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South African Regulator Expects to Determine Fate of 50 Crypto License Applications in ‘Coming Weeks’
26.1.2024
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 entities that applied for a license, 20 have since...
Crypto.com granted Dubai crypto license
14.11.2023
The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services
South Korean exchange Upbit gets initial license nod from Singapore
16.10.2023
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license
Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report
10.10.2023
Cyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC)....
Read More: Cyprus to Impose Strict Penalties on Unlicensed...
Ripple gets formal approval for Singapore payments license
4.10.2023
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore
SEBA Bank secures in-principle nod for crypto services in Hong Kong
30.8.2023
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month
Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA
15.8.2023
Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).
Dubbed the Dubai AI and Web3 Campus, the city rolled out...
Blockchain.com scores payment license from Singapore central bank
8.8.2023
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions
Binance Withdraws Its Crypto License Application in Germany
28.7.2023
The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
French lawmakers agree to loosen rules in proposed crypto influencer bill
26.5.2023
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France
Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3
23.2.2023
Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3
French central bank governor pushes for crypto licensing ahead of EU laws
6.1.2023
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."
Estonia Issues First License to Crypto Service Provider Under New Regulation
25.9.2022
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide...
German banking giant Commerzbank applies for crypto license
21.4.2022
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
19.4.2022
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry
FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far
31.3.2022
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regulator has registered 33 crypto firms so far and 12 firms are holding temporary registration....
Two thirds of Estonian crypto businesses lose their licenses
17.12.2020
Estonia has withdrawn permits from one thousand crypto companies this year
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...