Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi
Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi Original Source
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Approval
Binance receives in-principle approval to operate in Abu Dhabi
Binance, the world’s biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai. The in-principle approval from the Abu Dhabi Global Market (ADGM) allows Binance to operate as a broker-dealer in
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30% crypto tax becomes law in India following Finance Bill approval
The Indian Finance Bill 2022 with new 30% crypto tax rules was approved by the Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will come into effect starting on April 1.The approval of the bill by the upper house of the parliament comes
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UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator – Bitcoin News
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional
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New Hampshire hopes its express approval of crypto-friendly law will attract new business
The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form, but if HB1503 is signed into law, New Hampshire will
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FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers
The company says the change would allow customers to transparently assess and respond to derivatives risk in real time. Source
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Paxos Wins Regulatory Approval From Monetary Authority of Singapore
The custodian and back-end provider is the first crypto firm to gain regulatory approval in both New York and Singapore. Source
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FTX expands to Europe with CySEC approval
The global crypto derivatives and spot trading exchange FTX is expanding to Europe after receiving approval from the Cyprus Securities and Exchange Commission (CySEC).The new venture called FTX Europe would offer leading products of the company to the European clients via a licensed investment firm across the European economic area.
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Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients.In a Tuesday announcement, SFOX said the Wyoming trust charter will allow the firm to operate in the state as the SAFE Trust Company,
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Uphold becomes registered crypto-asset firm in UK post-FCA approval
A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom's Financial Conduct Authority (FCA).According to the FCA website, Uphold’s U.K. subsidiary Uphold Europe Limited gained regulatory approval on Feb. 17, 2022, joining the select list of 32 firms that have received FCA approval
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