Telegram’s Wallet service receives Uzbekistan license for crypto operations

Telegram expands crypto services to Uzbekistan market Telegram’s Wallet service has secured official licensing in Uzbekistan, allowing the platform to offer cryptocurrency services to local users. This approval means that Uzbekistan-based Telegram users can now access digital assets directly through the app’s integrated wallet feature. I think this represents a significant step for Telegram’s crypto…

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Argentina central bank considers allowing banks to offer crypto services

Argentina’s Central Bank Weighs Crypto Banking Rules According to local media reports, Argentina’s central bank is examining a new regulatory framework that would permit private banks to enter the cryptocurrency business. Sources close to the institution told La Nacion newspaper that officials are already drafting measures to make this possible, though no specific timeline or…

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EU proposes centralized crypto licensing under ESMA, raising industry concerns

European Commission seeks expanded powers for financial regulator I think this is one of those regulatory moves that could really shape how crypto develops in Europe over the next few years. The European Commission just put forward a proposal to give the European Securities and Markets Authority (ESMA) direct supervisory powers over crypto-asset service providers,…

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Indian authorities report smugglers shift to stablecoins for cross-border crime

Criminal Groups Adopting Crypto for Smuggling Operations India’s Directorate of Revenue Intelligence has published a report showing something I find quite concerning. Criminal networks are moving away from traditional hawala money transfer systems and embracing stablecoins instead. The shift appears to be happening faster than many expected. The 2024-25 Smuggling in India Report details how…

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Turkish Crypto Exchange Paribu Acquires CoinMENA for $240 Million

Major Cross-Border Crypto Deal Completed Paribu, one of Turkey’s leading digital asset platforms, has made a significant move by acquiring Bahrain-based cryptocurrency exchange CoinMENA. The deal is valued at up to $240 million, which makes it Turkey’s largest fintech acquisition to date. More importantly, it represents the country’s first major cross-border crypto transaction. The announcement…

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