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James Bond

@jamesbond

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Vanuatu expects to pass long-awaited crypto bill in September A Vanuatu policy consultant tells Cointelegraph the bill had been ready for a few years but had been delayed due to several cabinet changes The Pacific Island nation of Vanuatu expects to enact a long-awaited digital asset and service provider bill as early as September. Vanuatu Financial Services Commission (VFSC) Commissioner Branan Karae mentioned in his opening remarks at a digital assets symposium, organized by the country's financial regulator on June 27, that the bill is expected to be enacted during the first week of Parliament. VFSC policy consultant Loretta Joseph, who was a speaker at the conference, told Cointelegraph that the bill had been ready for a few years but had been consistently delayed due to several cabinet changes.
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Binance's Local Exchange Receives Dubai License, Initiates UAE User Migration Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits and withdrawals. Binance’s Local Exchange in UAE Now Licensed Crypto exchange Binance announced on Wednesday that United Arab Emirates (UAE) resident accounts will be transitioned to Binance FZE, its regulated local entity in Dubai, following the receipt of a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority. This move establishes Binance FZE as a regulated local entity in Dubai, distinct from the Binance Global Exchange.
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