With the issuance of General License Y5, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) extended until September 17 the protection of Citgo, a PDVSA subsidiary considered a strategic asset in Venezuelan debt litigation.
In this regard, OFAC extended the restriction on…
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The MiCA law on cryptocurrencies will come into effect in Spain on July 1st.
Companies offering the purchase, sale, and custody of cryptocurrencies in Spain must have permits to operate in the country from July 1st, the date on which the regulations in this market established by the MiCA law come into effect.…
OFAC authorizes sale of US diluents to Venezuela
The Office of Foreign Assets Control (OFAC) issued a new license last week for the sale of US diluents to Venezuela, as part of the opening of crude oil exports from the South American country.
According to this license, the export and…
Crixto Pay app allows you to use cryptocurrencies to make payments in bolivars
The crypto-financial services company Crixto Venezuela C. A. announced last week that its Crixto Pay mobile application is now available to use cryptocurrencies for payments in bolivars in the country.
The platform is authorized to…
Chevron to continue operations in Venezuela
The American oil company Chevron will continue operations in Venezuela after the United States Office of Foreign Assets Control (OFAC) automatically renewed General License number 41 for six months.
The decision was announced during the…
France granted Coinbase license to operate
The French Financial Markets Authority (AMF) granted Coinbase, the cryptocurrency exchange, the license as a Virtual Asset Service Provider (VASP), marking a significant step for its expansion into another major European market.
This…
Binance allegedly operating without a license in the Philippines
In a recent statement, the Philippine Securities and Exchange Commission (SEC) reveals that Binance, the renowned cryptocurrency exchange, has been operating in the country without proper regulatory approval. Issued on November 28, the…
Deutsche Bank to offer cryptocurrency custody and tokenization services
Germany's largest bank, Deutsche Bank, announced that it will offer cryptocurrency custody and tokenization service after signing an alliance with the Taurus platform.
The German bank's interest in digital assets became palpable in 2021.…
Binance obtains license as the first authorized exchange in El Salvador
Binance, one of the world's leading cryptocurrency exchanges, has marked a major milestone by becoming the first fully authorized exchange in El Salvador. The company has obtained fundamental licenses that give it the ability to provide…
Google employees who don’t get vaccinated could be fired
The internet giant, Google informed its employees of the need to be vaccinated against Covid-19 and those who are not immunized will be able to enjoy a license of up to 7 months to supply the corresponding doses; otherwise they will be…