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The move follows the crypto exchange's successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain. According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto trading services to 27 European Union (EU) member states and European Economic Area (EEA) countries. Meanwhile, the VASP registration in Spain allows Kraken to offer exchange and wallet custodial services to Spanish residents. The firm is also registered as a VASP in Italy and Ireland. Kraken's vice president of global operations Curtis Ting commented: "We see a firm foundation for crypto in Europe, which has forward-looking regulation that enables us to grow with confidence." The platform currently supports over 200 trading pairs across six fiat currencies — the British pound, euro, U.S. dollar, ...

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20. Granted by the Arkansas Securities Department, the license officially enables Alchemy Pay to operate services like selling or issuing payment instruments, stored value, prepaid access, as well as receiving money , virtual currency, or monetary value for transmission. In receiving the Money Transmitter License, Alchemy Pay joins the ranks of many cryptocurrency firms that are authorized to provide crypto-to-fiat transactions in Arkansas, including Coinbase, Jack Dorsey’s Block, MoonPay, bitFlyer exchange and others. The license marks a significant milestone in Alchemy Pay’s efforts...

Join Our Telegram channel to stay up to date on breaking news coverage Terra, a layer one blockchain, had to temporarily shut down its website – Terra. money – to deter the ongoing phishing scams on the platform. 1/ Update: The terra(dot) money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Please read the following 🧵 for more information 👇 — Terra 🌍 Powered by LUNA 🌕 (@terra_money) August 22, 2023 “To avoid potential phishing scams, please continue to avoid interacting with sites with the terra(dot) money domain until we post another update confirming full access,” Terra told its followers via a tweet on Sunday. 1/ 📢 Attention Terra users, To avoid potential phishing scams, please continue to avoid interacting with sites with the terra(dot) money domain until we post another update confirming full access. — Terra ...

BTC price action may have taken a serious hit last week, but not every class of Bitcoin investor is dashing to the exit. Bitcoin (BTC) starts a new week in a precarious position after seeing its most extensive losses since November 2022. In a major comedown from ten-month highs, BTC/USD lost around 10% before the weekly candle finally closed. At around $27,600, the culmination of a grim few days for long traders means that BTC/USD is now caught battling for last month’s support. Market participants are in two minds as to how the situation might play out — some are betting on deeper downside, while others remain confident of retesting those multi-month highs. Catalysts may come in the form of United States macroeconomic data releases later in the week, while markets are also gearing up for the next Federal Reserve interest rate decision. With the recent correction taking some of the “greed” out of crypto sentiment, can the shock give way to more sustainable upside or is the bull market...