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UAE-Based Crypto Exchange Seals Preliminary Approval From Regulators

United Arab Emirates (UAE)-based crypto asset exchange and custodian Arabian Bourse (ABX) — a joint venture from GMEX Group and Arshad Khan — has received initial regulatory approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The news was reported by financial news website Markets

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Grayscale Gets FINRA Approval to Offer Ethereum Trust to Individual Investors

Photo: Grayscale Investments / FacebookAmerican digital asset manager Grayscale Investments has disclosed that it managed to gain regulatory approval from the Financial Industry Regulatory Authority (FINRA) to open its Ethereum Trust for the over-the-counter (OTC) markets under the trading symbol ETHE for retail investors.ETHE, that was launched and funded by

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Grayscale Widens Net for Ethereum Investors with Trust’s FINRA Approval

By CCN: Digital asset investment firm Grayscale Investments, which boasts $1.2 billion in AUM, has received regulatory approval for another cryptocurrency product to be traded in the secondary market. FINRA, which is a self-regulatory organization, has given its stamp of approval to the Grayscale Ethereum Trust for the over-the-counter (OTC)

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SEC Postpones VanEck Bitcoin ETF, Yet Again. Should We Expect an Approval in 2019?

Yesterday, the United States Securities and Exchange Commission (SEC) postponed its decision on the VanEck/SolidX bitcoin (BTC) exchange-traded fund (ETF) proposal, signaling that the regulator is still not ready to see crypto-based funds being traded on regulated exchanges.However, while the general sentiment is that the agency will continue to

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BitOasis Secures Preliminary Approval With UAE Financial Regulator

United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13.Founded in 2015, BitOasis claims to be the Middle East's first digital currency wallet that uses multi-signature technology. The company previously announced that it was seeking to be fully licensed in

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ICE Pushes for Bakkt Bitcoin Custody License — CFTC Approval Imminent?

The Intercontinental Exchange (ICE) is reportedly taking steps to ensure approval from the United States Commodity Futures Trading Commission (CFTC) for its bitcoin futures contracts platform — Bakkt. ICE, the operator of the New York Stock Exchange (NYSE), recently acquired a cryptocurrency custodial service and are mulling plans to

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