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Crypto exchange Binance has been registered as a virtual asset service provider (VASP) by the Bank of Spain. This allows the exchange to offer custody and crypto exchange services in the country legally. Binance said in an announcement on Friday that its Spanish subsidiary, called Moon Tech Spain, was registered as
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A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN).The Seychelles based Huobi said on July 5 that the license creates a foundation for it to carry out crypto-related business in the U.S.
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Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state.The Iowan license will allow the crypto lender to receive money and sell payment instruments in the state.
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Australian-based cryptocurrency exchange BTC Markets has become the first crypto company in the country to gain a financial services license.The license was issued by the country’s financial regulator, the Australian Securities and Investments Commission (ASIC), to BTC Markets’ sister company BTCM Payments. We have an exciting announcement to make: BTC
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Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but to “further strengthen [its] banking relationships within the UAE.” Expanding Coinmena’s Activities in the
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“The conditional virtual currency license allows businesses to have well-regulated access to the New York marketplace through partnerships with licensed firms, ensuring that New Yorkers have access to a wide variety of virtual currency products with appropriate consumer protections,” she said. “With PayPal’s conversion to a BitLicense, the conditional license
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The largest crypto exchange's license, awarded in March, was upgraded to allow it to offer a wider range of services. Original Source
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The providers will be allowed to operate with virtual assets approved by the BCC, the resolution said, without disclosing further details. It did clarify that virtual assets “do not include digital representations of fiat currency, securities and other financial assets widely used in traditional banking and financial systems, which are
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The exchange joins several counterparts moving to or gaining licenses in the United Arab Emirates. Source
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