokenized assets with DAMAC Group 💰
$OM +100% growth in a month 📈


This is just the beginning! DeFi and TradFi are merging — the future is already here! 🚀

#MANTRA #OM #Crypto #DeFi #VASP
Plasma, the first-level blockchain $XPL , which develops infrastructure for stablecoin payments, announced the expansion of its activities in Europe. The company has obtained a virtual asset service provider license (#VASP ) in Italy, opened a new office in the Netherlands, and is preparing to submit applications for MiCA and Electronic Money Institution licenses (#EMI ). As part of its European expansion, Plasma plans to create a regulated payment ecosystem based on stablecoins — from transaction processing to integration with financial institutions. Thanks to the acquisition of a VASP-licensed company in Italy, Plasma can now legally process crypto transactions and hold clients' assets within the EU. The name of the acquired company has not yet been disclosed by Plasma. The next step will be to obtain the status of a crypto asset service provider (CASP) under regulation #MiCA , as well as an EMI license. These permits will allow Plasma to exchange digital assets, issue cards, and hold users' funds under the supervision of regulators. {future}(XPLUSDT)
Plasma, the first-level blockchain $XPL , which develops infrastructure for stablecoin payments, announced the expansion of its activities in Europe. The company has obtained a virtual asset service provider license (#VASP ) in Italy, opened a new office in the Netherlands, and is preparing to submit applications for MiCA and Electronic Money Institution licenses (#EMI ).

As part of its European expansion, Plasma plans to create a regulated payment ecosystem based on stablecoins — from transaction processing to integration with financial institutions.

Thanks to the acquisition of a VASP-licensed company in Italy, Plasma can now legally process crypto transactions and hold clients' assets within the EU. The name of the acquired company has not yet been disclosed by Plasma.

The next step will be to obtain the status of a crypto asset service provider (CASP) under regulation #MiCA , as well as an EMI license. These permits will allow Plasma to exchange digital assets, issue cards, and hold users' funds under the supervision of regulators.

🚨 GHANA LEGALIZES CRYPTO TRADING 🇬🇭 Ghana’s Parliament has passed the Virtual Asset Service Providers (VASP) Act, officially legalizing cryptocurrency trading. 📜 What’s included: • Clear regulatory framework for exchanges & digital-asset businesses • Bank of Ghana to handle licensing and supervision • Focus on consumer protection, compliance, and market stability 🌍 Why this matters: • Strengthens crypto adoption across Africa • Encourages institutional and foreign investment • Moves crypto from informal use to regulated innovation 🔑 Bottom line: Regulation isn’t a ban — it’s a bridge to growth. #CryptoAdoption #Ghana #VASP #Blockchain #DigitalAssets
🚨 GHANA LEGALIZES CRYPTO TRADING 🇬🇭
Ghana’s Parliament has passed the Virtual Asset Service Providers (VASP) Act, officially legalizing cryptocurrency trading.
📜 What’s included:
• Clear regulatory framework for exchanges & digital-asset businesses
• Bank of Ghana to handle licensing and supervision
• Focus on consumer protection, compliance, and market stability
🌍 Why this matters:
• Strengthens crypto adoption across Africa
• Encourages institutional and foreign investment
• Moves crypto from informal use to regulated innovation
🔑 Bottom line:
Regulation isn’t a ban — it’s a bridge to growth.
#CryptoAdoption #Ghana #VASP #Blockchain #DigitalAssets
#BİNANCE Gains AML Registration in Pakistan as It Advances Toward VASP Licensing Binance has secured Anti-Money Laundering (AML) registration from Pakistan’s Virtual Assets Regulatory Authority (PVARA), marking a meaningful step forward in its journey toward a full Virtual Asset Service Provider (VASP) licence. 🇵🇰✨ This milestone allows the exchange to operate within defined compliance frameworks and signals growing regulatory engagement between Binance and Pakistani authorities. The move is part of Pakistan’s phased approach to a transparent, well-regulated digital-assets ecosystem aligned with global standards — bringing the country closer to mainstream crypto adoption and innovation. #crypto #Pakistan #VASP #Regulation {future}(BTCUSDT)
#BİNANCE Gains AML Registration in Pakistan as It Advances Toward VASP Licensing

