Binance cryptocurrency exchange announced the start of delivery of the Binance Visa Card to the European Economic Area (EEA) and support for the ETH cryptocurrency. Eurozone users will start receiving their cards soon, according to Binance’s announcement. To do this, they need to complete the ordering procedure. The daily spending limit for a physical Binance Visa Card is € 8,700, and no more than € 290 can be withdrawn from ATMs per day. Card users

This year, the Estonian authorities revoked the licenses of more than 1,000 cryptocurrency firms amid tightening oversight of the cryptocurrency industry and the fight against money laundering. The Estonian Ministry of Finance announced that the Financial Intelligence Agency has revoked licenses from more than 1,000 cryptocurrency companies since the beginning of the year. The statement followed a meeting of the State Commission on Combating Money Laundering, which discussed issues related to the regulation of cryptocurrency

Australia-based digital payments infrastructure provider Banxa plans to be listed on the Canadian TSX Venture Exchange later this month. Banxa’s shares will be listed on the TSX Venture Exchange on December 25, with a market cap of nearly $ 50 million. This listing will be the first in the world for this type of cryptocurrency company. TSX Venture Exchange is a Canadian public venture capital market for emerging companies. It is operated by the TMX

The large darknet market Sipulimarket has been closed and its assets have been confiscated by Finnish customs in cooperation with Europol and the Polish police. Europol and the Finnish Customs Service said last week that they “closed the darknet market Sipulimarket and confiscated all its content.” The operation was carried out in close cooperation with the Polish Police Office in Wroclaw, Europol’s European Cybercrime Center and Eurojust. “The Finnish Customs confiscated the web server and

The Swedish government is preparing to go digital. The authorities plan to complete studies related to the release of the state cryptocurrency by the end of 2022. This was stated by the Minister of Finance of Sweden Per Bolund (Per Bolund), adding that by this time the government will provide a detailed report on its research and developments. To date, the authorities are still studying how to safely transfer the country’s payment infrastructure to digital

The IRS added a clause on cryptocurrencies to the main body of Form 1040. Previously, the question of ownership of cryptoassets was in Appendix 1, which was not filled out by all taxpayers. The IRS has moved the issue of ownership of cryptocurrencies to the main body of Form 1040, which is filled out by most taxpayers in the country. Now the question “During 2020, did you receive, sell or otherwise acquire financial interest in

SpaceChain has received a £ 440,000 grant to develop a decentralized satellite infrastructure as part of the European Scientific Cooperation Agency EUREKA’s Globalstars initiative. In addition to the British project SpaceChain, Addvalue Innovation and Alba Orbital will participate in research and development. SpaceChain said it will use the funds to create a blockchain-based system that will display data from satellites in real time. The LEO satellite network is “democratizing” the emerging space industry, giving more

Bitwise Asset Management, a crypto asset management company, has opened access to the purchase of shares of the Bitwise 10 Crypto Index Fund through the OTC Markets Group. Previously, it was only possible to buy shares of the fund directly from Bitwise and at par. However, any investors now have access to trading index fund shares through their brokerage accounts. The fund is traded on the OTC Markets Group platform under the symbol BITW and

The French Ministry of Finance has prepared a package of documents tightening the regulation and requirements for user identification (KYC) for cryptocurrency platforms. In addition to tightening KYC requirements, the resolution proposes to ensure regulation of all cryptocurrency transactions, even without the participation of fiat currencies. The French cryptocurrency association ADAN has been granted access to the document as a “trusted participant” in issues related to digital assets. According to ADAN President Simon Polrot, the

For the first time, the Dutch bank ING disclosed information about preliminary testing of a digital asset storage solution that was developed as part of the Pyctor project. At the Singapore Fintech Festival, ING Blockchain Leader Herve Francois spoke about the work done under the Pyctor project. The project develops infrastructure for storage and post-trading of cryptoassets, and this year was included in the regulatory sandbox of the UK Financial Conduct Authority (FCA). Pyctor is