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Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...
Dubai-based licensing company adopts cryptocurrency payments
16.2.2021
KIKLABB has become the first state-owned entity in the United Arab Emirates to accept cryptocurrency payments
Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms
9.2.2021
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia...
A storm is brewing between state regulators and the OCC over fintech licensing
23.12.2020
A major network of state banking regulators is renewing its attack on the OCC's moves to register non-depository institutions
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
State-by-state licensing for crypto and payments firms in the US just got much easier
15.9.2020
New money transmitter licensing promises to roll 40 states into a single exam and license
US State Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing
15.9.2020
Agencies from 48 states are expected to unveil a new framework today that will simplify and consolidate regulation for crypto companies
Federal payments licensing push could boost crypto adoption
11.9.2020
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators
How the Licensing of Bitcoin Casino Happens
16.7.2020
Compared to the long-lasting history of the gambling industry, Bitcoin Casinos are a relatively young, yet extremely revolutionary entry. Bitcoin casino websites started to emerge in the first half of the last decade and brought upon the amazing advantages compared to the competition. Although,...
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
12.7.2020
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy
Louisiana State Senate to Consider Crypto Business Licensing Bill
22.5.2020
The Louisiana State House of Representatives passed a bill on Wednesday to regulate and license virtual currency businesses. A Senate committee will now evaluate the proposal
US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms
11.5.2020
Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals
Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan
1.5.2020
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors
Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
25.4.2020
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation...
Blockchain Fantasy Soccer Game Sorare Signs Licensing Deal With Real Betis
23.4.2020
Players of blockchain-based fantasy soccer game Sorare can now buy digital collectible player cards for star Real Betis player Nabil Fekir and others
Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise
20.4.2020
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime
27.3.2020
Cryptocurrency firms can continue operating but must apply for a license by summer under new rules