Cryptocurrency Analysis and News Portal
iMiner, a Turkey-based company, has been granted a license to mine cryptocurrencies in Iran.Local news source Tabnak news reported on April 28 that iMiner has the green light from the nation's Ministry of Industry, Mine and Trade to operate up to 6,000 mining rigs in the city of Semnan.The mining
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Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make it one of the largest crypto miners in Iran.According to an article published on April 29, the Turkey-based company has invested nearly
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The Malta Financial Services Authority, or MFSA, has issued an alert on March 25 about two crypto exchanges that do not have licenses to operate, nor are they regulated in the country.COINMALEX and Crypto Foxtrades are the exchanges that the country’s financial watchdog alluded to in the statement, as
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The U.S. Federal Deposit Insurance Corporation (FDIC) has granted conditional approval for Square to function as an Industrial Loan Company (ILC). FDIC Grants Square’s Deposit Insurance Application According to a press release issued on Wednesday (March 18, 2020), the FDIC Board approved Square’s deposit insurance application to create a “de novo industrial
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Chile’s crypto trading platform CryptoMarket has obtained a license issued by the Estonian Financial Intelligence Unit (FIU), allowing it to provide services for the purchase and sale of crypto assets.Founded in 2016, CryptoMarket joins a select group of Latin American crypto companies operating in the region, with Bitso (Mexico)
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A New Jersey lawmaker wants to license crypto exchanges and custodians looking to conduct business in the Garden State.Assemblywoman Yvonne Lopez (D.-19) introduced the Digital Asset and Blockchain Technology Act Friday, putting forth a proposal to license any entity looking to provide digital asset trading, storage, purchase, sales, exchange, borrowing/lending
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The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore.According to a report from Bloomberg on Sunday, the firm's CEO and co-founder Changpeng "CZ" Zhao said in an interview that an application has already been submitted to the island state's
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A London-based startup says it wants to become the "first digital assets merchant bank" in the U.K.According to its website, DAG Global aims to "deliver next-generation merchant banking solutions to the underserved fintech, digital and SME sector." That is, however, once it's received a banking license in the nation.DAG has
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Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on
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A company that provides financial services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.'s Financial Conduct Authority (FCA).London-based BCB Group announced the news Wednesday, saying its subsidiary subsidiary, BCB Payments Ltd. is now the "first and only crypto-focused" company
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