Crypto On LYO: The Blend — LYOTRADE Expands Multilingual Support, EU Member States Approve Ground-breaking Crypto Rules, Stepn’s In-App Digital Asset Trading Prompts Apple to Soften Its Crypto Policy

LYOPAY Official
3 min readMay 26, 2023

What happened in the crypto world in the last week? Let’s see some interesting news together!

LYOTRADE Expands Multilingual Support for Effortless Cryptocurrency Trading Experience

LYOTRADE, the centralized cryptocurrency exchange renowned for its extensive features and low fees, has taken a significant stride towards enhancing user convenience. The platform now offers support in multiple languages, including Spanish, Japanese, Greek, French, Croatian, and Korean.

With its diverse language options, LYOTRADE aims to cater to a broader global user base, ensuring that individuals can access and utilize the platform’s services in their preferred language. This initiative aligns with LYOTRADE’s commitment to providing an inclusive and user-friendly trading experience.

To further assist users in navigating the platform, LYOTRADE has introduced its official documentation and guides in these multiple languages as well.

Visit https://docs.lyotrade.com/ in your preferred language and explore the world of crypto trading with LYOTRADE!

EU Member States Approve Ground-breaking Cryptocurrency Rules

In a landmark decision, the European Union member states have unanimously approved the world’s first comprehensive set of rules to regulate digital assets. This significant development puts the EU at the forefront of digital asset regulation and places pressure on other countries, including Britain and the United States, to catch up.

The rules, which were finalized through collaboration with the European Parliament, require firms operating within the EU to obtain a license if they wish to issue, trade, or safeguard crypto assets, tokenized assets, and stablecoins.

The crypto industry has been advocating for clear and consistent regulation, and the EU’s approval of these comprehensive rules sends a strong signal to other nations to follow suit. The hope is that this will drive the establishment of global norms for cross-border crypto activities.

With the EU’s ground-breaking approval of comprehensive crypto asset rules, the path is paved for a more regulated and secure crypto ecosystem within the bloc. This decision sets a precedent for other jurisdictions to develop their own regulatory frameworks, ultimately fostering innovation and investor protection in the rapidly evolving world of digital assets.

Stepn’s In-App Digital Asset Trading Prompts Apple to Soften Its Crypto Policy

Last week, the once-wildly popular web3 game Axie Infinity announced it will be available for download on Apple’s App Store, signaling that perhaps the powerful tech giant is warming to the idea of allowing blockchain-based mobile games to operate on its iPhone.

Now Stepn, a blockchain-powered fitness app that incentivizes users with crypto rewards, has announced arguably even bigger news. The Australia-based company said that its users will now be able to buy and sell digital assets on Stepan without being forced to exit the app and use an external market.

“This is a very, very big step,” said Shiti Manghani, chief operating officer of Stephens, during an interview with The Block. “Nothing like this has been done before. Internally we are saying this is the biggest thing in crypto and not many people know about it.

Stepn also announced a new integration that will allow users to purchase digital assets using traditional debit and credit cards linked to Apple Pay.

Stay tuned for next week’s crypto news! Follow LYOPAY social media pages:

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LYOPAY Official

LYOPAY integrates many day-to-day crypto-services, such as payments, e-commerce, travel booking, and many more.