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Vasp
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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Fuse Network Enables MultiChain Payments with Stargate
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
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VASP
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CryptoCurrency
Gemini Launches in France After VASP Registration, Expands Crypto Services
2024-11-19T09:30:00.000+02:00
French users can deposit, trade, and store crypto on Gemini’s app, using EUR, GBP, debit card, and Apple Pay.
Crypto ownership in France has increased by 2 percentage points, leading post-crypto winter growth.
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CryptoCurrency
Bybit Ramps Up Crypto Compliance with VASP Registration in Georgia
2024-11-05T13:02:36.873+02:00
The company has also pursued licensing in the Netherlands, Kazakhstan, and Türkiye.
The firm recently partnered with NBA to support blockchain growth and education in the Nordics.
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CryptoCurrency
MultiBank Sets Up in UAE with MEX Digital’s VARA License for Crypto Assets
2024-10-11T18:42:10.792+02:00
The firm reports net assets exceeding $583 million and daily trading volumes of $15.6 billion.
It serves over one million traders in 90 countries and operates under 15 global licenses.
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CryptoCurrency
Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering
2024-09-24T11:05:46.286+02:00
The acquisition enables the firm to operate as a registered VASP in France and Poland.
BCM clients will have access to over 200 digital assets, improved liquidity, and 24/7 support in local languages.
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CryptoCurrency
New Seychelles Rule Puts the Brakes on VASPs without Local Presence
2024-08-20T11:21:55.348+02:00
The bill aligns with FATF recommendations to address money laundering risks.
The FSA will oversee implementation and consumer education under the new law.
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CryptoCurrency
Crypto.com Gains VASP Approval from Central Bank of Ireland
2024-06-11T15:30:05.336+02:00
The firm can now offer crypto-to-fiat exchanges and fiat wallets in Ireland.
It serves 100 million customers globally and plans to expand its services following the approval.
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CryptoCurrency
CoinEx's VASP Authorization in Poland Targets European Crypto Market
2024-05-13T14:19:16.117+02:00
Established in 2017, the firm is catering to over 5 million users worldwide, spanning 200 countries.
A proposed law in Poland will allow the KNF to freeze crypto accounts for up to 96 hours.
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CryptoCurrency
Deribit Secures Conditional Dubai VASP License, Names Luuk Strijers as CEO
2024-04-02T08:00:00.000+02:00
The firm is in the process of relocating its global headquarters to Dubai.
It targets institutional investors while serving retail clients via its Panama affiliate.
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FinTech
DKK Partners Gets Green Light for Crypto in Dubai
2024-02-22T15:51:05.155+02:00
The FX company secures initial approval to offer virtual assets in the Middle East.
It wants to provide blockchain-based stablecoin solutions to local corporate clients.
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CryptoCurrency
DNB Greenlights Kraken with VASP Registration: Opens Doors to Dutch Market
2024-02-08T18:18:10.824+02:00
The acquisition of BCM in October highlights the importance of the Dutch market.
Approximately 20% of Dutch citizens hold digital assets, among the highest rates in Europe.
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Executives
South Korea Proposes Regulatory Vetting for Crypto Executives
2024-02-05T16:30:48.431+02:00
These amendments aim to regulate the employment of executives in crypto companies.
Currently, South Korea is seeking feedback from the public until March 24, 2024.
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CryptoCurrency
Gibraltar Authority Revokes Quickbit's License over Proceeds of Crime Act Violations
2024-01-05T12:09:52.610+02:00
After investigating in February 2023, GFSC has taken decisive action against the firm for multiple violations.
The firm ceased Gibraltar operations in early 2023.
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CryptoCurrency
CoinMENA FZE Secures VASP License for VA Broker-Dealer Services in Dubai
2023-12-12T14:26:35.689+02:00
Based in Bahrain, the firm holds a license from the Central Bank of Bahrain as a crypto service provider.
In November, six entities secured a VARA license for crypto operations in Dubai.
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CryptoCurrency
Fasset Becomes Sixth Crypto Firm to Secure Dubai VARA License in November
2023-11-30T11:16:52.090+02:00
The company secures Dubai's VARA license, expanding broker-dealer services.
Fasset is another crypto company to achieve this regulatory goal this month.
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News
Crypto.com's Middle-East Presence Solidifies with Dubai Crypto Licence
2023-11-14T13:07:50.457+02:00
The license enables the firm to offer regulated services upon meeting specified conditions.
Previously, the firm obtained VASP registration from the Bank of Spain.
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CryptoCurrency
UAE Shows Red Flags to Illicit Virtual Asset Service Providers
2023-11-08T14:18:53.733+02:00
The new guidance mandates that LFIs, DNFBPs, and licensed VASPs must report suspicious transactions.
The UAE landed on the FATF's grey list in March 2022.
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CryptoCurrency
BitPanda Secures VASP License in Norway, Bolsters European Presence
2023-10-19T19:37:24.529+02:00
The license allows the crypto exchange to offer trading services to millions of new users.
BitPanda is licensed in several countries, including Germany, France, and Sweden.
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CryptoCurrency
Kraken Dives into Traditional Markets: Targets US Stocks and ETFs
2023-09-27T22:50:05.274+02:00
The move comes as crypto firms aim to diversify services after a challenging year.
Kraken holds a regulatory license in the UK and has applied for a broker-dealer license in the US.
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CryptoCurrency
OKX’s Global Footprint Expands: Nears VASP License in Hong Kong
2023-09-04T16:02:28.745+02:00
Hong Kong’s pro-crypto stance is attracting crypto exchanges.
However, many exchanges have yet to obtain the licenses to operate in the country.
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CryptoCurrency
Laser Digital Joins ATFX and CMC Markets in Dubai Crypto Push, Gains VASP License
2023-08-01T10:56:42.382+02:00
Nomura's Laser Digital is another company that joins Dubai's crypto landscape.
The firm is set to launch its Trading and AM businesses in the next few months.
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Retail FX
Spain Registers eToro as Crypto Exchange, Custody Services Provider
2023-07-28T14:48:07.447+02:00
eToro recently inked a sponsorship deal with Baskonia, a Spanish basketball club.
However, the online broker was fined €1.3M in Italy earlier this month.
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CryptoCurrency
OKX Receives License for Operations in Dubai, Plans Expansion
2023-06-15T13:19:31.427+02:00
OKX acquires MVP Preparatory license from Dubai's VARA.
The company intends to enhance its regional presence by increasing its Dubai staff to 30.
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CryptoCurrency
UAE Central Bank Issues AML Guidance for Virtual Assets
2023-05-31T12:33:11.761+02:00
The guidance will apply to all licensed financial institutions.
It considers recommendations by the FATF.
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CryptoCurrency
OKX Becomes Another Crypto Exchange to Start HK Branch
2023-03-28T11:21:05.661+02:00
The second-largest crypto exchange is moving to Hong Kong and seeking local licensing.
Hong Kong will soon regulate the industry and allow retail crypto trading.
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CryptoCurrency
Bitstamp Gains Registration in Spain amidst European Expansion
2022-11-17T23:50:55.388+02:00
Bitstamp received a similar approval in Italy four months ago.
Other crypto exchanges are also getting registered in the Southern European country.
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