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Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
16.8.2023
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law
13.8.2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...
Blockchain․com Obtains Payment License in Singapore
9.8.2023
Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...
Binance receives licenses to offer crypto services in El Salvador
8.8.2023
The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021
Digital Bank Revolut to Suspend Crypto Services For US Customers Citing Regulatory Uncertainty
4.8.2023
Crypto-friendly British neobank Revolut has announced plans to halt its crypto services for US customers.
The digital bank cited the market uncertainty and changes to the local regulatory landscape in the country for suspending crypto services.
The England-based fintech firm will suspend...
Tel Aviv Stock Exchange to offer crypto services via Fireblocks pact
3.8.2023
Israel’s only public stock exchange is preparing to offer new regulated cryptocurrency services through another partnership with Fireblocks
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
28.7.2023
Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
25.7.2023
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022
Societe Generale Division Forge Receives Crypto Services License From AMF
20.7.2023
French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...
Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator
6.7.2023
According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside...
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
29.6.2023
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020
Binance Forced to Stop Providing Crypto Services in Belgium by Financial Regulator
25.6.2023
Source: AdobeStock / prima91
The financial regulator in Belgium, the Financial Services and Markets Authority (FSMA) had forced the cryptocurrency exchange Binance to halt its services in the country alleging that the exchange has violated the law by serving Belgian customers from countries...
Binance Ordered to Cease All Crypto Services in Belgium
24.6.2023
Crypto exchange Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease providing any crypto exchange and custody wallet services in the country. The Belgian financial regulator stressed that it “takes the view that by offering such services...
Binance Ordered to Halt Offering Crypto Services in Belgium by Markets Regulator
23.6.2023
The crypto exchange is accused of serving Belgian customers from countries outside the European Economic Area in violation of the law, the FSMA has said
Crypto.com receives regulatory approval to offer crypto services in Spain
23.6.2023
The latest regulatory approval for the crypto exchange comes within weeks of getting a MPI license from regulators in Singapore
Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says
15.6.2023
A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...
Pakistan to Ban Online Services Related to Cryptocurrencies
18.5.2023
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of cryptocurrencies like bitcoin. Crypto ‘Will Never...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
11.5.2023
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...