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"Today, Rain is launching in the UAE, as the first licensed retail exchange," Joseph Dallago, CEO and co-founder of the Bahrain-based company, tweeted on Tuesday. "This is a 5 year effort, as we were one of the first exchanges to enquire about licensure back in 2018, when the ADGM released
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Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA), a spokesperson for the firm told Cryptox. The company is also seeking a payments license in Ireland as part of its massive investment in the region.The registration was
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SG-FORGE, the cryptocurrency unit of the French multinational financial giant, Société Générale Group, has become the first institution to receive a cryptocurrency regulatory license in France, enabling the company to operate as a regulated digital asset
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SG Forge is licensed to provide buying and selling, exchange and custody of digital assets. Source
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The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange's local subsidiary — effective July 14. On July 19, the Australian Securities and Investments Commission (ASIC) announced the cancellation, before noting that FTX Australia will still be allowed to provide limited financial
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai’s digital asset regulator, the Virtual Asset Regulatory Authority (VARA), has suspended crypto exchange BitOasis from operating in the region. The regulatory body accused BitOasis of failing to meet the necessary regulatory requirements, prompting the suspension that
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BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions. Source
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Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority.On July 10, the Virtual Assets Regulatory Authority (VARA) issued two alerts saying its undertaken enforcement action against BitOasis and is reviewing the Dubai-based firm.VARA said BitOasis’
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied HashKey Pro, a cryptocurrency exchange based in Asia, has applied for a license update from Hong Kong’s Securities and Futures Commission (SFC) per the city-state’s new virtual asset trading licensing system. According to regional news outlets, HashKey Pro,
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Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers,
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