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eToro’s foray into the UAE comes amidst a period of global expansion for the platform. The retail and social trading giant eToro recently announced that it has received a license from the Abu Dhabi Global Market (ADGM) to operate as a broker in securities, derivatives, and crypto assets in the United Arab
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In a post made Nov. 23 on LinkedIn, David Friedland, the Managing Director of the Asia Pacific region for Interactive Brokers, shares an early announcement of a Hong Kong license approval. The license is said to allow retail clients to trade Bitcoin (BTC) and Ethereum (ETH). A surge in activity The recent announcement
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X owner Elon Musk received a show of support from crypto professionals, despite a storm of criticism and advertiser departures from his social platform after the world’s richest person made what critics perceived as an anti-Semitic comment. In a Nov. 18 post, Tamara Haasen, who presides over InputOutput, the engineering and
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XREX, a crypto exchange in Asia focusing on cross-border payments, has secured in-principle approval for a Major Payment Institution (MPI) license in Singapore. On Nov. 17, XREX announced on X (formerly Twitter) that it had received initial approval from the Monetary Authority of Singapore for a license that would eventually allow
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According to a Nov. 15 update, Bitnovo, the non-custodial crypto asset service provider that was founded in 2014 in Spain, has been registered as a digital asset provider (PSAN). This registration allows Bitnovo to offer its services in France, according to the AMF, France’s Financial Markets Authority. Maintaining regulation Pressbrokers SL (Bitnovo) |
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Hong Kong-founded institutional cryptocurrency asset custodian Hex Trust has been given the green light to offer virtual asset custodial services to institutional clients and investors in Dubai.The firm, which established an office in the city in June 2022, received a full virtual asset service provider (VASP) license from Dubai’s Virtual
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BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL. BGX Group, a division of the Bitget exchange, has recently declared its intent to invest in BC Technology Group. This company is notably recognized as the parent corporation of
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In a Nov. 8 post released on X, Open Exchange (OPNX) shares the announcement of their latest regulatory milestone in Europe. The exchange is said to now have the Virtual Asset Service Provider (VASP) license in Lithuania, a country in the Baltics. Adhering to high standards The announcement stated that the license would
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In a striking dual analysis, the financial charts paint contrasting futures for the US Dollar Index (DXY) and Bitcoin (BTC). Gert van
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