Global #crypto businesses

Fintech law firm Gofaizen & Sherle has released the Crypto License Navigator, an interactive tool designed to help crypto businesses like startups and exchanges evaluate and compare their licensing options across different jurisdictions.

Brazil's Central Bank has announced that it will officially begin regulating Virtual Asset Service Providers (VASPs) in 2026.

On September 5th, the U.S. Securities and Exchange Commission (SEC) announced proposed rule changes aimed at creating a "safe harbor" for cryptocurrency companies.

The Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have reportedly signed a partnership to create a unified regulatory framework for cryptocurrencies across the UAE.

In a landmark move to modernize U.S. securities regulation, Securities and Exchange Commission (SEC) Chairman Paul Atkins has unveiled “Project Crypto.”

Japan continues to lead in crypto regulation and adoption, maintaining its reputation as a global front-runner in digital asset oversight.

Singapore solidified its position as a leading hub for digital assets in 2024, while Hong Kong faced challenges in its bid to attract crypto businesses.

The crypto landscape has evolved significantly in 2024, with numerous countries embracing digital assets and creating favorable environments for crypto businesses.

In a significant enforcement action, Dubai’s Virtual Assets Regulatory Authority (VARA) announced on Wednesday that it has issued cease-and-desist orders and imposed fines on seven entities operating without the necessary licenses and violating marketing regulations.

As the cryptocurrency market continues to evolve, certain countries are emerging as prime destinations for crypto businesses in 2024. A recent report by Social Capital Markets identifies Dubai, Switzerland, and South Korea as the top three countries, thanks to their legal clarity, favorable tax regimes, and growing acceptance of cryptocurrency payments.

The European Union (EU) is taking a firmer stance on crypto assets with the release of new classification guidelines under the Markets in Crypto Assets (MiCA) regulation. These guidelines aim to clarify how different types of crypto assets will be categorized and regulated.

The Polish crypto market is experiencing a boom, and for good reason. Regulations introduced in 2021 require various crypto businesses to obtain a license to operate legally