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Hong Kong’s Crypto License Scheme Sees 24 Applicants, Far Fewer Than Singapore’s 70
1.3.2024
The number of applicants for Hong Kong's VATP license has reached 24, compared to 70 applicants seen in a similar scheme in Singapore.
The post Hong Kong’s Crypto License Scheme Sees 24 Applicants, Far Fewer Than Singapore’s 70 appeared first on Cryptonews
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...
Proactive Reforms: Lithuania Intends to Refine Crypto Landscape Ahead of MiCA Rollout
11.1.2024
In order to manage the emerging risks before the entry into application of the European Markets in Crypto Assets Regulation (MiCA), Lithuania intends to reinforce its national cryptocurrency regulation. We discussed the key points and consequences with legal experts from Gofaizen & Sherle...
Bitcoin Price Prediction: BTC Rises to $44,050, Coinbase Expands, and Musk’s 2024 Financial Plans
22.12.2023
Bitcoin, the pioneering cryptocurrency, has surged to $44,050, marking over 1.4% increase and signaling a buoyant phase for the crypto industry. This upswing coincides with Coinbase’s strategic expansion, as the company secures a crypto license in France, indicating a broader global outreach....
Binance US Guilty Plea May Raise Complications for Hong Kong Affiliate’s Crypto License Application- Here’s What You Need to Know
24.11.2023
Source: Pixabay According to several industry experts, Binance and its founder, Changpeng Zhao (CZ), pleading guilty to US anti-money laundering laws could pose challenges to the cryptocurrency exchange’s ambitions in Hong Kong. On November 21, Changpeng Zhao stepped down as CEO of Binance...
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
Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
13.11.2023
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13
Bitget drops plans to seek crypto license in Hong Kong
13.11.2023
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13
PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
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
Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
25.9.2023
Securities and Futures Commission says decision was made in light of public demand
Hong Kong to Reveal List of Crypto License Applicants in the Wake of JPEX Scandal
25.9.2023
Hong Kong’s financial watchdog confirmed Monday that it would publish the list of cryptocurrency trading firms that have applied for licenses to operate in the Chinese territory, in the wake of the JPEX scandal.
The Securities and Futures Commission (SFC) will reveal the list following public...
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong
31.8.2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step...
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
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
22.8.2023
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022
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
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say