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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A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline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OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.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 It has also withdrawn its application for a crypto trading platform license in the region.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
Binance.US wins appeal to reinstate Florida money services license
22.5.2024
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation
Crypto exchanges exit Hong Kong license race ahead of May deadline
21.5.2024
The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline
Nigeria’s SEC-Crypto License
21.5.2024
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...
Aussie admits to promoting BitConnect crypto services without a license
18.5.2024
The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts
French Regulator Warns Investors For Using ByBit Despite Ban
17.5.2024
ByBit has been under scrutiny in France for its lack of non-compliance with current regulations and was blacklisted in 20 May 2022.
The post French Regulator Warns Investors For Using ByBit Despite Ban appeared first on Cryptonews
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Huobi Hong Kong Withdraws License Application for the Second Time
15.5.2024
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
States’ backlash against Binance.US continues with 6th license pulled
1.5.2024
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges
OpenAI announces new publishing deal as race to license content hots up
29.4.2024
A new strategic partnership between OpenAI and Financial Times aims to integrate FT journalism into its AI models for more accurate and reliable information and sources
Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France
29.4.2024
South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers
23.4.2024
South African regulator - Financial Sector Conduct Authority (FSCA) - has granted crypto license to 75 institutions including global crypto exchanges Luno and VALR.
The post South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers appeared first on Cryptonews