Crypto News

Gemini's Expansion to Miami The Winklevoss twins, known for their role in the founding of Facebook, have been heavily involved in the cryptocurrency space since 2012. They launched Gemini in 2015 as a digital asset exchange and custodian, allowing users to buy, sell, and store various cryptocurrencies such as Bitcoin and Ethereum. With the recent surge in popularity and adoption of cryptocurrencies, Gemini has seen significant growth and is now expanding its operations to Miami. Miami's Growing Crypto Scene Miami has become a hub for cryptocurrency companies and events. The city hosted the annual Bitcoin 2021 conference, which was attended by thousands of crypto enthusiasts and featured high-profile speakers such as Twitter CEO Jack Dorsey and MicroStrategy CEO Michael Saylor. With its warm climate and business-friendly policies, Miami has become an attractive location for crypto companies looking to establish a presence in the United ...

Regulating Digital Assets in Vanuatu Vanuatu, a small island nation in the Pacific, has recently taken steps towards regulating digital assets. This move is aimed towards providing a safe and secure environment for cryptocurrency companies to operate within the country. The Vanuatu Financial Services Commission (VFSC) has been given the authority to issue licenses to crypto service providers, making the country one of the first in the region to have a licensing regime for crypto companies. Stringent Laws for Crypto Companies The newly passed legislation, known as the Virtual Asset Service Providers Act, has been described as “very stringent” by a government regulatory consultant. This means that crypto companies wanting to operate in Vanuatu will have to adhere to strict regulations and comply with international standards such as the Financial Action Task Force's Anti-Money Laundering, Counter-Terrorism Financing and Travel Rule standar...