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Federal payments licensing push could boost crypto adoption
11.9.2020
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators
How the Licensing of Bitcoin Casino Happens
16.7.2020
Compared to the long-lasting history of the gambling industry, Bitcoin Casinos are a relatively young, yet extremely revolutionary entry. Bitcoin casino websites started to emerge in the first half of the last decade and brought upon the amazing advantages compared to the competition. Although,...
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
12.7.2020
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy
Louisiana State Senate to Consider Crypto Business Licensing Bill
22.5.2020
The Louisiana State House of Representatives passed a bill on Wednesday to regulate and license virtual currency businesses. A Senate committee will now evaluate the proposal
US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms
11.5.2020
Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals
Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan
1.5.2020
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors
Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
25.4.2020
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation...
Blockchain Fantasy Soccer Game Sorare Signs Licensing Deal With Real Betis
23.4.2020
Players of blockchain-based fantasy soccer game Sorare can now buy digital collectible player cards for star Real Betis player Nabil Fekir and others
Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise
20.4.2020
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors
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 Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime
27.3.2020
Cryptocurrency firms can continue operating but must apply for a license by summer under new rules
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
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
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
20.2.2020
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator...
Binance CEO Says Crypto Exchange Has Applied for a Singapore License
17.2.2020
The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore
Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
6.2.2020
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law
UK Crypto Startups to Pay Discounted £2,000 Fee for Registration, FCA Revises Application Charges
5.2.2020
Young and small cryptocurrency businesses will pay lower registration fees than big companies, the United Kingdom’s financial watchdog has decided after consultations with members of the industry. The revised fee scheme takes into account the firms’ income to determine the amount...
UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License
29.1.2020
A company that provides payment services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a license by the U.K.'s Financial Conduct Authority (FCA)
Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force
29.1.2020
The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. Their operators...