Friday, March 29, 2024
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Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services. In a bid to expand its crypto-related services in the Middle East, Paxos Trust Company LLC has announced that it has received the

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Coinbase crypto exchange obtains payment license in Singapore

The United States-based cryptocurrency exchange Coinbase is expanding operations in Singapore by securing major regulatory approval from the country’s central bank.Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, the firm announced on Oct. 1. The new license, coming one year after Coinbase’s initial

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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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Ripple Crypto Obtains In-Principle Approval for Major Payments Institution License in Singapore

“We're pleased that Singapore has taken a forward-looking approach to how to regulate digital assets,” Stu Alderoty, Chief Legal Officer of Ripple, said in an interview with CryptoX. “With their licensing framework, they have figured out how to create a clear taxonomy for digital assets, balancing the need to protect

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3AC’s Su Zhu Obtains Singapore Restraining Order Against BitMEX’s Arthur Hayes Over Twitter ‘Harassment’

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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