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Circle Internet Group is expanding its tokenized financial services in Bermuda. The company will bring the Hashnote Tokenized Money Market Fund under its existing Digital Assets Business Act license with the Bermuda Monetary Authority, according to a company press release.…
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Ripple has received approval from the Dubai Financial Services Authority to provide regulated crypto payment services in the Dubai International Financial Centre. This makes Ripple (XRP) the first blockchain-powered payments company licensed by the DFSA. According to the press release…
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Kraken has obtained an Electronic Money Institution license from the UK’s Financial Conduct Authority. The approval allows Kraken to issue electronic money and facilitate faster deposits and withdrawals for UK customers. With this authorization, the exchange can establish partnerships with…
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Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms. According to local media outlet El Colombiano, the bill aims to establish a…
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Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S. Department of Justice, which…
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EToro has received regulatory approval under the European Union’s Markets in Crypto-Assets framework. This approval allows the company to provide crypto services across all 30 European Economic Area countries. The license was granted by the Cyprus Securities and Exchange Commission.…
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Crypto exchange Bybit is no longer on France’s Autorité des Marchés Financiers blacklist after more than two years of regulatory scrutiny. On Feb.14, Bybit CEO Ben Zhou announced on his X account that the company had resolved its ongoing issues…
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Hong Kong’s Securities and Futures Commission held the first meeting of its Virtual Asset Consultative Panel on Feb. 14, marking a key step in shaping the city’s crypto regulations. According to the official announcement, the panel was led by SFC…
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Bitget, a leading global cryptocurrency exchange, has been granted a Virtual Asset Service Provider (VASP) license by Bulgaria’s National Revenue Agency. Following the approval, Bitget has been authorized to offer its Bulgarian clients a range of cryptocurrency services. The exchange…
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The Cboe BZX Exchange is seeking SEC approval to introduce staking for the 21Shares Core Ethereum exchange-traded fund. In a recent filling submitted as a Form 19b-4, Cboe BZX has requested SEC approval for the Ethereum (ETH) held within the…
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Kraken’s European expansion accelerated as the crypto exchange obtained a new digital asset license to provide more services.
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Bitpanda has received a MiCA licence from Germany’s Federal Financial Supervisory Authority, allowing it to operate under a unified regulatory framework across all 27 EU member states. The MiCA licence introduces a single regulatory regime for the crypto industry in…
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The Hong Kong Securities and Futures Commission has issued virtual asset licenses to local crypto exchanges Panthertrade and YAX. Hong Kong financial authorities have updated their list of virtual asset trading platforms that have received an operating license from the…
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Hong Kong regulators have vowed to issue new licenses for crypto trading platforms in the country after a lengthy review process. According to Chinese media outlet SINA Finance, Executive Director of the Intermediary Department of the Hong Kong Securities and…
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The Securities and Exchange Commission Philippines shared a draft of its cryptocurrency regulations framework. Stakeholders are invited to give feedback on the draft no later than Jan. 18, 2025. According to the recently shared document, the published regulatory draft is…
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CoinDCX’s BitOasis has been granted a full virtual asset service provider license from Dubai virtual asset regulators, two years after it secured an operating permit. In a press release, Dubai-based crypto exchange BitOasis announced that it has received a new…
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