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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached


One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...

Lendingblock receives License as DLT Provider from GFSC Supported by ISOLAS


Lendingblock, the open trade for institutional lending and borrowing of digital assets has obtained a License as a DLT (Distributed Ledger Technology) provider from the GFSC (Gibraltar Financial Services Commission) upheld by the blockchain law office, ISOLAS. This License is a significant...

Carey Olsen and JTC Help Criptyque To Secure Jersey Crypto Exchange License


Legal financial advising firm Carey Olsen and wealth services provider JTC have reportedly helped Criptyque in acquiring a Jersey crypto exchange license. This will help the secure mobile communication service provider to operate its soon-to-be-launched crypto exchange PryvateX. PryvateX will...

XBTO International Acquires License in Bermuda


XBTO International, more commonly referred to as XBTOI, has now successfully received legal status in Bermuda. The global cryptocurrency finance company, XBTOI, has been granted a license by the BMA (Bermuda Monetary Authority) under the 2018 Digital Asset Business Act of the island, as per...

Aegis Custody Gets Trust Company License in Hong Kong


Aegis Custody Company Limited, widely referred to as Aegis Custody, has received a coveted license as the Trust Company for their business of digital asset custody. The license has been permitted by the Hong Kong Companies Registry of Trust and Company Services Providers. The company made...

Gemini To Send Application For Broker-Dealer License For Virtual Securities


The cryptocurrency exchange of Winklevoss brothers, Gemini has decided to put an application for a Broker-dealer license. The platform has applied for the same with the FINRA. Their objective is to work as an alternate trade service and let the user use the platform legally for the swap of digital...

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