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Ripple Requests Crypto License in UK After SEC Partial Win


Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission. Sendi Young, Ripple's managing director for the UK & Europe, has revealed that the company “very recently” applied...

Securities Commission Cancels FTX Australia’s License


Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail customers. ASIC Revokes Financial Services License...

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban


In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...

Société Générale leads the crypto license race


Société Générale, which is one of the most respected commercial banks in France, has earned the distinction of being the first organization in the country to obtain a crypto license. This is with regards to its crypto division, FORGE, and the license is in the form of an AMF authorization.  This...

Societe Generale Division Forge Receives Crypto Services License From AMF


French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...

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