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Paxos acquires Membrane Finance for EU stablecoin expansion
19.11.2024
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license
Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
1.7.2024
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA
Crypto.com Gains Key UK Regulatory Approval as Electronic Money Institution
4.12.2023
Cypto.com regulatory approval in the UK sets the stage for the company to offer additional financial services. Image by Timon, Adobe Stock. Today, cryptocurrency platform Crypto.com gained key regulatory approval in the United Kingdom. The company announced in a press release that it has been...
Cryptopay EU card provider loses license, company says card funds are safe
22.6.2023
The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet
Crypto.com continues its worldwide registration push with Brazilian EMI license
15.12.2022
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets
Crypto.com Becomes Malta’s First Licensed Digital Currency Exchange to Offer Bank Transfers
11.7.2021
The digital asset trading platform Crypto.com has announced the firm has become the first global cryptocurrency exchange to obtain an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). According to the announcement, Crypto.com’s EMI license will...
SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
18.12.2020
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital...
UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
7.9.2020
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies....
Starling Bank Co-Founder’s New UK-Licensed App Adds P2P Crypto Payments
7.9.2020
Peer-to-peer cryptocurrency payments are now live on Ziglu, a week after the app-based platform got its EMI license from a U.K. watchdog
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...