Binance has secured Anti-Money Laundering (AML) registration from Pakistan’s Virtual Assets Regulatory Authority (PVARA), marking a meaningful step forward in its journey toward a full Virtual Asset Service Provider (VASP) licence. 🇵🇰✨ This milestone allows the exchange to operate within defined compliance frameworks and signals growing regulatory engagement between Binance and Pakistani authorities. The move is part of Pakistan’s phased approach to a transparent, well-regulated digital-assets ecosystem aligned with global standards — bringing the country closer to mainstream crypto adoption and innovation.
#crypto #Pakistan #VASP #Regulation
🇵🇰 Binance Achieves Key AML Registration Milestone in Pakistan: Paving the Way for Regulated Digital Asset Growth Binance is proud to announce a crucial step forward in its commitment to fostering a regulated and secure digital asset ecosystem in Pakistan. Following continuous, strategic engagements with key Pakistani government officials, led by Co-CEO Richard Teng, Binance has successfully obtained Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA) framework. What This Means * A Crucial First Step: This AML registration marks a preliminary, phased clearance (often referred to as an NOC) toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan. * Compliance-First Approach: This milestone reinforces Binance's commitment to compliance, transparency, and building a robust framework aligned with global standards and Pakistan’s regulatory roadmap. * Continued Service: For our users, the day-to-day experience remains substantially the same, as these changes are related to regulatory structuring and licensing preparation. This collaborative approach demonstrates how industry leadership and governmental foresight can work together to safely unlock the potential of the digital economy for millions in South Asia. We look forward to continuing our journey with PVARA to build a transparent and inclusive future for virtual assets in Pakistan! Key SEO Hashtags: #Binance #Pakistan #CryptoRegulation #PVARA #DigitalAssets #VASP #AML $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
🇵🇰 Binance Achieves Key AML Registration Milestone in Pakistan: Paving the Way for Regulated Digital Asset Growth
Binance is proud to announce a crucial step forward in its commitment to fostering a regulated and secure digital asset ecosystem in Pakistan.
Following continuous, strategic engagements with key Pakistani government officials, led by Co-CEO Richard Teng, Binance has successfully obtained Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA) framework.
What This Means
* A Crucial First Step: This AML registration marks a preliminary, phased clearance (often referred to as an NOC) toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan.
* Compliance-First Approach: This milestone reinforces Binance's commitment to compliance, transparency, and building a robust framework aligned with global standards and Pakistan’s regulatory roadmap.
* Continued Service: For our users, the day-to-day experience remains substantially the same, as these changes are related to regulatory structuring and licensing preparation.
This collaborative approach demonstrates how industry leadership and governmental foresight can work together to safely unlock the potential of the digital economy for millions in South Asia.
We look forward to continuing our journey with PVARA to build a transparent and inclusive future for virtual assets in Pakistan!
Key SEO Hashtags:
#Binance #Pakistan #CryptoRegulation #PVARA #DigitalAssets #VASP #AML
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Is Hong Kong Pulling Off The Ultimate Balancing Act? 🇭🇰🤔 The Hong Kong Monetary Authority is refining its strategy to become the world’s premier crypto hub! 🏛️✨ By tightening consumer protection rules, they are building the trust necessary for long-term market stability. 🛡️ $BTC {future}(BTCUSDT) However, the real game-changer is the easing of custody fees, which acts as a massive "welcome mat" for global institutional capital! 💸💼 $SEI {future}(SEIUSDT) From an economic perspective, this dual approach lowers operational costs for big players while ensuring retail users aren't left behind. 📊 $ZEC {future}(ZECUSDT) It’s a masterclass in regulatory evolution—balancing safety with aggressive growth incentives. 🚀 Hong Kong is clearly signaling that it wants the big money, but it wants that money to be safe! 📈💎🌐 #HongKong #HKM #VASP #CryptoRegulation
Is Hong Kong Pulling Off The Ultimate Balancing Act? 🇭🇰🤔
The Hong Kong Monetary Authority is refining its strategy to become the world’s premier crypto hub! 🏛️✨

