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Crypto Exchange Upbit Gets Full Licensing in Singapore
8.1.2024
Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license
Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs
8.1.2024
Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023
HashKey Capital Singapore Secures Capital Markets Services License From MAS
19.12.2023
The firm follows crypto exchange DigiFT, which received a CMS license last month
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi.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 continue to work with regulators “to...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License
27.11.2023
Alchemy Pay Announces U.S. Expansion, Iowa Licensing
23.11.2023
Singapore-based Crypto-fiat payment solution, Alchemy Pay, announced further expansion into the U.S. market through their acquisition of a Money Services License in Iowa on Thursday morning. Dedication to compliance “We are thrilled to announce that we have obtained a Money Services License...
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...
Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing
16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...
Turkey mulls addressing licensing and taxation in new crypto rule
16.11.2023
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse
Lessons from New York for California’s New Crypto Licensing Regime
14.11.2023
Linda Lacewell, who helped modernize New York’s regime for crypto startups, offers advice to California regulators about setting up a similar scheme there
Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA
7.11.2023
Source: Pixabay Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. VARA, the license issuing authority for crypto firms, wants all digital asset service providers to get licenses by November 17. According...
MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge
2.11.2023
Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...
California Governor Signs "BitLicense" Crypto Licensing Bill Into Law, Effective July 2025
16.10.2023
California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025.
On Friday, October 14, Newsom declared that the bill, titled the Digital Financial...
Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024
16.10.2023
Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024
Aussie crypto exchanges look to new licensing regime with cautious optimism
16.10.2023
Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could box the crypto industry into a TradFi-shaped box
Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal
16.10.2023
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Ripple Says Singapore License Formally Approved
4.10.2023
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region