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The license will allow Ripple to provide better support to its “forward-looking customers”, as well as facilitate the process of building a “more inclusive and borderless financial system”. Blockchain solutions provider Ripple has been granted in-principle approval of the Major Payments Institution License from the Monetary Authority of Singapore (MAS). As a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A Hong Kong lawmaker is extending an invitation to Coinbase, despite news of the SEC lawsuit occurring just one week earlier. Hong Kong Legislative Council member Johnny Ng has taken to Twitter to invite Coinbase and
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The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said. Source
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The launch of the crypto exchange in Thailand comes at an opportune time, as the country continues to embrace digital innovation and blockchain technology. The world’s largest crypto exchange Binance has teamed up with Gulf Innova Co Ltd, a major technology firm in the Gulf area, to launch a new crypto
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Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges. Earlier on Tuesday, May 23, crypto exchange Bitget announced that it has successfully registered as a virtual asset service provider (VASP) in Poland.
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Pony.ai is the first and only company to receive such a permit in Guangzhou. Software company Pony.ai has received a permit to operate its driverless robotaxi services in Guangzhou city of China. The startup, which is backed by Toyota Motor Corp., now has the authorization to offer its service in the
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As part of what the exchange calls its “8-week international expansion drive,” Coinbase in its blog post took note of, among other items, doubling down on its investments in the Canadian market. The company recently hired Lucas Matheson as country director and signed a Pre-Registration Undertaking (PRU), which is considered
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The news comes as crypto companies are looking outside the United States and China for regulatory clarity. Cryptocurrency exchange Kraken has received regulatory approval to operate in Ireland. The company successfully registered its Irish subsidiary Payward Europe Solutions Limited with the Central Bank of Ireland as a virtual asset service provider
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Core ethereum (ETH) developers have launched a new software feature called EntryPoint that allows wallet accounts to function as smart contracts. The new feature aims to bring so-called “account abstraction.” Crypto account abstraction is a mechanism that enables wallets to handle complex tasks automatically without requiring users to interact with the
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A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door to Blockchain Space for Russian Financial Service Providers The
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