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The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal Portugal’s monetary authority is
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On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region. Dubai’s Virtual Asset Regulatory Authority (VARA) issued the operating license to FZE under the MVP program, which according to Helal Saeed Almarri, the director
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Komainu, a joint venture between Japanese investment bank Nomura, digital asset manager CoinShares and digital asset security company Ledger founded in 2018, has already established a firm foothold in the Asia-Pacific region and is eyeing an expansion into the Middle East, according to Sebastian Widmann, Komainu’s head of strategy. Source
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“Once we closed the deal, I think we all felt this weight. Like wow, we're doing this with Biggie,” James told CryptoX in an interview. “We needed to make sure that we would respect his legacy, and I think we felt a responsibility to do it in the most authentic
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New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier, in February 2022, a company received an Electronic Money Institution (EMI) authorization from the CBI. The news was reported on Gemini’s official
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Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.”On Tuesday, Crypto.com announced that it had officially received registration and regulatory approval from Organismo Agenti
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The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services to pre-qualified investors and financial service providers. OKX
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Cryptocurrency exchange OKX has been awarded a provisional virtual assets (VA) license to provide services to qualified investors in the UAE. Source
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Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of the country. More
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