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Maritus Regulators to Equip Crypto Businesses with Custodial Licenses
Due to the inadequacies of the previously laid down guidelines for its blockchain and cryptocurrency industry, the Financial Services Commission (FSC), Mauritius’ financial watchdog, has drafted new regulations to cover its DLT ecosystem and crypto-based businesses are now required to obtain a custodial license for cryptoassets, reported Finance Magnates on November 6, 2018. дальше »
2018-11-8 06:00 | |
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Bitcoin ATM Provider Coinsource Secures BitLicense Approval In New York
You have not heard of Coinsource before, but the company has certainly got our attention lately. We reported last week that the company was able to get a BitLicense, the Holy Grail of all licenses, which is how the license from the New York State Department of Financial Services is called. This license is very […] дальше »
2018-11-6 05:12 | |
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The new space race is all about satellites: Pros and cons of each orbit
For most people, satellites probably bring to mind things like weather forecasts, GPS, or satellite TV broadcasting. Other common satellite applications, such as extending cellular coverage, connecting ATM machines, and restoring communications infrastructure quickly, among others, often go unnoticed since they’re not visible to users. дальше »
2018-11-3 13:30 | |
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BABB Releases Monthly Roundup for October, Talks About Updated Roadmap and Lithuanian Banking License
The London-based company BABB is making strides into the mobile banking world with its secure and cost-effective services. In the latest post on its blog, published on Thursday, November 1, the company talked about its achievements and milestones in the month of October. дальше »
2018-11-3 07:04 | |
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Coinsource, Inc. Granted Virtual Currency License by New York Regulators
Coinsource, Inc. , a leading bitcoin teller machine (BTM) operator, has become the first of such firms in the world to be granted the infamous New York BitLicense, according to a press release by the New York State Department of Financial Services (DFS) on November 1, 2018. дальше »
2018-11-3 06:00 | |
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Digital Asset ATM Provider Coinsource Acquires Bitlicense
Coinsource announced on Thursday that it has become the first digital asset ATM provider to be granted a Bitlicense in the state of New York. The company joins 12 other organizations that have already received the license for virtual currency businesses from the New York Department of Financial Services (NYDFS). дальше »
2018-11-2 12:00 | |
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New York State Extends ‘Virtual Currency License’ to Coinsource
A November 1st press release from New York State’s Department of Financial Services shows that the dept. granted a virtual currency license to Coinsource. The press release says the move hopes to encourage regulatory risk-based standards. дальше »
2018-11-2 04:33 | |
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New York Grants First BitLicense to Bitcoin ATM Company
Bitcoin ATM operator, Coinsource, recently received approval for a digital currency license from the New York Regulator. Bitcoin ATM Firm Receives Virtual Currency License in New York Coinsourse achieved a milestone today, as it became the first Bitcoin ATM operator to receive a digital currency license from the Department of Financial Services (DFS). дальше »
2018-11-2 22:35 | |
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Coinsource Receives BitLicense to Operate Bitcoin ATMs in New York
Bitcoin ATM Operator Coinsource has been granted a BitLicense by the New York Department of Financial Services (NYDFS). Based in Texas, Coinsource deploys Bitcoin ATMs to key population centers across the world with over 200 machines installed in the U. дальше »
2018-11-1 19:11 | |
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NYDFS Approves Coinbase as a Regulated Crypto Custodian Service, Including for XRP
Coinbase Custody, the institutional arm of Coinbase, announced on Oct. 23 that it had obtained a license from the New York Department of Financial Services (NYDFS) to operate as an independent qualified custodian for digital currencies. дальше »
2018-10-25 15:59 | |
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Coinbase Custody receives a license from New York regulator to offer crypto custody services
On October 23, a crypto company Coinbase announced that Coinbase Custody had obtained a license under New York State Banking Law to operate as an independent Qualified Custodian. Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS). дальше »
2018-10-25 13:08 | |
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Coinbase Custody Wins NYDFS License, Now Offers Services for Top Six Cryptos Including XRP
According to the official announcement, Coinbase will offer custody service for XRP which has raised doubts whether the exchange is planning for a possible listing of the coin. The post Coinbase Custody Wins NYDFS License, Now Offers Services for Top Six Cryptos Including XRP appeared first on CoinSpeaker. дальше »
2018-10-24 11:01 | |
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Coinbase Custody Receives License from NYDFS, Coinbase Exchange Lists USDC Stablecoin
Coinbase Custody has acquired a license under New York State Banking Law to operate as an independent Qualified Custodian. “Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS),” reads Coinbase’s latest blog post. дальше »
2018-10-24 04:42 | |
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Regulators Approve Coinbase to Offer Custody Services in New York State
Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »
2018-10-24 00:55 | |
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UK Crypto Exchange Coinfloor First to Receive Gibraltar Blockchain License
Cryptocurrency exchange Coinfloor has received a blockchain license from the strictly regulated Gibraltar Financial Services Commission (GFSC), and is the first crypto exchange to do so since the Gibraltar government instituted its blockchain regulatory laws, according to Finance Magnates. дальше »
2018-10-18 22:00 | |
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Bithumb and ONEROOT Partner on ‘Rocket Plan’ to Develop Decentralized Exchange Using R1 Protocol
ONEROOT announced the release of their “Rocket Plan” officially joining the world market and the 2. 0 era. ONEROOT also acquired the first digital currency Financial Services License given by the government of Canada. дальше »
2018-10-11 00:21 | |
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Despite Japanese Crypto Crackdown Coinbase Certain to Get Operating License in the Country
The famed U. S. -based cryptocurrency exchange is seeking a legal approval for its services from Japanese authorities praising relatively hush industry oversight for highly secure business environment. дальше »
2018-10-10 21:41 | |
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In Switzerland, Crypto Finance AG Obtains First Ever Cryptocurrency Asset Management License
In what is a first for Switzerland, Crypto Fund, a subsidiary of Crypto Finance AG, recently obtained a cryptocurrency asset management from the country’s Financial Market Supervisory Authority (FINMA). дальше »
2018-10-10 16:00 | |
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Coinbase confident Japan will let it sell cryptocurrency by 2019
Japan’s tough stance on cryptocurrencies may be a mood killer for most businesses, but Coinbase is loving it. In fact, the company believes the increased scrutiny in the country gives Coinbase an advantage over other cryptocurrency businesses. дальше »
2018-10-10 14:03 | |
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Bitcoin Foundation Challenges “French BitLicense” Proposed in PACTE Bill
On September 23, 2018, the Bitcoin Foundation sent a letter to the French Parliament asking that they reject a new crypto asset amendment being proposed in the PACTE Bill, which deals with the growth and transformation of France’s businesses and the country’s employee savings. дальше »
2018-10-4 22:10 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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Swiss Startup SEBA Raises Over $100 Million to Launch Cryptocurrency Bank
Swiss startup SEBA Crypto AG has raised 100 million Swiss francs (~$103 million) to launch a bank specializing in offering cryptocurrency services to companies and investors, Reuters reports. дальше »
2018-9-27 12:26 | |
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Tech Bureau’s Zaif Issued A Hard Warning By Japan’s Financial Services Agency
Tech Bureau, the company behind recently hacked cryptocurrency exchange Zaif have been issued a third (and probably final) warning by the Japanese Financial Services Agency (FSA). The warning has come in the form of a Business Improvement Order, one that stipulates certain improvements that must be made to a financial based business otherwise they risk having their license to trade revoked. дальше »
2018-9-25 21:30 | |
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U.S. Congressman Drafts Blockchain Development Bills
The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. дальше »
2018-9-22 18:10 | |
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Newest Crypto Exchange Offers Multiple Currencies Via One Book
The crypto world is welcoming its newest digital currency exchange. Known as BTSE, it’s a platform designed primarily to look after markets and OTC trading. The system is unique in the sense that it offers multiple currencies through one book, and entities like the U. дальше »
2018-9-21 00:05 | |
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“Someone’s Got to Be the Voice of Reason” — Kraken Responds to NY AG Report
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does not appreciate what it sees as implications of illegality. дальше »
2018-9-21 18:10 | |
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Japanese FSA Is Gearing Up for the Crypto Exchange License Storm
Japan is a crypto-friendly country. While other countries are trying to understand the scope of cryptocurrencies, Japan had already made way for institutional blockchain development and shown interest in crypto assets. дальше »
2018-9-16 15:59 | |
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Japan’s FSA to Add to Crypto Team for Exchange License Reviews
