Coinbase Gains Licence to Operate as Virtual Asset Services Provider in France

US-based crypto exchange Coinbase has successfully acquired a licence to operate as a virtual asset service provider (VASP) in France. This also means that Coinbase is now a registered entity with Autorité des marchés financiers (AMF), the French financial markets authority. While Binance has amassed approval internationally outside the US, Coinbase appears to be following … Read more

India’s Self Custodial Okto Wallet Acquires Licence in Ras Al Khaimah as Part of UAE Expansion

Okto, the self-custodial crypto wallet developed by Indian crypto exchange CoinDCX, has secured a business licence in UAE’s Ras Al Khaimah (RAK) city. This marks a pivotal milestone in Okto’s plans for expansion in international markets, starting with the UAE, the company said on Tuesday. The reason why this licence is important is because RAK … Read more

UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions

As the UK aims to position itself as a leading hub for Web3 innovation, financial authorities are stepping up efforts to safeguard the crypto sector’s stability and security. A recent report from the UK’s Financial Conduct Authority (FCA) revealed that 90 percent of recent crypto firm registration applications have been rejected. Key reasons for these … Read more

Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU’s AMLD5

HashKey Europe, the subsidiary of Hong Kong-based HaskhKey crypto exchange, has secured an operational licence in Ireland. The Central Bank of Ireland has granted a Virtual Asset Service Provider (VASP) licence to the exchange, which grants the firm permission to offer a variety of crypto-related services in the country. Ireland is one of many EU … Read more

Kraken Obtains MiFID Licence to Launch Crypto Derivatives Trading in the EU

Kraken has acquired a licence that allows the crypto exchange to offer services like derivatives trading to advanced traders in the EU. This week, Kraken announced that it has secured a Markets in Financial Instruments Directive (MiFID) licence in the EU. With this, the exchange plans to expand its service portfolio across all EU member … Read more

Coinbase Acquires UK FCA’s VASP Licence to Offer ‘Better’ Suite of Crypto Services

Coinbase has received approval to operate as a regulated crypto exchange in the UK. The country’s Financial Conduct Authority (FCA) has granted the firm a Virtual Asset Service Provider (VASP) licence. The US-based exchange announced the development on Monday, stating that it would be able to offer additional services in the UK. As the country … Read more

Arm to Scrap Qualcomm Chip Design Licence in Feud Escalation

Arm Holdings is canceling a license that allowed longtime partner Qualcomm to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.Arm, based in the UK, has given Qualcomm a mandated 60-day notice of the cancellation of their so-called architectural license agreement, according to a document seen by Bloomberg. The … Read more

Ripple Secures DFSA Licence to Offer Crypto Services to UAE Businesses, Financial Institutions

Ripple has obtained a licence from the Dubai Financial Services Authority (DFSA), becoming the first blockchain payments provider authorized to operate in the Dubai International Financial Centre (DIFC). On March 13, the US-based company announced that businesses in the UAE can now leverage its services for crypto payment solutions. In the coming months, UAE-based financial … Read more