ASIC grants crypto firms unexpected three-month licensing reprieve

Spain’s CNMV says no extensions to the MiCA deadline. Unlicensed crypto firms, including Binance, must exit the EU by end of June. Spain’s financial markets regulator has drawn a firm line on MiCA compliance.  The Comisión Nacional del Mercado de Valores (CNMV) will grant no deadline extensions to crypto firms that have not secured licenses […] The post Spain Draws a Hard Line: Unlicensed Crypto Firms Must Exit the EU appeared first on Live Bitcoin News.

The integration of crypto in global events like the World Cup highlights its growing role in humanitarian aid and financial systems. The post FIFA holds minute of silence at World Cup 2026 for earthquake victims as crypto firms mobilize relief appeared first on Crypto Briefing.

Crypto firms operating in the European Union will be forced to cease operations if they do not obtain a MiCA license by July 1.

Spain's firm stance on MiCA compliance may drive unlicensed crypto firms to exit or adapt, impacting market dynamics and investor security. The post Spain rejects MiCA deadline extensions for unlicensed crypto firms appeared first on Crypto Briefing.

The extension provides temporary relief for crypto firms, but the looming regulatory changes could reshape Australia's digital asset landscape. The post Australian financial regulator extends no-action period for crypto licensing until September 30 appeared first on Crypto Briefing.

South Korea fined Bithumb $136,000 for unauthorized overseas user data transfers. Regulators found user information was shared abroad without proper consent procedures. New blockchain privacy guidelines increase compliance obligations for crypto firms. South Korean regulators have fined cryptocurrency exchange Bithumb for transferring user information overseas without obtaining proper consent. The penalty reflects growing regulatory scrutiny […] The post South Korea Fines Bithumb for Sharing User Data Without Consent appeared first on Live Bitcoin News.

Galaxy Digital’s stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure.

OpenAI’s financial trajectory hinges heavily on infrastructure costs, a reality that drove the development of the new custom OpenAI Jalapeño chip. Developed in collaboration with Broadcom, the application-specific integrated circuit (ASIC) represents a direct attempt to mitigate the heavy capital expenditure associated with third-party hardware.  While Nvidia currently commands an estimated 75% profit margin on […] The post The math behind the OpenAI Jalapeño chip appeared first on AI News.