Aave’s UK subsidiaries Push Labs Limited and Push Virtual Assets Limited secured FCA crypto registration. The approval creates a dual regulatory structure combining crypto exchange and EMI authorization in the UK. Push will launch zero-fee pound-to-stablecoin on-ramps and off-ramps for UK users. Aave Labs has won two licenses in the UK, a significant milestone for […]
The post Aave Labs Secures Dual UK Licenses for Crypto Payments Push appeared first on Live Bitcoin News.
The post Aave Labs’ Push Gains UK FCA Crypto Registration appeared on BitcoinEthereumNews.com.
Aave Labs’ UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., known together as Push, received Financial Conduct Authority (FCA) cryptoasset registration as cryptoasset exchange providers under the UK’s current Anti-Money Laundering regime. The registration was obtained for “certain cryptoasset activities” and supports the decentralized finance (DeFi) company’s plans to build regulated stablecoin on- and off-ramping infrastructure in the country, Aave said Thursday. Aave Labs’ Push describes itself as a “simple way to move between Euros and stablecoins,” according to its homepage. The FCA’s online registry shows that the London-headquartered firm has been registered with the regulator since May 12. The regulatory greenlight allows the subsidiary of the largest decentralized lending protocol to develop its on- and off-ramping stablecoin infrastructure under regulatory permission in
The post BREAKING: Michael Saylor’s Strategy Moves Bitcoin to Coinbase Crypto Exchange appeared on BitcoinEthereumNews.com.
Michael Saylor’s Strategy (formerly MicroStrategy) has deposited Bitcoin to Coinbase crypto exchange, according to on-chain data. Michael Saylor earlier announced the company may sell some of its Bitcoin holdings to fund dividends. This comes as Bitcoin fell below $73K and MSTR stock crashed more than 22% in two weeks. Michael Saylor’s Strategy Transfers Over 411 Bitcoin to Coinbase Strategy deposited 411.48 Bitcoin worth $30.3 million into Coinbase Prime, Lookonchain reported on May 29. This appears to be MicroStrategy’s first direct token transfer to an exchange in nearly two years. Arkham data showed on-chain transfers of 205.3 BTC and 206.2 BTC. The company also did a transaction of 0.0241 BTC worth $1.77K before sending the coins to Coinbase crypto exchange address. Strategy Deposits Bitcoin into Coinbase Prime. Source: Arkham In the Q1 earnings call earlier
Aave Labs wants stricter, clearer rules for crypto asset listings. Here’s what the new technical framework means for DeFi governance. Aave Labs has put forward a new proposal aimed at standardizing how crypto assets get listed on its protocol. The proposal, submitted as an ARFC, targets Aave V3, V4, and Aave Horizon. It lays out […]
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The post UK Targets Justin Sun-Controlled HTX Entity Over Russian Crypto appeared on BitcoinEthereumNews.com.
The UK government has added Huobi Global SA, a Panama-based entity linked to the HTX crypto exchange, to its sanctions list over alleged involvement in Russian crypto transactions. According to the British Foreign Office, the company provided financial services to two entities already under UK sanctions: A7 Limited Liability Company, the issuer of the ruble-backed stablecoin A7A5, and Garantex Europe OU, the operator behind the crypto exchange later rebranded as Grinex. The ruble-backed stablecoin crosses $100B in transactions in 2026. Source: Elliptic. British authorities claim transactions worth more than $1.5 billion were processed through HTX infrastructure for individuals connected to those entities. Although Justin Sun was not personally sanctioned, the move places fresh scrutiny on his broader crypto network and HTX’s operations in Western markets. How Justin Sun Is Conn
The post Samsung Securities Acquires 2% Stake in Upbit Parent Dunamu appeared on BitcoinEthereumNews.com.
Key Highlights Samsung Securities will invest nearly $204 million to acquire a 2% stake in Upbit parent company Dunamu. Upbit currently controls over 80% of South Korea’s crypto exchange market and reportedly serves more than 10 million users. The deal comes as South Korea expands crypto regulation and opens the door for greater institutional participation in digital assets. Upbit:- In a major crypto acquisition update, Samsung Securities has announced plans to acquire a 2% stake in Dunamu. Dunamu is the parent company of South Korea’s largest cryptocurrency exchange Upbit. According to local reports and company disclosures, Samsung Securities approved the investment through a board resolution. It will invest approximately 306.3 billion won (around $204 million) to purchase nearly 697,000 shares in Dunamu. The transaction values Dunamu at approximately 15.3 trillion won, or roughly
The post UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping Crackdown appeared on BitcoinEthereumNews.com.
Key Takeaways Britain sanctioned crypto exchanges, payment providers, and individuals linked to Russia-focused financial networks. Officials connected the A7 network to military procurement, oil proceeds, and cross-border settlement channels. Stablecoin infrastructure and exchange screening now face heightened scrutiny across U.K. crypto compliance operations. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26 a sanctions package aimed at crypto routes used to move funds into Russia. The measures focus on exchanges, payment providers, stablecoin infrastructure, banks, and individuals tied to sanctions-evasion networks. The U.K. government said the package targets cryptocurrency channels and the A7 network, with the measures taking effect immediately. Crypto-related entities named in the package include EXMO Exchange Limited, Arvix Limited Liabili
