News with the tag "license"

Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling American crypto trading and cu...

Kraken has obtained an Electronic Money Institution license from the UK’s Financial Conduct Authority. The approval allows Kraken to issue electronic money and facilitate faster deposits and withdrawals for UK customers. With this authorization, the exchange can establish partnerships with tradition...

In a significant leap for digital asset services, Hex Trust has officially announced the attainment of a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This pivotal regulatory green light, formalized on March 1st, positions Hex Trust as a frontrunner in the b...

In a significant development for the cryptocurrency industry, Matrixport, a prominent crypto financial services provider, has announced that its subsidiary, Fly Wing Technologies, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This exciting n...

SBI VC Trade has become the first firm in Japan to receive regulatory approval to handle stablecoins. The exchange plans to start processing USDC transactions on March 12. According to a report by CoinDesk Japan, SBI Group’s crypto trading firm has become the first Japanese firm to gain approval for...

Transak has secured Money Transmitter Licenses in Illinois and Missouri, expanding its reach into the U.S. market. The newly acquired licenses in the two U.S. states will enable the web3 payment infrastructure provider to operate independently in Illinois and Missouri, crypto.news can exclusively co...

Exciting news is breaking in the crypto world! MANTRA (OM), the blockchain platform laser-focused on Real-World Assets (RWAs), has just landed a major win. They’ve secured a coveted Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This isn’t just...

In a significant move that underscores Hong Kong’s commitment to becoming a premier hub for digital assets, Bullish, a prominent cryptocurrency exchange, has officially secured a virtual asset trading platform (VATP) license from the Hong Kong Securities and Futures Commission (SFC). This landmark a...

EToro has received regulatory approval under the European Union’s Markets in Crypto-Assets framework. This approval allows the company to provide crypto services across all 30 European Economic Area countries. The license was granted by the Cyprus Securities and Exchange Commission. The broker can n...

EToro said it received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework and will soon be able to provide cryptocurrency trading and custody services across the region. The trading platform announced the approval from the Cyprus Securities Exchange Commission o...