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Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations


Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...

Seychelles Examines the Pros and Cons of Licensing Crypto Trading Platforms


Seychelles’ Financial Services Authority (FSA) together with the country’s finance ministry, is reportedly working on a policy to either prohibit or license crypto trading platforms as registered international businesses. Increase in International Investigations of Crypto Platforms...

BC.GAME Achieves Major Crypto Milestone! Converts License into NFT!


August 28th, 2021 – We have fantastic news to share with you today! BC.GAME just added another feather to their cap!  BC.GAME is now the proud owner of the much-awaited Curacao License! Curacao Interactive Licensing N.V.(CIL)  is one of the top four most popular globally acknowledged casino...

Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe


U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...

XTB Africa Granted License To Work In South Africa


On August 10th, 2021, XTB Africa Pty Ltd declared that they had been approved for a license from the FSCA, i.e., the Financial Sector Conduct Authority, to begin operations in South Africa. XTB executives claim that this license is part of their growth strategy of global expansion.  XTB is...

Singapore to License Digital Payment Providers, Approves Crypto Exchange


The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges


Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...

Coinbase Approved to Enter German Cryptocurrency Market


Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency...

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