The company says it has 'credible evidence' the Bahamas government directed unauthorized access to FTX systems after the company filed for bankruptcy in the U.S.
European cryptocurrency exchange Bitstamp has gained approval to operate in Spain from the country's central bank.
In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry.
Germany’s Bafin has issued just four crypto custody licenses, said Mark Branson, who also sits on the supervision arm of the European Central Bank
Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.
EU approval processes of 18 months can be sped up if there are concerns that FTX might topple, CoinDesk was told.
Crypto companies say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before year end.
Finance ministers from across the world are due to examine crypto regulations next week – but they may shy away from exploring DeFi.
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.