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Major cryptocurrency exchange KuCoin is the latest company to secure a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. KuCoin’s European arm, KuCoin EU, secured a MiCA license from the Financial Market Authority of Austria, the company said in a statement shared with Cointelegraph on Friday. The authorization allows KuCoin EU to…
An outage affecting web hosting giant Amazon Web Services (AWS) has taken out vast swathes of the web, including websites, banks, and some government services. On Monday afternoon, the company offered an update on the cause of the issue and noted it was still not yet resolved. In an announcement published to the Amazon website,…
The Australian treasury revealed a new draft proposal for crypto firms in the country, requiring them to hold licenses and be treated as financial products. The proposal would require crypto firms to hold financial service licenses, effectively bringing them under the wing of the country’s securities regulator, Australian Securities and Investments Commission (ASIC). Digital asset…
