Musk says lithium refining a ‘license to print money,’ stock investors jump in

Dimitrios Kambouris Lithium miners (NYSEARCA:LIT) rallied in Thursday’s trading, as stock investors apparently took to heart Elon Musk’s exhortation for entrepreneurs to enter the lithium refining business, calling it “a license to print money.” Musk told Tesla’s Q2 earnings conference call that constraints on availability of lithium that have pushed prices higher are not the … Read more

Gemini receives virtual asset service provider license in Ireland

New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier, in February 2022, a company received an Electronic Money Institution (EMI) authorization from the CBI.  The news was reported on Gemini’s official blog on Tuesday. As … Read more

Crypto.com secures regulatory license in Italy

Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.” On Tuesday, Crypto.com announced that it had officially received registration and regulatory approval from Organismo Agenti e Mediatori, also known … Read more