By tightening consumer protection rules, they are building the trust necessary for long-term market stability. 🛡️
$BTC
However, the real game-changer is the easing of custody fees, which acts as a massive "welcome mat" for global institutional capital! 💸💼
$SEI
From an economic perspective, this dual approach lowers operational costs for big players while ensuring retail users aren't left behind. 📊
$ZEC
It’s a masterclass in regulatory evolution—balancing safety with aggressive growth incentives. 🚀
Hong Kong is clearly signaling that it wants the big money, but it wants that money to be safe! 📈💎🌐
#HongKong #HKM #VASP #CryptoRegulation
HashKey Secures VASP License in Ireland within MiCA Compliance Framework!Exciting news for the crypto world as HashKey Group, a prominent digital asset management and blockchain solutions provider, has just obtained a Virtual Asset Service Provider (VASP) license in Ireland! 🇮🇪 This milestone aligns perfectly with HashKey’s expansion plans in Europe, signaling strong growth and compliance within the evolving MiCA (Markets in Crypto-Assets) regulatory framework. 🔑 Key Takeaways: HashKey is now officially licensed to operate as a VASP in Ireland.This development opens the door for broader European market expansion.Ensures compliance with MiCA, boosting credibility in the crypto space. With the ever-growing regulatory landscape in Europe, this is a strategic move that positions HashKey for success in the digital asset industry. 🌐 Stay tuned for more updates on how this regulatory shift will impact the global crypto market! 💬 What do you think about the impact of MiCA on the crypto industry? Share your thoughts below! #CryptoNewss #VASP #MiCACompliance #HashKeyExpansion #blockchaineconomy

HashKey Secures VASP License in Ireland within MiCA Compliance Framework!

Exciting news for the crypto world as HashKey Group, a prominent digital asset management and blockchain solutions provider, has just obtained a Virtual Asset Service Provider (VASP) license in Ireland! 🇮🇪
This milestone aligns perfectly with HashKey’s expansion plans in Europe, signaling strong growth and compliance within the evolving MiCA (Markets in Crypto-Assets) regulatory framework.
🔑 Key Takeaways:
HashKey is now officially licensed to operate as a VASP in Ireland.This development opens the door for broader European market expansion.Ensures compliance with MiCA, boosting credibility in the crypto space.
With the ever-growing regulatory landscape in Europe, this is a strategic move that positions HashKey for success in the digital asset industry. 🌐
Stay tuned for more updates on how this regulatory shift will impact the global crypto market!
💬 What do you think about the impact of MiCA on the crypto industry? Share your thoughts below!
#CryptoNewss #VASP #MiCACompliance #HashKeyExpansion #blockchaineconomy
Pakistan Invites Global Crypto Firms to Apply for Licenses New PVARA framework targets regulated VASPs with strict compliance standards Pakistan has opened its doors to global crypto exchanges and virtual asset service providers (VASPs), inviting them to apply for operational licenses under a newly established federal framework led by the Pakistan Virtual Assets Regulatory Authority (PVARA). Eligible applicants must already be licensed by top regulators such as the U.S. SEC, UK FCA, EU VASP regime, UAE’s VARA, or Singapore’s MAS. Submissions must include company profile, existing licenses, proposed services (trading, custody, payments), technology and security standards, assets under management, revenue, compliance history, and a Pakistan-specific business model. According to PVARA, the initiative aims to curb illicit finance while unlocking opportunities in fintech, remittances, tokenization, and Shariah-compliant finance. Pakistan recently ranked third in the 2025 Global Crypto Adoption Index, underscoring its rapid rise as a major emerging crypto market. #Pakistan #CryptoRegulation #CryptoNews #VASP #Blockchain #DigitalAssets 
Pakistan Invites Global Crypto Firms to Apply for Licenses
New PVARA framework targets regulated VASPs with strict compliance standards

