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US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
28.9.2024
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing...
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
24.9.2024
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia...
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
23.9.2024
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area
Australia to require crypto firms to hold financial services licenses
23.9.2024
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges
Australia to require crypto firms to hold financial services licenses
23.9.2024
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges
Crypto.com gains payment service license from Bahrain central bank
20.9.2024
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai
Crypto.com gains payment service license from Bahrain central bank
20.9.2024
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following its approval in Dubai
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
20.9.2024
Crypto.com has secured a payment service provider (PSP) license from the Central Bank of Bahrain (CBB). This license allows the crypto exchange to offer e-money and fiat-based payment services, including its prepaid cards, in the region. The approval adds to Crypto.com’s growing list...
Crypto.com bags a Payment Service Provider Licence in Bahrain
19.9.2024
Crypto.com has received full approval from the Central Bank of Bahrain to provide payment service provider (PSP) services.…
OKX Singapore's New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
19.9.2024
Crypto custodianship has been in the spotlight since the collapse of FTX
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
19.9.2024
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance...
SC Ventures invests in One Trading for EU crypto perpetual futures
17.9.2024
Standard Chartered's venture capital arm gets a toehold in Europe with its investment in the EU's only MiFID II-compliant crypto platform.
Bybit bags provisional crypto license from Dubai regulator
16.9.2024
The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai
Bybit Secures Provisional (Non-Operational) Approval from VARA, Marking a Key Milestone Toward Full Operational Approval in Dubai
16.9.2024
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Provisional (Non-Operational) approval for a…
Bit2me Secures Virtual Asset Service Provider License in Argentina
15.9.2024
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors...
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
13.9.2024
The registry, launched in March by Argentina's National Securities Commission, already has 79 approvals
Regulators Partner to Bolster UAE’s Crypto Hub Status
11.9.2024
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...
Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
10.9.2024
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia's crypto ecosystem.
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
10.9.2024
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights...