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South Africa Approves 63 Crypto Asset Service Provider License Applications


South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...

Kenyan Central Bank to Issue Licenses to Fintech Firms


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...

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints


New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday

OKX Withdraws VASP License Application in Hong Kong


OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.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

Deutsche Bank Infra Provider Taurus Expands to North America


Crypto technology provider Taurus opens its first North American office in Vancouver to meet increasing demand for digital asset services after expansion in London, Paris, Frankfurt, and Dubai. The post Deutsche Bank Infra Provider Taurus Expands to North America appeared first on Cryptonews

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