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SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...
Vanuatu expects to pass long-awaited crypto bill in September
27.6.2024
A Vanuatu policy consultant tells Cointelegraph the bill had been ready for a few years but had been delayed due to several cabinet changes
Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
27.6.2024
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits...
Crypto firm Hiddup rebrands amid $41M investigation and legal woes
25.6.2024
Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action
DFX Labs clears Hong Kong’s AML requirement for crypto license
25.6.2024
While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong
Nomura crypto arm Laser Digital bags Abu Dhabi license
19.6.2024
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations
North Dakota latest US state to revoke Binance.US license
19.6.2024
North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case
Kenyan Central Bank to Issue Licenses to Fintech Firms
14.6.2024
The Central Bank of Kenya is amending the country’s payment systems law, which will allow it to issue operating licenses to fintech startups. Governor Kamau Thugge said he expects the bank to complete the process of amending the law soon. Central Bank Aims to Support Fintech Startups The Central...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
Thai SEC revokes Zipmex’s licenses after failure to comply with orders
11.6.2024
Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February
Hong Kong crypto exchange license applications cost less than expected: Report
3.6.2024
All unlicensed crypto exchanges have been kicked out of Hong Kong
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License Warning
1.6.2024
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong...
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
30.5.2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance....
Hong Kong SFC to compliance check crypto firms offices after license deadline
29.5.2024
A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
25.5.2024
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain...
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
PlayFi announces plans to start a Polygon PoS network node license presale
24.5.2024
PlayFi has announced its plans to roll out a presale event for node license on Polygon. This officially marks the entry of the AI-powered data network. PlayFi has called this a pivotal moment, reflecting a blended vision of Blockchain and gaming. Notably, this is not the first time Blockchain...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews