1 / 1 Relevant items tagged with #RegulatoryApproval
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Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes
[Aug 13 5:30 PM] The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform…
Revolut secures UK banking license after three-year wait
[Jul 25 3:24 AM] Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market.
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
[Jul 10 9:10 AM] Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum…
Paxos gains approval for Singapore stablecoin launch with DBS partnership
[Jul 2 7:17 AM] Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
Nigerian Stablecoin Consortium Seeks Central Bank Approval After Making a U-Turn on Stablecoin Launch
[Jan 11 6:30 AM] The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February as previously advised. Instead, the consortium, which is comprised of banks and fintech startups, said it plans to launch the stablecoin only after…
Dutch exchange Bitvavo cleared to operate in France
[Nov 24, 2023 2:23 AM] The Dutch cryptocurrency exchange Bitvavo is slowly expanding its reach after gaining regulatory approval in Austria and France.
South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore
[Oct 18, 2023 5:30 AM] Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has…
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
[Aug 21, 2023 12:30 AM] In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the bank’s…
Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives
[Jun 7, 2023 1:00 AM] Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less…
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal
[Mar 18, 2023 2:30 PM] After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to…
UK's FCA hints at why its given only 15% of crypto firms the regulatory nod
[Jan 26, 2023 8:06 PM] The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland
[Dec 21, 2022 6:00 PM] Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank…