Revolut secures UK banking license
Crypto-friendly fintech platform Revolut has secured a banking license in the UK. The digital bank has 9 million UK customers and 45 million globally. After a three-year wait, crypto-friendly fintech…
Circle becomes first stablecoin issuer to secure license under EU’s MiCA regulations
ACPR grants Circle e-money license for USDC and EURC across EU. Circle is the first stablecoin issuer to get licensed under MiCA regulation. MiCA aims to protect investors with stablecoin…
OKX withdraws VASP license application in Hong Kong
OKX withdraws VASP license application in Hong Kong. The exchange will cease trading services by May 31. Users can withdraw funds until August 31. OKX has announced the withdrawal of…
Florida court reinstates Binance US money services license
Binance US wins appeal to reinstate its Florida money-services business license. Court ruled OFR lacked legal justification for the emergency suspension order. Binance US suspension posed financial risks to over…
Zodia Custody secures TCSP license in Hong Kong
Zodia Custody (HK) has received the Trust or Company Service Provider (TCSP) license. The Standard Chartered-backed digital assets custody platform will offer regulated services to institutional clients. Zodia Custody (HK),…
Crypto.com seeks Hong Kong license amid regulatory crackdown
Crypto.com applies for Hong Kong license amid regulatory crackdown. Hong Kong SFC emphasizes swift closure for unlicensed exchanges, urging investor protection. The outcome of Crypto.com’s application remains uncertain. In a…
OKX secures VASP license from Dubai’s VARA
The VASP license remains non-operational until OKX fulfills specific conditions. However, once granted, it will allow OKX to offer virtual assets exchange services to institutional and qualified retail customers. Crypto…
Circle secures French DASP license, appoints head of operations
Circle Secures French DASP License: The licensing aligns Circle with MiCA regulation. Director of European Operations and financial expert appointed to lead Circle’s compliance efforts. In a strategic move towards…
CoinMENA FZE secures VASP License for VA broker-dealer services in Dubai
Following the VASP license, CoinMENA FZE can now operate operations and services in and from the Emirate. CoinMENA focuses on reducing fiat-to-crypto transaction costs. CoinMENA FZE has joined the growing…
Crypto.com granted UK E-Money License by FCA
Crypto.com achieves FCA approval. The license empowers crypto.com to introduce UK-localized e-money products. The series of approvals underscores the exchange’s responsible innovation in the rapidly evolving cryptocurrency market. Singapore-based cryptocurrency…