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Crypto Exchange Upbit Receives In-Principle License Approval from Singapore
16.10.2023
South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
The initial approval will enable Upbit Singapore to continue to provide digital payment token services...
South Korean exchange Upbit gets initial license nod from Singapore
16.10.2023
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license
Crypto exchanges to fall under TradFi licensing — Australian Treasury proposal
16.10.2023
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator
Malaysian Crypto Firm Hata Receives Green Light From Malaysian Regulators to Run 'Digital Asset Exchange' – Adoption on the Rise?
11.10.2023
The Malaysian financial regulator – Securities Commission Malaysia (SC) – has granted in-principal approval to cryptocurrency exchange and digital broker Hata.
The approval marks Hata as a Recognized Market Operator (RMO) and the 5th regulated digital asset exchange (DAX) in the country, operating...
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
11.10.2023
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH
Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report
10.10.2023
Cyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC)....
Read More: Cyprus to Impose Strict Penalties on Unlicensed...
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Deribit to List XRP, SOL, MATIC Options; Seeks License in EU
9.10.2023
Deribit controls over 85% of the global crypto options market
Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More — Week in Review
8.10.2023
Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Satoshi” handled has stirred up controversy and debate on social media...
Singapore Grants Ripple Full License to Provide Crypto Services
6.10.2023
The Monetary Authority of Singapore (MAS) has granted Ripple a full license to provide crypto services. “This license underscores the real-world utility of crypto solutions for businesses and financial institutions alike, marking an important step towards wider adoption of digital...
Bitcoin mining restricted to legal entities in Uzbekistan: Official
4.10.2023
Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated
Ripple earns Singapore Digital Payment Token Services license
4.10.2023
Ripple announced receiving the MAS’s (Monetary Authority of Singapore) approval for the MPI (Major Payments Institution) license. Now, the blockchain can legally offer its digital payment services in Singapore. Ripple will use its Singapore-based subsidiary, Ripple Markets APAC Pte Limited...
XRP Spikes as Ripple Scores Singapore License, SEC Loses Motion to Appeal
4.10.2023
Broader crypto markets dropped 0.7% in the past 24 hours, the CoinDesk Market Index (CMI) shows
Crypto Platform Ripple Joins Growing List of MPI License Holders in Singapore
4.10.2023
The Singapore subsidiary of crypto payments giant Ripple has officially received its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS).
The MPI license will allow Ripple Markets APAC Pte Ltd, the local arm, to provide digital payment token services in...
Ripple gets formal approval for Singapore payments license
4.10.2023
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore
Ripple Says Singapore License Formally Approved
4.10.2023
Ripple’s Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing region
Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services
3.10.2023
Sygnum Singapore, a subsidiary of the Switzerland-based cryptocurrency bank Sygnum, has received approval for its Major Payment Institution License (MPIL) from the Monetary Authority of Singapore (MAS) to be able to provide crypto brokerage services to accredited investors and institutions...
Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status
3.10.2023
A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s...
Coinbase Singapore secures MPI license from the Monetary Authority
3.10.2023
Coinbase Singapore is thrilled to announce that they have obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. According to the company’s team members, this demonstrates their commitment to the Singaporean market and paves the way for expanding their...
Singapore awards major payment institution license to Sygnum Bank subsidiary
3.10.2023
Sygnum Singapore plans to expand its regulated offering to Asia–Pacific (APAC) markets, such as Hong Kong, a spokesperson told Cointelegraph