Twitter Awarded 3 State Money Transmitter Licenses
Twitter recently secured money transmitter licenses in Michigan, Missouri, and New Hampshire. The authorized licenses, which were issued between June 29 and July 3, 2023, show how committed Twitter is to adhering to these jurisdictions’ legal standards. The social media site wants to grow its offering of payment services. While the licenses in New Hampshire […]
A16z develops licenses for NFTs, based on Creative Commons model
Venture Capitalist firm Andreessen Horowitz (a16z) has developed six(6) licensing templates that give creators the power to set variables for their work’s future use. A16z, a venture capital firm, revealed on Wednesday that it had developed a set of six licenses specifically for nonfungible tokens (NFTs) based on the Creative Commons model. Similar to Creative […]
Binance receives approval to operate digital assets, custody services in Kazakhstan
Binance has received an in-principle license to operate as a digital asset service provider in Kazakhstan from the Astana Financial Services Authority, or AFSA, a nation’s independent financial authority. In a statement released on Monday, AFSA stated that it has given Binance preliminary authorization to operate as a digital asset trading facility and to offer […]
Cuba to issue license for virtual asset service providers (VASPs)
The central bank of Cuba has announced that it will start issuance of licenses to virtual assets service providers in the country, the license will be for anyone seeking to provide virtual assets-related services. The country’s national bank, Banco Central de Cuba (BCC), said on April 26 that it will issue licenses to virtual asset […]
Estonian regulator seeks to withdraw all licenses from crypto exchange
Estonian financial officials seek to withdraw all crypto exchange licenses in order to restart the entire regulatory environment from scratch, although, About 400 crypto businesses still hold licenses presently in the country. According to local state-run news source Eesti Ekspress, Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), the authorities should “set the […]