Dubai Regulator Grants Bybit Provisional Crypto License
Bybit, the world’s second-largest crypto exchange by derivatives volume, has obtained a two-year provisional license in Dubai after establishing its headquarters in the city. An announcement shared with Cointelegraph indicates that the Virtual Asset Regulatory Authority (VARA) has granted a non-operational license to the centralized crypto exchange (CEX). According to Helen Liu, the chief operating […]
OKX bags Singapore crypto license
OKX has received an MPI license in Singapore, allowing it to offer cryptocurrency trading and cross-border transfers without volume limits. Having obtained a complete license in Singapore, the cryptocurrency exchange OKX is now able to offer cryptocurrency trading as well as transfers across international borders. The company also announced that it had hired a former […]
Hong Kong Extends Crypto License Deadline
HKDAEx, part of the Hong Kong Financial Asset Exchange Group, applied for the license on August 27. The Hong Kong Securities and Futures Commission (SFC) has granted Hong Kong Digital Asset Xchange (HKDAEx) a new license to operate as a digital asset exchange, even though the application deadline had already passed before May 31. The […]
Gemini Launches Services in France Following Regulatory Approval
Winklevoss twins launched the Gemini exchange, which has received a regulatory license to operate in France. According to CNBC reports, the Autorite des marches financiers (AMF) authorized the exchange today as a provider of virtual asset services. After completing the required preparation processes, the company hopes to fully operationalize its platform for French consumers in […]
Crypto Custodian Hex Trust Obtains Full Dubai Operating License
Institutional clients and investors in Dubai may now use the virtual asset custody services offered by Hong Kong-based institutional Bitcoin asset custodian Hex Trust. The company established up shop in Dubai in June 2022 and was granted a complete virtual asset service provider (VASP) license as of November 15 by the Dubai Virtual Asset Regulatory […]