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UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

“We are now working at pace to deliver the legislation to put our final proposals for our regime in place,” Afolami said. “Once it goes live, a whole host of crypto asset activities, including operating an exchange, taking custody of customers’ assets and other things, will come within the regulatory perimeter for the first time.”

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Germany’s Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda

“By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest security standards,” Stefanie Münz, member of the LBBW board of directors responsible for finance, strategy and operations, said in a press statement. “Bitpanda provides the necessary technical and regulatory infrastructure to offer our customers innovative and, above all, secure solutions in the area of digital assets.”

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South Africa Starts Issuing Crypto Licenses, And Luno Is Among First Recipients

“This is a positive step for both the cryptocurrency industry and South Africans. Compliance, safety and security for our customers have driven our growth since the beginning and will continue to be priorities as we expand our offering to introduce more features and products for financial institutions,” Christo de Wit, Luno’s country manager for South Africa, said in the statement.

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Bitget Wallet Unveils $200,000 Meme Coin Fiesta Following Its Meme Coin Launch – CoinJournal

Victoria, Seychelles, April 11th, 2024, Chainwire Bitget Wallet, at the forefront of the Web3 wallet landscape, has recently unveiled a meme coin-themed event, showcasing a substantial prize pool of $200,000. This move comes on the heels of the successful launch of its meme coin, MOEW, on the Base mainnet. This experimental token launch marked a bold step in Bitget Wallet’s journey towards innovation in the meme coin space. The debut of MOEW last week achieved a surge of over 22,000%

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STEPN airdrops $30M GMT tokens ahead of major global partnership – CoinJournal

STEPN distributes 100 million FSL Points to users. The airdrop aims to reward loyal community members and fuel engagement within the STEPN ecosystem. STEPN is also expected to announce a partnership with a leading global sports brand soon. According to a post on X, Move-to-earn lifestyle app, STEPN, has completed an extensive airdrop campaign, allocating 100 million FSL Points to its user base, valued at $30 million. The initiative, unveiled ahead of an impending partnership with a renowned sports brand,

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First Mover Americas: Galaxy Digital to Raise $100M for New Fund

Galaxy Digital’s venture team has long invested its own money in crypto companies. Now, it’s planning to do that with outside investors’ capital, too. The investments giant is putting together a $100 million fund that will invest in early-stage crypto companies, according to an investor email shared with CoinDesk. Galaxy moved its venture capital franchise into its asset management business in 2023. The Galaxy Ventures Fund I fund aims to invest in as many as 30 startups over the next

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Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports

The matter was adjourned due to the Federal Inland Revenue Service (FIRS) not being able to serve Binance’s Head of Financial Crime Compliance Tigran Gambaryan the charges while he was in custody, the Punch reported. While Gambaryan was detained along with another Binance executive, Nadeem Anjarwalla, in February, the latter has since escaped custody. Gambaryan reportedly appeared in court Thursday.

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GSR Markets gets Major Payment Institution license from the MAS

GSR Markets secures MAS license, paving the way for OTC services in Singapore. Singapore aims to be a crypto-friendly hub with regulatory compliance. MAS recently expanded its regulations to safeguard investors amidst market turbulence. GSR Markets, a prominent crypto market maker, has obtained a Major Payment Institution license from MAS in Singapore. The license enables GSR Markets to offer spot over-the-counter (OTC) and market-making services within the regulated framework of Singapore. Singapore’s push for blockchain innovation Singapore has been actively

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