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Circle receives digital token license in Singapore

0xMain
June 8, 2023

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Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated with Circle Internet...

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Singapore’s MAS grants license to Crypto.com

0xMain
June 1, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.com exchange has successfully obtained its major payment institution (MPI) license from the Monetary Authority of Singapore. With the permit, Crypto.com will expand its operations and product offerings nationwide....

OKX may open exchange in France after license application

0xMain
May 23, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent move, OKEx, the world’s second-largest cryptocurrency exchange by trading volume, applied for a DASP license in France. OKX would fully comply with the French regulatory framework...

Kraken expands to Ireland, secures VASP license

0xMain
April 19, 2023

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Kraken crypto exchange has expanded operations to Europe via Ireland, after successfully securing a Virtual Asset Service Provider License (VASP) license in the region. Kraken will operate in the jurisdiction through its new subsidiary, Payward Europe Solutions Limited. Jesse Powel’s Kraken crypto exchange...

Bitfinex receives El Salvador’s first digital asset license

0xMain
April 12, 2023

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Bitfinex Securities El Salvador has become the first crypto company to be granted a digital assets license by the El Salvador government. Bitfinex achieves a new milestone with the El Salvador license In a blog post on April 11, 2023, Bitfinex Securities El...

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Binance Australia’s derivatives license revoked amid regulatory intervention

0xMain
April 6, 2023

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The Australian Securities and Investments Commission (ASIC) has nullified Binance‘s derivatives license, compelling the world’s biggest crypto exchange to liquidate all extant positions by April 21. The regulatory body’s decision emerges in response to a meticulous examination of Binance’s operations. ASIC has voiced...

Japan’s FSA warns Bybit and other crypto exchanges of operating without license

0xMain
April 3, 2023

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Japan’s Financial Services Agency (FSA) has warned four cryptocurrency exchanges, including Bybit, of operating without a license. The other exchanges mentioned in the notice are MEXC Global, Bitforex, and Bitget. Bybit has received similar warnings, including one from Japan’s FSA in May 2021...

Uniswap v3 business source license expires, developers free to fork

0xMain
April 2, 2023

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The Business Source License (BSL) for the Uniswap v3 protocol expired on April 1. Developers can now fork it, protocol documentation shows. The decentralized finance (DeFi) industry has eagerly awaited this expiration as it would allow developers to deploy their decentralized exchanges (DEX)...

OKX expands to Hong Kong, to apply for VASP license

0xMain
March 28, 2023

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OKX exchange has set up shop in crypto-friendly Hong Kong and is now on the verge of applying for a virtual asset service provider (VASP) license in the SAR. OKX launching operations in Hong Kong OKX, the 7th-largest digital assets exchange in the...

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One of 14 companies with a DLT license in Gibraltar to launch IEO

0xMain
March 24, 2023

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This week in crypto, Silicon Valley Bank’s former parent company, SVB Financial Group (SIVB), filed for Chapter 11 bankruptcy protection, with Signature bank following in its footsteps. Despite these foreboding events, bitcoin (BTC) has rallied to its highest price since June 2022. Meanwhile,...