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British Financial Watchdog Approves BCB Group as Authorized Payment Firm

BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators.The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the firm’s core subsidiary, BCB Payments, as an authorized payment institution (API), BCB Group announced on

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Fidelity Digital Asset Services Now Authorized to Operate Crypto Custody Platform

Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution platform.Per a Nov. 19 press release, the NYDFS authorized FDAS to operate as a limited liability trust company and run a

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France’s Finance Minister: Facebook Libra Will Not Be Authorized in Europe

Facebook’s Libra is already suffering from several political issues within the United States as several Congress members wrote an open letter to Mark Zuckerberg in which they called to halt the development of Libra, Facebook’s native cryptocurrency.Now, in Europe, France has announced that it will block the development of Facebook’s

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