Cryptocurrency Analysis and News Portal
A Greenland Holdings subsidiary is applying for a virtual asset trading license in Hong Kong, the South China Morning Post reported. It is the first state-owned Chinese company to do so. Greenland Financial Technology Group CEO James Geng Jing told the Hong Kong newspaper that a new company dedicated to virtual
Read More
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr, part of the state-owned Ethio Telecom network, operated in that market.Kenya-based Safaricom was also the first company to break Ethio Telecom’s monopoly on Ethiopian mobile
Read More
The Hong Kong Securities Futures Commission (SFC) is reportedly set to release cryptocurrency exchange licensing guidelines next month. The plans were reported by Bloomberg on April 27, which cited comments from the SFC’s chief executive Julia Leung on Thursday. The incoming guidelines will provide support to crypto trading platforms that
Read More
As part of what the exchange calls its “8-week international expansion drive,” Coinbase in its blog post took note of, among other items, doubling down on its investments in the Canadian market. The company recently hired Lucas Matheson as country director and signed a Pre-Registration Undertaking (PRU), which is considered
Read More
United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it's reportedly set to launch a derivatives exchange based there as soon as next week.According to an April 19 blog post, Coinbase revealed it had "received our regulatory license to operate from the Bermuda Monetary Authority" —
Read More
Danish startup Januar announced April 19 that it has received a Payment Institution License from the country’s Financial Supervisory Authority (DFSA). The license will allow Januar to conduct business in the 30 European Economic Area markets, whereas it only served Danish companies under its previous limited permission. Januar provides International
Read More
The news comes as crypto companies are looking outside the United States and China for regulatory clarity. Cryptocurrency exchange Kraken has received regulatory approval to operate in Ireland. The company successfully registered its Irish subsidiary Payward Europe Solutions Limited with the Central Bank of Ireland as a virtual asset service provider
Read More
The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates. Source
Read More
Amber Group could sell its subsidiary in Japan to focus more on institutional rather than retail businesses. Leading global digital asset platform Amber Group is considering a possible sale of its Japan subsidiary amid other plans. The exchange liquidity provider and validator also seeks to apply for a license in Hong
Read More
Digital asset exchange “Bitfinex Securities El Salvador” has received a digital asset service provider license under El Salvador's new Digital Assets Issuance Law, which was passed by El Salvador's National Congress in January 2023, with the goal of fostering increased financial innovation and growth in the Central American country. According to
Read More