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Crypto News Daily – Binance EU Expansion with Moon Tech Spain!

Crypto News Daily: In the Crypto Today world, after a +8% BTC surge, Binance acquires VASP Registration for Spain, the Third EU Country. The registration with the Bank of Spain is obtained by the Subsidiary of Binance, named Moon Tech Spain.

Crypto News Daily

» Binance Crypto Exchange is Now in Spain!

The Virtual Asset Service Provider (VASP) registration earned by Binance began on January 28, now letting Binance operate in Spain. The Crypto exchange will completely comply with the Central Bank’s norms, namely Anti-money Laundering (AML) and Counter-Terrorist Funding (CTF).

  • Binance Chief affirms employing AMLD 5 and 6 compliant tools and policies in place to retain trust in the platform.
  • Binance acquired VASP registration in France and Italy in May 2022.
  • The French Binance expansion aims at establishing a Binance Research and Development hub that recruits talent for Web3 opportunities.
  • Rivals FTX and Coinbase expansion, with MiCA Framework, can potentially establish the EU as the global crypto hub.

» More Crypto News Daily!

→ Russian Politician Proposes Moscow Exchange (MOEX ) Crypto Arm

In a statement today, the well-known Russian Politician Anatoly Aksakov suggests MOEX develop a crypto arm. He adds it should only and directly operate under the Russian Central Bank.

Mr. Aksakov previously also supported the idea of making Crypto Mining legal in Russia— provided that the transactions don’t mix with the Russian economy.

  • Russian Politician Anatoly Aksakov is dubbed the Chief Architect of Russian Crypto Legalization.
  • In contrast, the Central Bank opposes Crypto adoption while favoring its complete ban.
  • The Russian Ministry of Finance considers legalizing crypto trading as long as Russian crypto operations are linked to domestic banking systems.
Crypto News Daily

→ KuCoin SemiAnnual 2022 Report: +$2 Trillion Volume & 10M Users!

The KuCoin Exchange now operates for over 18 million users, besides growing its team size by over 1000 recruits. The Crypto Exchange recorded 180% growth in Spot and Futures volume within H1 2022.

  • Peak KuCoin trading volumes for Spot ~ $11 billion, with the Futures surpassing $23 billion!
  • Major Trading Volume Regions – Europe, Latin America, Africa & the Middle East, with 152% and 381% trading volume growth.
  • KuCoin listed an additional 137 crypto assets, alongside increasing margin trading options for +200 tokens, with a total $20M investment in 19 crypto-native projects.

Crypto Sale Today – July 8th, 2022

On the global crypto market, the top cryptocurrencies prices or crypto today reflect the following figures:

  • (BTC) Bitcoin
    • Average Price: $21,493.81
    • 24h: – 0.58% ↓
  • (ETH) Ethereum
    • Average Price: $1,219.66
    • 24h: – 0.34% ↓
  • (BNB) Binance Coin
    • Average Price: $238.52
    • 24h: – 0.41% ↓
  • (XRP) Ripple
    • Average Price: $0.3398
    • 24h: – 0.28% ↓
  • (ADA) Cardano
    • Average Price: $0.4677
    • 24h: – 0.27% ↓
  • (SOL) Solana
    • Average Price: $37.01
    • 24h:  – 0.51% ↓

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