News with the tag "crypto licensing"

Hong Kong SFC Introduces Fast-Track Licensing for Crypto Platforms The Hong Kong Securities and Futures Commission (SFC) has announced a fast-track licensing process for virtual asset trading platforms (VATPs) , streamlining the approval process for compliant crypto exchanges. According to an update...

Over 7% of Australian fintechs closed in 2024, with blockchain firms leading the decline, a KPMG report has revealed.

The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.

The Australian markets regulator ASIC is set to double down on its oversight of the crypto ecosystem with new licensing rules The post Australia Cracks Down on Crypto With New Licensing Rules appeared first on TheCoinrise.com .

Top crypto exchanges like Coinbase, KuCoin, and Gate IO are seeking licensing pursuit in Turkey. The country has clearer crypto regulatory rules than the US. Many crypto trading platforms are looking to gain more global relevance with registrations in key market hubs. Top digital currency trading pl...

The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.

Less than a year since the Hong Kong gave the green light to cryptocurrency exchanges, there’s been a notable rush among established financial entities and brokerage firms to secure their spot in the crypto market. This move signals a broader acceptance and integration of cryptocurrencies within the...

Aloha, Hawaii has dropped all crypto licensing pilots, leaving the crypto industry unregulated. The Aloha State had consistently earned a nearly worst-in-the-nation reputation for its unfriendliness toward digital currencies—second only The post Aloha Hawaii Becomes Crypto-friendly, Drops Crypto Lic...

California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025. On Friday, October 14, Newsom declared that the bill, titled the Digital Financial Asset...

The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator.