Malta offers four licenses under the Virtual Financial Assets Act (VFAA) for companies seeking to provide services related to cryptocurrencies. These VFAA crypto licenses entail varying rights and investment levels.
Obtaining a cryptocurrency license in the USA is not a one-size-fits-all affair. Multiple permits are typically required to conduct crypto-related business activities in the United States.
Visa has launched intra-bank settlements in the dollar stablecoin USDC in the US, connecting partner banks and expanding the use of blockchain payments.
The market capitalization of euro-denominated stablecoins has surpassed $1 billion, growing by more than 100% in 2025 amid the launch of the MiCA regulation and the departure of USDT from the EU market.
The Central Bank of Russia is discussing classifying crypto exchanges as a separate category and licensing them. The regulator plans to introduce uniform rules for digital asset trading, strengthen oversight of illegal transactions, and define the conditions for investor access to cryptocurrencies.
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