Crypto-friendly fintech Revolut gains full UK banking license
The move is a major step in Revolut’s goal to become a global digital bank. Services like crypto and stock trading remain separate.
Licensing
Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia’s Commodity Futures Trading Regulatory Agency, known as Bappebti.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues.
Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.
Crypto Exchange Crypto.com Secures Spot on Ireland’s Virtual Assets Service Provider Register
The company has also received approval in Dubai, U.K., the Netherlands and Spain.
Australian Regulator Scolded Over ‘Misleading’ Release, Must Pay Costs as Block Earner Avoids Penalty
Block Earner doesn’t need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.
Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange’s action follows that of Huobi Hong Kong and several other applicants earlier this month.
Binance Secures Full Virtual-Asset Services Provider License in Dubai
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.
Solana Gaming Project MixMob Bags Stormtrooper NFT Licensing Rights
MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.