Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges. Source link
Key Takeaways Crypto.com gained full approval from Dubai’s VARA, allowing its UAE entity to cater to institutional investors, supporting Dubai’s vision as a digital asset hub alongside firms like Deribit and OKX; This…
The Hong Kong-based crypto exchange HKVAEX, reportedly associated with Binance, withdrew its license application from the Securities and Futures Commission of Hong Kong (SFC) on March 28th. HKVAEX announced its intention to apply…
Kraken, a cryptocurrency exchange, has announced that it obtained a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank (DCB) in the Netherlands. This move strengthens the crypto market in Europe,…
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own…
Quantoz Payments, a subsidiary of Dutch blockchain firm Quantoz, has secured a license as an electronic money institution (EMI) under the oversight of the Dutch Central Bank. The authorization empowers Quantoz Payments to…
Commerzbank, Germany’s fourth-largest bank, announced its become the first among its peers to secure the Crypto Custody License under Article 1 Section 1a Sentence 1 No 6 German Banking Act (KWG). The newly acquired…
Rhode Island has officially approved a license requested by Twitter Payments LLC, X’s payment branch, to be able to store, transfer, and exchange Bitcoin and other digital assets on behalf of its users. The currency transmitter…
The Australian Securities and Investment Commission (ASIC) has sentenced Melbourne-based cryptocurrency lending firm Helio for falsely claiming it held an Australian credit license (ACL) in August 2019. According to an official release from…
M2 claims its platform will hold “the highest levels of trust, security and integrity in the emerging virtual asset class.” The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) has taken…
Following regulatory issues in the US, Binance continues to halt services or license applications in multiple countries across Europe. Binance, the renowned cryptocurrency exchange, has withdrawn its application for a crypto custody license…
The Australian Securities and Investments Commission (ASIC) announced the cancellation of the AFS license of bankrupt crypto exchange FTX’s Australian entity, effective from July 14. The Australian arm had once boasted 30,000 retail…
The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its customers. The company recommends to EU cardholders that…
The largest bank in Germany in terms of total assets – Deutsche Bank – has reportedly sought regulatory permission to start operating as a crypto custodian. DZ Bank – another leading financial institution…
The German banking giant is looking to become a digital asset custody provider. Deutsche Bank, the largest financial institution in Germany, has initiated steps toward expanding its footprint in the crypto space. According…
The license signals OKX’s ambition to establish a robust presence in the Middle Eastern region. The cryptocurrency exchange OKX has successfully obtained a minimal viable product preparatory license from Dubai’s Virtual Assets Regulatory…