Pakistan has opened its doors to global crypto exchanges and virtual asset service providers (VASPs), inviting them to apply for operational licenses under a newly established federal framework led by the Pakistan Virtual Assets Regulatory Authority (PVARA).
Eligible applicants must already be licensed by top regulators such as the U.S. SEC, UK FCA, EU VASP regime, UAE’s VARA, or Singapore’s MAS. Submissions must include company profile, existing licenses, proposed services (trading, custody, payments), technology and security standards, assets under management, revenue, compliance history, and a Pakistan-specific business model.

According to PVARA, the initiative aims to curb illicit finance while unlocking opportunities in fintech, remittances, tokenization, and Shariah-compliant finance.
Pakistan recently ranked third in the 2025 Global Crypto Adoption Index, underscoring its rapid rise as a major emerging crypto market.

#Pakistan #CryptoRegulation #CryptoNews #VASP #Blockchain #DigitalAssets

South Korea Bans 14 Unregistered Cryptocurrency Apps from the Apple Store What Happened? On April 14, 2025, South Korea's Financial Intelligence Unit (FIU) banned 14 apps from the Apple Store operated by unregistered foreign virtual asset service providers (VASPs), including KuCoin and MEXC. This followed a similar action on March 25, when 17 apps were banned from the Google Play Store. Why is Korea taking these strict measures? • Regulatory compliance: To ensure all providers are registered with the FIU and comply with anti-money laundering (AML) and know-your-customer (KYC) laws. • Investor protection: To protect Korean investors from the risks of unregistered platforms. • Market integrity: To maintain fair competition with registered domestic platforms. • National security: To prevent illegal activities and protect the economy. Impact of the ban on users and platforms For users: • Restricted access to banned apps • Risk of losing money if platforms are shut down • Need to migrate to licensed platforms For websites and platforms: • Loss of Korean user base • Pressure to comply with Korean regulations • Damage to reputation. #kyc #aml #VASP #KUCOIN #MEXC
South Korea Bans 14 Unregistered Cryptocurrency Apps from the Apple Store

What Happened?
On April 14, 2025, South Korea's Financial Intelligence Unit (FIU) banned 14 apps from the Apple Store operated by unregistered foreign virtual asset service providers (VASPs), including KuCoin and MEXC. This followed a similar action on March 25, when 17 apps were banned from the Google Play Store.

Why is Korea taking these strict measures?
• Regulatory compliance: To ensure all providers are registered with the FIU and comply with anti-money laundering (AML) and know-your-customer (KYC) laws.
• Investor protection: To protect Korean investors from the risks of unregistered platforms.
• Market integrity: To maintain fair competition with registered domestic platforms.
• National security: To prevent illegal activities and protect the economy.

Impact of the ban on users and platforms
For users:
• Restricted access to banned apps
• Risk of losing money if platforms are shut down
• Need to migrate to licensed platforms

For websites and platforms:
• Loss of Korean user base
• Pressure to comply with Korean regulations
• Damage to reputation.
#kyc #aml #VASP #KUCOIN #MEXC
🚨BREAKING: 🚨 🇵🇰 Pakistan’s Virtual Assets Regulatory Authority (#PVARA ) has officially issued #NOCs to Binance and #HTX , allowing both exchanges to begin the regulatory onboarding process in the country. This means: • They can start formal engagement with Pakistani regulators • Begin AML/FMU registration • Prepare applications for full #VASP licences once the framework is finalized A major step toward regulated crypto adoption in Pakistan.
🚨BREAKING: 🚨

🇵🇰 Pakistan’s Virtual Assets Regulatory Authority (#PVARA ) has officially issued #NOCs to Binance and #HTX , allowing both exchanges to begin the regulatory onboarding process in the country.

