The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green light to offer services in the country. Just seven businesses have gone through the registration process in 2022 to achieve Money Laundering Regulations approval, which includes eToro UK, DRW Global Markets LTD, Zodia Markets (UK) Limited, Uphold Europe Limited, Rubicon Digital UK Limited and Wintermute Trading LTD.…
Tag: Operate
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan – Exchanges Bitcoin News
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central Asian nation which only recently took steps to regulate coin trading. Binance Receives Regulatory Approval From Kazakhstan Authorities Kazakhstan’s Astana Financial Services Authority (AFSA), the regulatory body that oversees the Astana International Financial Center (AIFC), has issued a temporary license approval to the world’s…
Binance Receives Approval In-Principle to Operate in Kazakhstan
The biggest cryptocurrency exchange has received a regulatory license to operate as a digital asset service provider in France, Bahrain, Spain, and Dubai since 2022. The Astana Financial Services Authority, or AFSA, an independent financial services regulator in Kazakhstan, has allowed the country’s largest cryptocurrency exchange, Binance, to operate. AFSA announced Monday that it had granted Binance in-principle authorization to operate as a digital asset trading facility and provide custody services in the Astana International Financial Centre, a financial hub in Nur-capital Sultan’s city. Binance stated in a Monday blog…
Crypto Exchange Coinify Obtains Regulatory Approval to Operate in Italy
The now-bankrupt crypto lender Voyager Digital acquired the exchange for $84 million in stocks and cash last August. Source
Binance obtains in-principle approval to operate in Kazakhstan
The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate in the country. In a Monday announcement, AFSA said it had granted in-principle approval toward Binance operating as a digital asset trading facility and providing custody services in the Astana International Financial Centre, a financial hub in the capital city of Nur-Sultan. In a Monday blog post, Binance said it was required to complete the application process for approval, which the crypto exchange expected to…
Binance Gets In-Principal Approval to Operate in Kazakhstan
AFSA, an independent financial technology regulator, is the first in the central Asian country to give in-principle approval to any Binance entity. The AIFC allows start-ups to carry out regulated activities. Binance Kazakhstan still needs to complete the full application process before it can start operations, the company said in a blog post on Monday. Source
Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands
Blockchain.com, a cryptocurrency exchange headquartered in London, announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and clearing house in the Cayman Islands. Following the approval, the Bahamas-based company said it would begin offering regulated crypto derivatives products and trading services to institutional investors in the Cayman Islands, operate a non-fungible token marketplace, and provide over-the-counter Crypto Brokerage Services. Blockchain.com’s chief commercial officer Lane Kasselman spoke of the development: “The Cayman Islands is a key jurisdiction for us — our…
Crypto Exchange Huobi Now Able to Operate in Australia
Huobi has received a registration with the Australian Transaction Reports and Analysis Centre. Source
European Crypto Exchange Bitstamp Registers to Operate in Italy
Bitstamp is the latest crypto exchange to register with Italy’s financial regulator. Source
Crypto Custodian BitGo Cleared to Operate in Italy
CryptoX – Cryptocurrency Analysis and News Portal Despite regulatory uncertainty, the crypto custody provider isn’t the only firm that has recently entered the European nation. Original Source The post Crypto Custodian BitGo Cleared to Operate in Italy appeared first on CryptoX. CryptoX Portal