The Japanese financial regulatory body is contemplating an expansion of its team focused on cryptocurrency and related activities. Observing the growing interest of Japanese companies in establishing a digital currency exchange, The Financial Services Agency (FSA) is set to bring more breadth to its team in 2019, per a Reuters report dated September 12, 2018. дальше »
2018-9-15 19:30 | |
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Huobi Enters Japanese Market With BitTrade Acquisition
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. дальше »
2018-9-14 22:25 | |
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Blockchain Company In Switzerland Seeks Banking License In 2019
Smart Valor, a blockchain company in Switzerland has recently been given the approval from the country’s regulators to function in the local financial market. Instead of the Financial Market Supervisory Authority (FINMA) regulating the Swiss blockchain company, they will instead be regulated by the local Financial Services Standards Association (VQF). дальше »
2018-9-6 12:30 | |
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Crypto Startup Wirex Granted UK E-Money License; Plans Asia, N America Expansion
Wirex Ltd. , a cryptocurrency services provider, has been granted an e-money license by the UK’s Financial Conduct Authority (FCA), opening up a much broader market and allowing the company to offer services supporting over 25 different sovereign currencies. дальше »
2018-8-24 19:53 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion
On 16th August 2018, Bibox, a leading AI-enhanced digital asset trading platform, announced its acquisition of Chain Capital that owns Swiss VQF license. VQF itself is the largest cross-industry Self-Regulatory Organization (SRO) with the longest history that meets the standards established by the Financial Services Standards Association (FINMA). дальше »
2018-8-16 12:30 | |
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Coinbase re-unites with Wyoming after 3 years
Coinbase, one of the biggest cryptocurrency exchanges around the world, has announced that they have renewed their license to provide services in Wyoming, the U. S. The exchange platform will be providing services in the state after 3 years. дальше »
2018-8-7 02:55 | |
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Coinbase Renews Money Transmitter License in Wyoming, Reopens Services in State
Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. дальше »
2018-8-7 23:08 | |
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Coinbase Renews Money Transmitting License for Wyoming Consumers
Coinbase Renews Money Transmitting License for Wyoming, Bringing Back Their Digital Products Fairly recently, Coinbase fell short on their license to participate in the cryptocurrency industry in Wyoming specifically. дальше »
2018-8-4 10:29 | |
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Largest Movie Theater Chain in Thailand to Accept Bitcoin
Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. дальше »
2018-7-31 05:57 | |
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New York Issues Crypto BitLicense To BitPay
The blockchain payments processor BitPay has been given permission to operate in New York by the state’s financial authorities. BitPay announced on Monday they had been granted a virtual currency license, or ‘BitLicense’, by the New York State Department of Financial Services (DFS). дальше »
2018-7-17 21:44 | |
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New York State Department of Financial Services Grants Virtual Currency License to BitPay
Global blockchain payments provider BitPay has announced it has been granted a virtual currency license from the New York State Department of Financial Services. The license will allow BitPay to provide services to companies and customers based in New York. дальше »
2018-7-17 14:21 | |
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Binance Backs Maltese Banking Services Provider Founders Bank
Binance, one of the world’s largest cryptocurrency exchanges, has invested in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses, the company announced on Thursday. дальше »
2018-7-13 20:19 | |
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CORRECTED- Binance Backs Maltese Banking Services Provider Founders Bank
Binance, one of the world’s largest cryptocurrency exchanges, has invested in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses, the company announced on Thursday. дальше »
2018-7-18 20:19 | |
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SolarisBank Extends its Retail Banking Services to Cryptocurrency Firms
Financial institutions around the world have shown an appetite for cryptocurrency services, though launching those features has been delayed somewhat. SolarisBank, one of Germany’s fintech firms with a banking license, is planning to introduce cryptocurrency banking solutions. дальше »
2018-7-11 19:00 | |
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Access to Banking Services is being considered by Switzerland for Crypto Businesses
Economy & Regulation Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Also read: Swiss Crypto Company Acquires License to Distribute Funds to Investors Banks Expected to Offer Services by the End of the Year In terms of crypto development, Switzerland is now standing at a crossroad. дальше »
2018-7-6 08:31 | |
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