This means:
• They can start formal engagement with Pakistani regulators
• Begin AML/FMU registration
• Prepare applications for full #VASP licences once the framework is finalized

A major step toward regulated crypto adoption in Pakistan.
Binance Pakistan Just Hit HUGE Regulatory Milestone! 🇵🇰 Binance has officially secured its Anti-Money Laundering (AML) registration from Pakistan's VARA. This is a massive step towards their full Virtual Asset Service Provider (VASP) license. This achievement unlocks deeper local partnerships and signals a commitment to building a secure and transparent digital asset future in Pakistan. Get ready for more innovation! 🚀 #Binance #Pakistan #CryptoRegulation #VASP #AML 📈
Binance Pakistan Just Hit HUGE Regulatory Milestone! 🇵🇰

Binance has officially secured its Anti-Money Laundering (AML) registration from Pakistan's VARA. This is a massive step towards their full Virtual Asset Service Provider (VASP) license. This achievement unlocks deeper local partnerships and signals a commitment to building a secure and transparent digital asset future in Pakistan. Get ready for more innovation! 🚀

#Binance #Pakistan #CryptoRegulation #VASP #AML

📈
Breaking: 🚨 🇵🇰 Pakistan's Virtual Assets Regulatory Authority (PVARA) has officially issued NOCs to #Binance and #HTX , allowing both exchanges to commence the regulatory onboarding process in the country. This means: • They can begin formal engagement with Pakistani regulators. Start AML/FMU registration. Prepare applications for the full #VASP license after finalizing the framework. A significant step towards regulated crypto adoption in Pakistan. #TrumpTariffs #CPIWatch
Breaking: 🚨

🇵🇰 Pakistan's Virtual Assets Regulatory Authority (PVARA) has officially issued NOCs to #Binance and #HTX , allowing both exchanges to commence the regulatory onboarding process in the country.

This means:
• They can begin formal engagement with Pakistani regulators.
Start AML/FMU registration.
Prepare applications for the full #VASP license after finalizing the framework.

A significant step towards regulated crypto adoption in Pakistan.
#TrumpTariffs
#CPIWatch
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GIGGLE/USDT
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{future}(SOLUSDT) 🚨 GOOGLE PLAY STORE JUST DROPPED A KOREAN BOMB! 🇰🇷 ⚠️ Why this matters: Overseas crypto apps are getting the boot from South Korea's Android ecosystem starting Jan 28th unless they register as VASPs. This is a MASSIVE regulatory chokehold. • Overseas exchanges are effectively blocked from Android users. • The walls around the Korean crypto market are closing in FAST. • Expect immediate friction for $ETH, $XRP, and $SOL apps operating there. This is a huge signal on global regulatory pressure. Pay attention. #CryptoRegulation #SouthKorea #VASP #Altseason {future}(XRPUSDT) {future}(ETHUSDT)
🚨 GOOGLE PLAY STORE JUST DROPPED A KOREAN BOMB! 🇰🇷

⚠️ Why this matters: Overseas crypto apps are getting the boot from South Korea's Android ecosystem starting Jan 28th unless they register as VASPs. This is a MASSIVE regulatory chokehold.

• Overseas exchanges are effectively blocked from Android users.
• The walls around the Korean crypto market are closing in FAST.
• Expect immediate friction for $ETH, $XRP, and $SOL apps operating there.

This is a huge signal on global regulatory pressure. Pay attention.

