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Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore


Source: Circle Internet The issuer of the USDC stablecoin, Circle, has announced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore. This strategic initiative comes on the heels of Circle securing the Major Payments Institution (MPI) license from the Monetary...

Crypto.com’s Dubai’s Subsidiary Secures License from VARA


Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory...

Crypto.com granted Dubai crypto license


The license is pending operational approval and allows Crypto.com’s Dubai entity to offer exchange, broker-dealer, and lending and borrowing services

Swiss crypto bank SEBA gets Hong Kong SFC license


SEBA began its quest for Hong Kong expansion late last year, setting up an office in November 2022 and by August 2023, the firm obtained an in-principle approval to offer virtual asset trading services

PayPal Receives UK’s FCA Approval to Offer Crypto Services to UK Nationals


Payments giant PayPal has become the latest to secure a cryptoasset registration from the UK’s Financial Conduct Authority (FCA). According to the update on the FCA’s crypto register, the regulator issued registration to PayPal UK Limited on 31 October. The registration would allow...

BitGo Secures Digital Asset Custody License in Germany


Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...

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