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Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’
3.10.2023
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized....
Crypto Trading Platform GSR Receives In-Principal MPI License in Singapore
2.10.2023
GSR Markets, a subsidiary of cryptocurrency market maker GSR, has obtained in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Authorities in Singapore have so far granted the MPI licenses to 14 Digital Payment Token companies...
Coinbase Obtains Payment License in Singapore
2.10.2023
Last week the company attained regulatory approval in Bermuda and registered with Spains central bank
Coinbase crypto exchange obtains payment license in Singapore
2.10.2023
The new MPI license comes one year after Coinbase’s initial in-principle approval in Singapore, enabling it to expand digital payment token services
Coinbase Attains Full License to Expand Crypto Payment Services in Singapore
2.10.2023
Crypto exchange Coinbase has secured a full major payment institution (MPI) license under Singapore's Payment Services Act.
Coinbase announced that the recent development comes nearly a year after Coinbase received preliminary approval from the Monetary Authority of Singapore (MAS).
With this...
Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case
28.9.2023
On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.
During a press conference on Wednesday, Chris Tang Ping-Keung, the Secretary for Security of Hong Kong, reassured the public that the police are fully committed...
Kraken Expands Presence in Europe, Obtains EU E-Money License to Offer Services in Spain and Ireland
26.9.2023
Kraken moves toward a wider European presence with key regulatory steps in Spain and Ireland after it obtained an EU e-money license.
According to a press release on Sept 26, the exchange announced a progression in Europe after it successfully registered with the Bank of Spain for a Virtual Asset...
Kraken secures money license registrations in Spain and Ireland
26.9.2023
The move follows the crypto exchange's successful VASP registration in Italy
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
26.9.2023
A crypto exchange claiming $1.7 billion in daily trades, and reporting $1.4 billion on CMC, had been reportedly displaying false license data until it was checked by Estonian regulators
Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
25.9.2023
Securities and Futures Commission says decision was made in light of public demand
Hong Kong to Reveal List of Crypto License Applicants in the Wake of JPEX Scandal
25.9.2023
Hong Kong’s financial watchdog confirmed Monday that it would publish the list of cryptocurrency trading firms that have applied for licenses to operate in the Chinese territory, in the wake of the JPEX scandal.
The Securities and Futures Commission (SFC) will reveal the list following public...
Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading
21.9.2023
Philippine’s Union Bank has become the first and only bank in the country to receive a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP).
The bank received a ‘Certificate of Authority’ from the central bank, marking it the first in...
Crypto payment firm Alchemy Pay wins money transmitter license in US
21.9.2023
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas
VARA issues an operating license to TOKO Network
11.9.2023
Dubai’s Virtual Asset Regulatory Authority has issued an operating license to TOKO Network. This grants permission to the network to work as a Broker Dealer and Exchange Service. VARA has been engaging with crypto ventures in Dubai to ensure their operations comply with the prevailing regulatory...
France Moves To License TradFi and Crypto Influencers
11.9.2023
French authorities have rolled out a licensing program for influencers involved in financial products including cryptocurrencies citing investor protection concerns.
The Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP), two French...
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Ripple acquires Fortress Trust, expands license portfolio in the US
8.9.2023
Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States
OKX In Final Stage To Obtain Hong Kong VASP License As Retail Trading Market Grows
4.9.2023
Digital asset exchange, OKX has entered the final stage to obtain a Virtual Asset Service Provider License (VASP) in Hong Kong.
Hong Kong’s pro-crypto stance in 2023 has seen firms apply for licenses to offer multiple crypto trading services in the country.
At the moment, Hong Kong authorities...
OKX crypto exchange enters final stage of Hong Kong VASP license application
4.9.2023
The Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...