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Ripple Crypto Obtains In-Principle Approval for Major Payments Institution License in Singapore

“We're pleased that Singapore has taken a forward-looking approach to how to regulate digital assets,” Stu Alderoty, Chief Legal Officer of Ripple, said in an interview with CryptoX. “With their licensing framework, they have figured out how to create a clear taxonomy for digital assets, balancing the need to protect

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Deutsche Bank awaits regulatory approval to offer digital asset custody services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to a BNN Bloomberg report, Deutsche Bank — a leading global financial institution — has recently submitted an application to the German securities regulator, Bafin, seeking approval to provide custody services for digital assets, including

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Crypto lobbyists seek SEC info on regulatory approval for Prometheum

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Blockchain Association, a prominent US crypto lobbying group, has lodged a formal inquiry with the US Securities and Exchange Commission (SEC) to acquire information about the relatively unknown crypto firm, Prometheum. This move comes after Prometheum’s

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Bybit set to expand into Kazakhstan following regulatory approval

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of crypto services. The in-principle approval sets forth

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Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

Elon Musk’s brain-computer interface (BCI) startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for its surgically implanted brain device. Congratulations Neuralink team! https://t.co/AWZGf33UDr— Elon Musk (@elonmusk) May 26, 2023 It’s unclear at this time what kind of trials the

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Bitget joins Binance in obtaining regulatory approval in Poland

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitget, a cryptocurrency exchange, successfully obtained a regulatory license to operate in Poland. The new approval enables Bitget to expand its operations in the European Union (E.U.) region but also ensures adherence to local and international laws. The

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Prometheum subsidiary receives FINRA approval for digital asset qualified custody

Prometheum subsidiary Prometheum Ember Capital has received approval from the Financial Industry Regulatory Authority (FINRA) as a special purpose broker-dealer (SPBD) for digital asset securities. This approval allows Prometheum to custody digital asset securities on behalf of retail and institutional clients.FINRA’s designation of Prometheum Ember Capital as an SPBD makes

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