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Circle receives digital token license in Singapore

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated with […]
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Singapore’s MAS grants license to Crypto.com

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.com exchange has successfully obtained its major payment institution (MPI) license from the Monetary Authority of Singapore. With the permit, Crypto.com will expand its operations and product offerings nationwide. Crypto.com, the 22nd-largest bitcoin (BTC) trading venue per CoinMarketCap and digital assets […]
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Kraken expands to Ireland, secures VASP license 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kraken crypto exchange has expanded operations to Europe via Ireland, after successfully securing a Virtual Asset Service Provider License (VASP) license in the region. Kraken will operate in the jurisdiction through its new subsidiary, Payward Europe Solutions Limited. Jesse Powel’s Kraken […]
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Binance Australia’s derivatives license revoked amid regulatory intervention

The Australian Securities and Investments Commission (ASIC) has nullified Binance‘s derivatives license, compelling the world’s biggest crypto exchange to liquidate all extant positions by April 21. The regulatory body’s decision emerges in response to a meticulous examination of Binance’s operations.  ASIC has voiced apprehensions regarding the firm’s classification of retail and wholesale clients, which bears […]
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Japan’s FSA warns Bybit and other crypto exchanges of operating without license

Japan’s Financial Services Agency (FSA) has warned four cryptocurrency exchanges, including Bybit, of operating without a license. The other exchanges mentioned in the notice are MEXC Global, Bitforex, and Bitget. Bybit has received similar warnings, including one from Japan’s FSA in May 2021 and issues raised by the UK regulator around the same time. The […]
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