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FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far
31.3.2022
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regulator has registered 33 crypto firms so far and 12 firms are holding temporary registration....
FTX Europe Becomes First Exchange to Receive Crypto License in Dubai
15.3.2022
The exchange will also set up a regional headquarter in Dubai
UAE reportedly plans to issue federal crypto license for VASPs
17.2.2022
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
22.12.2021
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border...
Binance Singapore Drops Crypto License Plans in City-State
13.12.2021
According to the official announcement by the exchange, Binance’s Singapore unit has planned to retract its crypto license application in the city-state and is most likely to expel its Singaporean clients by Feb 13th, 2022. Binance, like other trading platforms, operates as a cryptocurrency...
Binance Singapore withdraws crypto license application
13.12.2021
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform
ZelaaPayAE: UAE Will Now Have a Crypto Debit Card
25.1.2021
PRESS RELEASE. ZelaaPayAE, with a vision to build and improve the financial structure, introduces a Crypto Debit Card with the ability to be swiped not just in UAE but also globally. Partnering with Baanx, ZelaaPayAE is providing Mastercard enabled Debit Card featuring personalized cards with a...
Hong Kong Grants First License to Cryptocurrency Trading Platform
18.12.2020
Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto...
Two thirds of Estonian crypto businesses lose their licenses
17.12.2020
Estonia has withdrawn permits from one thousand crypto companies this year
New Jersey follows in its neighbor state's footsteps with crypto license bill
9.11.2020
With a new Senate bill on the table, New Jersey is getting closer to introducing a state-level licensing framework for crypto firms
New Jersey Moves Closer to Crypto License With Introduction of Senate Bill
9.11.2020
New Jersey has inched closer to implementing its own "BitLicense."
Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
20.8.2020
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
Coinhouse Wins First Crypto License From French Regulator
6.4.2020
Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance
27.3.2020
The Monetary Authority of Singapore exempted a number of crypto firms like Ripple, Coinbase and Binance from holding a license under the Payment Services Act
New Jersey Lawmaker Wants to Create a Crypto License
24.2.2020
New Jersey Assemblywoman Yvonne Lopez has introduced a licensing regime for crypto businesses, authorizing the state banking regulator to oversee the space
Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm
31.1.2020
Luxembourg financial watchdog CSSF warns against a crypto firm claiming to be headquartered in the country
Estonian Consulting Firm Claims It’s Harder to Get a Crypto License Following Regulation
16.5.2019
It will be harder to get a cryptocurrency license in Estonia after this month’s new regulatory changes, according to Estonian consulting firm Eesti