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Retail FX
SVG Brokers Seek New Home in Other Jurisdictions after Regulator's Deadline
2023-06-13T20:59:39.620+02:00
FSA introduced the policy in the wake of rising fraud claims against FX trading firms.
However, some see the rule as a 'checkbox exercise'.
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CryptoCurrency
Gulf Binance Secures Crypto Service Provider License in Thailand
2023-05-26T23:13:41.326+02:00
Binance recently marked 7th regulatory license in EU.
However, the regulator is facing regulatory hurdles in US, Australia and Canada.
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CryptoCurrency
Crypto Trading Exchange Bitget Expands into Lithuanian Market
2023-04-20T12:00:00.000+02:00
Bitget has successfully registered in Lithuania to offer its services in this part of Europe.
In the meantime, it dedicated $200 million to DApps innovation.
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CryptoCurrency
Bitfinex Becomes First Licensed DASP in El Salvador
2023-04-11T21:43:48.254+02:00
The license permits Bitfinex Securities El Salvador to facilitate tokenized assets.
El Salvador became the first country to adopt Bitcoin as ledger tender in 2021.
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CryptoCurrency
Gate.io Crypto Exchange Confirms its SFC License Application
2023-04-11T10:36:20.226+02:00
Gate.io applied for an SFC license and wants to obtain VASP authorization.
In addition, the crypto exchange launched a new product dubbed Gate Wealth.
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CryptoCurrency
Binance's Ceffu Looks for Corporate Crypto License in Singapore
2023-03-02T12:35:34.964+02:00
After the retail business fiasco in the region, Binance wants to focus on professional clients.
The move occurs despite the exchange's mounting regulatory pressure in the US.
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Thought Leaders
Breaking News: Finvasia Group Secures Investment Banking Licence
2023-02-08T11:08:19.932+02:00
The global fintech group enters the investment banking space.
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FinTech
Over 1,000 Institutions Shun Swiss Regulator's License Application
2023-01-30T21:29:04.219+02:00
The Swiss regulator received 1,699 FinIA license applications in 2022 and granted 670.
FINMA says unlicensed portfolio managers and trustees may be fined as high as CHF 250K.
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Institutional FX
Boutique Wealth Manager EXANTE Secures FCA License, Launches in UK
2023-01-21T00:35:26.038+02:00
The boutique brokerage hopes to establish its headquarters in London.
A number of firms gained and lost their FCA licenses last month.
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Retail FX
Admirals Secures Kenyan License, Plans Takeover in Seychelles
2022-12-30T00:45:40.227+02:00
Admirals obtained a South African license six months ago.
The firm's Cypriot and South African subsidiaries are involved in the Seychelles takeover.
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Institutional FX
Hidden Road Becomes First Company to Secure Both Investment and Crypto FCA License
2022-12-22T12:05:02.905+02:00
The FCA has so far issued only 41 digital asset licenses.
Hidden Road became the first company to hold an investment and crypto license.
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CryptoCurrency
Binance Acquires 12th License after Acquisition in Japan
2022-11-30T12:31:27.489+02:00
Binance has acquired 100% ownership of Sakura Exchange BitCoin (SEBC).
SEBC is a JFSA-registered crypto platform from Tokyo.
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Thought Leaders
INGOT Brokers Obtains CMA License in Kenya
2022-11-25T18:09:46.046+02:00
Shortly After Attaining the FSCA License in South Africa, INGOT further strengthens its presence in the African Continent
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Retail FX
Eurotrader Boosts UK Presence with FCA License
2022-11-24T19:31:27.842+02:00
The broker hired several London-based executives in the past few months.
Eurotrader gained a license in South Africa last year.
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Thought Leaders
CAPEX.com Receives In-Principle Approval to Operate a Crypto Trading License in Abu Dhabi
2022-11-17T12:41:28.988+02:00
Yet another license backs up the broker's impressive Middle Eastern growth.
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CryptoCurrency
Binance Focuses on Crypto Safety in New MoU with Kazakhstan
2022-10-11T20:29:23.624+02:00
Binance has secured a permanent license in Kazakhstan.
The crypto exchange recently signed an MoU on blockchain development with the country.
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News
Binance.US Obtains Money Transmitter License in Nevada
2022-08-20T13:39:43.199+02:00
In 2022, the company obtained Money Transmitter License in several jurisdictions.
In April, Binance.US secured $200 million in seed funding.
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News
Crypto.com Boosts Global Presence, Secures Registration in South Korea
2022-08-08T09:55:01.413+02:00
The company has secured virtual asset service provider registration in the country.
Crypto.com aims to become an industry leader in regulatory compliance and consumer protection.
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Institutional FX
BMO Obtains Securities License in Japan
2022-08-05T08:08:08.543+02:00
The company aims to expand its presence in the region.
In 1962, BMO opened its first representative office in Japan.
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News
Binance Obtains VASP Registration in Spain
2022-07-08T13:23:54.474+02:00
The Spanish subsidiary of Binance secured the registration from the Bank of Spain.
The company applied for registration on 28 January 2022.
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News
Atlantic Money Expands Global Presence, Receives Approval from NBB
2022-06-28T12:19:18.844+02:00
The company has secured approval to operate as a payment institution.
The approval from the National Bank of Belgium has enabled the firm to provide its services across the EU region.
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News
Binance.US Secures Money Transmitter License in Puerto Rico
2022-04-20T10:27:53.218+02:00
Earlier this month, Binance.US received $200 million in seed funding.
The platform is planning to expand its presence.
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Regulation
Bison Bank Is the First Portuguese Lender to Gain Local Crypto License
2022-04-15T07:33:31.972+02:00
It is going to launch crypto trading and custodian services.
The central bank of Portugal has issued crypto licenses to only five companies.
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Retail FX
TradeZero Gets Approval to Launch Its Retail Equity and Options Trading in Canada
2022-02-23T09:57:16.448+02:00
The Bahamian brokerage firm has obtained approval to launch its trading in Canada.
The broker plans to offer access to U.S. equity products to Canada’s retail investors.
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News
XREX Obtains Money Services Business License from FINTRAC
2022-01-26T10:43:11.014+02:00
The Financial Transactions and Reports Analysis Centre is Canada’s financial intelligence unit.
The license will allow the company to expand its presence in North America.
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