Cryptocoins Exchanges / CEX.IO - 3 months ago
Who said nothing ever gets done in Washington? We’re thrilled to announce that CEX.IO has been approved for a Money Transmitter License in the U.S. District of Columbia. Looming large in the minds of Americans with flags, freedom, and full regalia,...
Bitcoin News / Bitcoin.com - 3 months ago
The head of enforcement at South Africa’s financial industry watchdog said on Jan. 24 that he expects the organization to decide the fate of 50 crypto firms’ license applicants in the coming weeks. The watchdog stated that from the more than 100 enti...
Cryptocoins News / Finance Magnates - 3 months ago
B2Prime
Group's, a liquidity provider, subsidiary B2B Prime Digital MENA has been
granted "Initial Approval" for licensing from the Dubai Virtual
Assets Regulatory Authority (VARA). The approval covers a spectrum of
activities, including Virtual Asse...
Bitcoin News / Bitcoinist - 3 months ago
The X (formerly Twitter) platform has made further headways in its plans to launch its payment services, as it recently got approval from another state, sparking speculations about Dogecoin payments. The crypto community has kept its eyes on this dev...
Cryptocoins News / CoinJournal - 3 months ago
The VASP license remains non-operational until OKX fulfills specific conditions.
However, once granted, it will allow OKX to offer virtual assets exchange services to institutional and qualified retail customers.
Crypto exchange OKX has announced t...
Cryptocoins News / Finance Magnates - 3 months ago
The Dubai-based subsidiary of crypto exchange OKX, named OKX Middle East Fintech FZE, announced today (Tuesday) that it has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), enabling t...
Bitcoin News / Bitcoinist - 3 months ago
A recent Fortune Magazine report revealed that the New York Department of Financial Services (DFS) is set to announce a settlement with Genesis Global, a subsidiary of the crypto conglomerate Digital Currency Group (DCG).
In a statement shared with...
Bitcoin News / Bitcoin.com - 3 months ago
According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne Ha...
Cryptocoins News / CoinJournal - 3 months ago
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense.
NYDFS said in a press release that investigations found the crypto platform had significant failings in its a...
Cryptocoins News / Blockchain - 3 months ago
BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to s...
Cryptocoins News / Blockchain - 3 months ago
Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability. (Read More)
Cryptocoins News / Finance Magnates - 3 months ago
The Monetary Authority of Singapore (MAS) has
officially granted Upbit Singapore a Major Payment Institution (MPI) license,
marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...
Cryptocoins News / Finance Magnates - 3 months ago
Coinbase is acquiring a Cyprus-based entity with a MiFID
license, paving the way for wider access to its derivatives products in Europe.This strategic move aligns with
Coinbase's "Go Broad, Go Deep" plan, aiming to establish clear
regulatory framewor...
Cryptocoins News / Blockchain - 3 months ago
Coinbase is set to expand in the EU derivatives market by acquiring a MiFID II licensed entity in Cyprus, targeting regulated derivatives offerings like futures and options in 2024. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
The authorities in Hong Kong are exploring regulating stablecoins, as the latest consultation paper proposed the regulation of fiat-referenced stablecoins (FRS). If the proposed rules are implemented, stablecoin issuers in Hong Kong must obtain a loc...
Bitcoin News / Bitcoinist - 4 months ago
Coinbase recently made a calculated strategic step to expand into European markets by acquiring a virtual asset service provider (VASP) license from the Financial Markets Authority (AMF) of France.
The acquisition of the VASP license from the French...
Cryptocoins News / CoinJournal - 4 months ago
Circle Secures French DASP License:
The licensing aligns Circle with MiCA regulation.
Director of European Operations and financial expert appointed to lead Circle’s compliance efforts.
In a strategic move towards strengthening its foothold i...
Bitcoin News / Bitcoin.com - 4 months ago
Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and...
Cryptocoins News / Finance Magnates - 4 months ago
CoinMENA
FZE, a subsidiary of CoinMENA B.S.C. (c), has obtained a Virtual Asset Service
Provider (VASP) license for VA Broker-Dealer services from Dubai’s Virtual
Assets Regulatory Authority (VARA). This license allows the company to operate
and offe...
Bitcoin News / Bitcoin.com - 4 months ago
The Nigerian fintech unicorn revealed on Dec.7 that it has obtained money transfer licenses in 13 U.S. states. Flutterwave’s partnership with a licensed financial institution also means that it can now serve customers in 29 states in the U.S. Flutter...
Bitcoin News / Bitcoin.com - 4 months ago
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to...
Cryptocoins News / The Cointelegraph - 4 months ago
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering....
Bitcoin News / Bitcoin.com - 4 months ago
Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its...
Cryptocoins News / Finance Magnates - 5 months ago
Obtaining a banking license in the UK offers a world
of opportunities and advantages, but securing one is no mean feat. The process
involves rigorous scrutiny by the Prudential Regulation Authority (PRA) and the
Financial Conduct Authority (FCA), an...