REGULATORY APPROVAL
Elon Musk's X to Launch In-App Payment Services by Mid-2024
Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.
French Bank SocGen Obtains Regulatory Approval to Offer Crypto Assets Services
Société Générale now engages in regulated crypto-related business activities.
Crypto Exchange Blockchain.Com Joins Exchanges in Italy
Blockchain.com said the registration is an important part of its global plans to provide services across Europe and across the world, as the exchange just get approval from the Italian regulator.
Paxos Gets Nod to Operate Digital Payments Token Services in Singapore
It is a positive sign for Paxos as it means that the blockchain company is a compliant business and MAS is supportive to it.
Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly
US regulators have approved shares of Grayscale Investment’s Litecoin and Bitcoin Cash Trusts for public trading.
Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country
The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.
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.