Search
Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia
28.3.2024
Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox to pass licensing.
The post Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia appeared first on Cryptonews
Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31
29.2.2024
The Hong Kong Securities and Futures Commission closed its crypto exchange licensing portal on February 29th, setting a May 31st closure deadline for exchanges that haven't completed the process.
The post Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May...
Solana Gaming Project MixMob Bags Stormtrooper NFT Licensing Rights
29.2.2024
MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players
Hong Kong Government Pushes for Licensing Bills on Stablecoin and OTC Crypto Trading
21.2.2024
The Hong Kong government aims to submit licensing bills for stablecoin and over-the-counter (OTC) crypto trading frameworks in order to regulate the crypto industry and enhance investor protection.
The post Hong Kong Government Pushes for Licensing Bills on Stablecoin and OTC Crypto Trading...
Hong Kong Seeks Input on OTC Crypto Trading Rules
8.2.2024
Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain...
SEC to Withdraw Case Against Crypto Startup DEBT Box Following Admission of Inaccuracy
31.1.2024
The Securities and Exchange Commission (SEC) has moved to withdraw its lawsuit against crypto startup DEBT Box after admitting to making inaccurate statements in court. The agency filed a lawsuit against Digital Licensing Inc., operating as DEBT Box, in July last year. However, it has now informed...
Crypto Exchange Upbit Gets Full Licensing in Singapore
8.1.2024
Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license
Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs
8.1.2024
Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023
HashKey Capital Singapore Secures Capital Markets Services License From MAS
19.12.2023
The firm follows crypto exchange DigiFT, which received a CMS license last month
Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift
9.12.2023
Crypto exchange Binance has withdrawn its application for a license in Abu Dhabi. “When assessing our global licensing needs, we decided this application was not necessary,” a Binance spokesperson stated, adding that the company plans to continue to work with regulators “to...
Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs
8.12.2023
Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters. This move is indicative of the exchange’s ongoing reassessment of its global operations and licensing requirements. The application, submitted by...
Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License
27.11.2023
Alchemy Pay Announces U.S. Expansion, Iowa Licensing
23.11.2023
Singapore-based Crypto-fiat payment solution, Alchemy Pay, announced further expansion into the U.S. market through their acquisition of a Money Services License in Iowa on Thursday morning. Dedication to compliance “We are thrilled to announce that we have obtained a Money Services License...
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...
Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing
16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...
Turkey mulls addressing licensing and taxation in new crypto rule
16.11.2023
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse
Lessons from New York for California’s New Crypto Licensing Regime
14.11.2023
Linda Lacewell, who helped modernize New York’s regime for crypto startups, offers advice to California regulators about setting up a similar scheme there
Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA
7.11.2023
Source: Pixabay Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. VARA, the license issuing authority for crypto firms, wants all digital asset service providers to get licenses by November 17. According...
MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge
2.11.2023
Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter
California Enacts Digital Financial Assets Law
26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...