Kraken Receives UAE License to Operate as a Regulated Crypto Exchange
The exchange joins several counterparts moving to or gaining licenses in the United Arab Emirates. Source
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Operate
The best ways to participate and operate
Decentralized finance (DeFi) is a concept that has received a lot of attention since the so-called DeFi Summer of 2020 because its usage, often measured in total value locked (TVL), has risen dramatically since that time. In the last year alone, TVL rose by over 240% to a current $209
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UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration – Regulation Bitcoin News
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was last week but these five firms’ applications are still pending. Five Crypto Firms Can Continue to
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Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi
Binance Gets In-Principle Approval to Operate as Crypto Broker-Dealer in Abu Dhabi Original Source
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Binance receives in-principle approval to operate in Abu Dhabi
Binance, the world’s biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai. The in-principle approval from the Abu Dhabi Global Market (ADGM) allows Binance to operate as a broker-dealer in
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Binance secures a license to operate in Dubai
Cryptocurrency exchange Binance announced on Wednesday that it had been granted a license to operate in Dubai, United Arab Emirates. The company’s presence in the Middle East has been building up lately, with a crypto service provider license in another Gulf market, Bahrain, coming in earlier this week.Under the
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Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says – Bitcoin News
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy
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CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
“I am delighted that CryptoCompare has now achieved FCA authorisation, creating new avenues for institutional and retail investors to gain exposure to our standard-setting digital asset indices,” said Charles Hayter, CEO of CryptoCompare, in a statement. Source
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Changing the way DeFi projects operate
The end of 2020 has been huge for the crypto community. Not only was there a spectacular price surge across digital assets, possibly signaling the beginning of another bull market, but there was also the launch of Ethereum 2.0 beacon chain, which has been in development for some time.The long-awaited
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Jack Ma’s Ant Group, 3 Other Digital Banks Get OK to Operate in Singapore
The approved digital banks will be able to start operating from Singapore in early 2022. Source
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