#CryptoRegulation #SouthKorea #VASP #Altseason
The T3 Financial Crime Unit Helps the Spanish Authorities Freeze $26.4 Million Related to SyndicThe Spanish government has just announced the arrest of 23 individuals and the seizure of $26.4 million thanks to the support from the T3 Financial Crime Unit (T3 FCU). This is the largest bust of T3 to date, dismantling a transnational financial crime network in Europe. The Largest Arrest by T3 FCU According to a statement from the T3 Financial Crime Unit, this organization has helped Spanish authorities freeze $26.4 million related to a European financial crime organization. This is noted as the largest asset seizure the group has participated in since its inception last year. To date, T3 has frozen $126 million.

The T3 Financial Crime Unit Helps the Spanish Authorities Freeze $26.4 Million Related to Syndic

The Spanish government has just announced the arrest of 23 individuals and the seizure of $26.4 million thanks to the support from the T3 Financial Crime Unit (T3 FCU). This is the largest bust of T3 to date, dismantling a transnational financial crime network in Europe.
The Largest Arrest by T3 FCU
According to a statement from the T3 Financial Crime Unit, this organization has helped Spanish authorities freeze $26.4 million related to a European financial crime organization. This is noted as the largest asset seizure the group has participated in since its inception last year. To date, T3 has frozen $126 million.
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Crypto Exchange Bybit Obtains Provisional Approval From Dubai’s Regulator VARA. #VARA The exchange stressed this is "non-operational" approval but allows Bybit to move closer to obtaining a full VASP license. #VASP Cryptocurrency exchange Bybit said it has taken a step toward strengthening its presence in Dubai by securing provisional approval from the Virtual Assets Regulatory Authority (VARA). The exchange stressed this is “non-operational” approval but allows Bybit to move closer to obtaining a full Virtual Asset Service Provider (VASP) license. This will allow the company to offer virtual asset exchange services to retail, institutional, and qualified investors in Dubai. Why Dubai? #Dubia Dubai has emerged as an important location for cryptocurrency and blockchain firms due to its policies, regulatory clarity, and strategic positioning. Bybit, which established its global headquarters in Dubai in 2022, has been an active participant in the city’s growing crypto ecosystem. #ecosystemgrowth “Dubai’s strategic location, progressive policies, and innovation-driven environment offer unparalleled opportunities for businesses and investors in the cryptocurrency sector,” said Helen Liu, chief operating officer of Bybit. {spot}(ADAUSDT) {spot}(TONUSDT) “With its robust regulatory framework and commitment to becoming a blockchain capital, Dubai is the ideal place to advance digital currencies and foster growth in this exciting industry,” adds Liu. #Lui $SOL At a recent panel discussion during Korea Blockchain Week (KBW2024) Binance CEO Richard Teng praised Dubai and its regulatory framework for digital assets. $BNB Commenting on the Middle East, Teng pointed to innovative regulatory approaches in countries like Abu Dhabi, Bahrain, and Dubai. He praised Dubai’s establishment of VARA which is dedicated solely to overseeing the crypto industry.
Crypto Exchange Bybit Obtains Provisional Approval From Dubai’s Regulator VARA. #VARA

The exchange stressed this is "non-operational" approval but allows Bybit to move closer to obtaining a full VASP license. #VASP

Cryptocurrency exchange Bybit said it has taken a step toward strengthening its presence in Dubai by securing provisional approval from the Virtual Assets Regulatory Authority (VARA).

The exchange stressed this is “non-operational” approval but allows Bybit to move closer to obtaining a full Virtual Asset Service Provider (VASP) license. This will allow the company to offer virtual asset exchange services to retail, institutional, and qualified investors in Dubai.

Why Dubai? #Dubia

Dubai has emerged as an important location for cryptocurrency and blockchain firms due to its policies, regulatory clarity, and strategic positioning.

Bybit, which established its global headquarters in Dubai in 2022, has been an active participant in the city’s growing crypto ecosystem. #ecosystemgrowth

“Dubai’s strategic location, progressive policies, and innovation-driven environment offer unparalleled opportunities for businesses and investors in the cryptocurrency sector,” said Helen Liu, chief operating officer of Bybit.


