Microsoft’s $13-billion investment in OpenAI has earned it a seat on the company’s board and the attention of European regulators.
Ireland News
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Other companies in the CBI VASP register include Coinbase and Gemini exchanges, the payment processor MoonPay, Zodia Custody and others.
3571The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets Regulation with the Central Bank of Ireland and, if successful, will be able to “passport” its services across EU states.
5937To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
4841The move follows the crypto exchange’s successful VASP registration in Italy.
2623Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out.
478956.8% of metaverse-related tweets from Vietnam were positive sentiments that support the concept.
8562Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults.
2944Operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup.
5085The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.
6415Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year.
1517New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a VASP license.
2974A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country.
2678The central bank warned people to be mindful of “the risks of misleading advertisements, particularly on social media, where influencers are being paid to advertise crypto assets.”
2190The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA.
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