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Binance Reaching a Larger User Base by Applying for Singapore’s New Crypto License

Binance Reaching a Larger User Base by Applying for Singapore’s New Crypto License

Crypto exchange Binance has applied for a license in Singapore under the country’s Payment Services Act, a new framework that came into effect on Jan. 28.

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

Coinbase Secures an E-Money License From the Central Bank of Ireland

Coinbase Secures an E-Money License From the Central Bank of Ireland

The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.

Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

German Banks Authorized for Crypto Custody and Sales in 2020

German Banks Authorized for Crypto Custody and Sales in 2020

In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.

Credit Giant MasterCard Grants Wirex First Principal Membership License

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

The Avanti Financial Group has recently become the second cryptocurrency company to get a banking license in the United States.

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services.

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.

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