“With its robust regulatory framework and commitment to becoming a blockchain capital, Dubai is the ideal place to advance digital currencies and foster growth in this exciting industry,” adds Liu. #Lui
$SOL
At a recent panel discussion during Korea Blockchain Week (KBW2024) Binance CEO Richard Teng praised Dubai and its regulatory framework for digital assets.
$BNB
Commenting on the Middle East, Teng pointed to innovative regulatory approaches in countries like Abu Dhabi, Bahrain, and Dubai. He praised Dubai’s establishment of VARA which is dedicated solely to overseeing the crypto industry.
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Is Argentina finally letting crypto breathe, or are they just making the "digital gold" rush feel like a mandatory, high-speed chase through a tax office? 🇦🇷🤔 $BTC {future}(BTCUSDT) Oh, what a lovely New Year’s surprise! Starting January 1st, registration for Virtual Asset Service Providers just got a whole lot "cozier"—if your idea of cozy is a mountain of tighter regulations. $GIGGLE {future}(GIGGLEUSDT) It’s truly inspiring to see the government’s commitment to making sure every single Satoshi is accounted for, labeled, and filed under "none of your business." 🤡📑 $TRX {future}(TRXUSDT) Clearly, nothing says "financial freedom" quite like a fresh layer of bureaucracy to start the year. Good luck to the exchanges trying to jump through these new hoops while pretending everything is totally fine. 🧗‍♂️💸✨ #Argentina #VASP #CryptoRegulation #ComplianceLife
Is Argentina finally letting crypto breathe, or are they just making the "digital gold" rush feel like a mandatory, high-speed chase through a tax office? 🇦🇷🤔
$BTC

Oh, what a lovely New Year’s surprise! Starting January 1st, registration for Virtual Asset Service Providers just got a whole lot "cozier"—if your idea of cozy is a mountain of tighter regulations.
$GIGGLE

It’s truly inspiring to see the government’s commitment to making sure every single Satoshi is accounted for, labeled, and filed under "none of your business." 🤡📑
$TRX

Clearly, nothing says "financial freedom" quite like a fresh layer of bureaucracy to start the year. Good luck to the exchanges trying to jump through these new hoops while pretending everything is totally fine. 🧗‍♂️💸✨
#Argentina #VASP #CryptoRegulation #ComplianceLife
🇵🇰 Binance Achieves Key Regulatory Milestone in Pakistan! 🚀$BTC {spot}(BTCUSDT) ​Binance has announced a significant regulatory step forward in Pakistan, reinforcing its commitment to a regulated and secure digital-asset ecosystem in the country. Following strategic engagements led by Co-CEO Richard Teng with key Pakistani policymakers, the platform has successfully secured an Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA) framework. This crucial, phased development marks a major move towards full licensing and local incorporation in Pakistan, enabling Binance to offer AML-registered cross-border services while preparing for full Virtual Asset Service Provider (VASP) authorization, in alignment with the nation's regulatory roadmap. The company remains dedicated to collaborating with regional stakeholders to build a transparent and inclusive virtual asset ecosystem. ​#Pakistan #CryptoRegulation #DigitalAssets #VASP #RichardTeng
🇵🇰 Binance Achieves Key Regulatory Milestone in Pakistan! 🚀$BTC

​Binance has announced a significant regulatory step forward in Pakistan, reinforcing its commitment to a regulated and secure digital-asset ecosystem in the country. Following strategic engagements led by Co-CEO Richard Teng with key Pakistani policymakers, the platform has successfully secured an Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA) framework. This crucial, phased development marks a major move towards full licensing and local incorporation in Pakistan, enabling Binance to offer AML-registered cross-border services while preparing for full Virtual Asset Service Provider (VASP) authorization, in alignment with the nation's regulatory roadmap. The company remains dedicated to collaborating with regional stakeholders to build a transparent and inclusive virtual asset ecosystem.
#Pakistan #CryptoRegulation #DigitalAssets #VASP #RichardTeng
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