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Coinbase Explores FTX Acquisition and Derivatives License

Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market. Reports have emerged that Coinbase considered acquiring FTX Europe after the exchange’s bankruptcy in November. While the acquisition talks were not successful, Coinbase’s interest in FTX Europe underlines how important

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Alchemy Pay Obtains Money Transmitter License in Arkansas, United States

The issuance of this license, provided by the Arkansas Securities Department, marks a pivotal moment for Alchemy Pay as it is the company’s first Money Transmitter License within the United States. Alchemy Pay, a cryptocurrency payment gateway, has significantly expanded its global presence by securing a Money Transmitter License in the

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Crypto payment firm Alchemy Pay wins money transmitter license in US

Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States.Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20.Granted by the Arkansas Securities Department, the license officially enables Alchemy

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Ripple acquires Fortress Trust, expands license portfolio in the US

Financial technology firm Ripple is expanding its portfolio of regulatory licenses in the United States with the acquisition of Fortress Trust, according to an announcement on Sep. 8. Fortress Trust provides regulatory and technology infrastructure for blockchain organizations. The company holds a Nevada Trust license that allows it to custody financial

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OKX crypto exchange enters final stage of Hong Kong VASP license application

OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exchange expects the final approval for a VASP by March next year.Li Zhikai, the global chief commercial officer of OKX, in an interview, said that they are actively

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Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and receiving money — a definition that includes both fiat

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