Cryptocurrency Analysis and News Portal
There’s truly never a dull moment in DeFi. Reports have emerged this week that interest-yielding platform Nexo is pursuing an acquisition of an SEC licensed broker dealer with the intent to offer a “modified version” of the company’s products. How this would impact their current offering is unclear. The move comes
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Thailand’s Securities and Exchange Commission (SEC) has temporarily suspended the services of the local branch of crypto exchange Houbi and recommended revoking its operating license with the Ministry of Finance. With the suspension in place, Huobi has been given three months to return all assets to its clients.Huobi, which is
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Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this
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A multi-asset class trading firm in Bermuda has secured major regulatory approval allowing it to offer cryptocurrency trading services.Over-the-counter trading platform 24 Exchange has acquired a “Class T” digital asset business licence from the Bermuda Monetary Authority (BMA) to roll out cryptocurrency trading on its institutional-grade platform. The firm officially
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Long in the making, Zurich’s Crypto Broker AG announced Monday it has been granted a securities house license by the Swiss Financial Market Supervisory Authority (FINMA). Crypto Broker AG is part of a digital assets conglomerate that includes asset management and custody services. The license means broadening the scope of its
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The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider. Source
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Enterprise blockchain firm Iconloop has secured approval from South Korea’s Ministry of Science and ICT to test its decentralized identity, or DID, technology system to manage driver’s license data in the country.According to an announcement from the company, the trial run aims to showcase the DID’s capabilities in offering secure
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Digital asset services firm Bequant has secured two “in-principle” approvals in Malta which will eventually lead to the firm being a licensed prime broker and crypto exchange in Europe.“Within three months we should get the license,” Bequant CEO George Zarya said in an interview. “The regulator does not grant approvals
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The Crypto.com company currently serves up to 5 million customers providing them with a powerful alternative to traditional financial services.Payment service provider Crypto.com has secured the Australian Financial Service License (AFSL), further advancing the platform’s reach to expand its services to the Australian populace. According to a press release shared
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