Crypto News

Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’

Advertisement Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the “Amazon of banking.” Revolut to Offer Bank Accounts in Europe The London-based unicorn, which remains one of the hottest fintech startups in the […]

Crypto News

EOS Gambling dApp Receives Gaming License in Curaçao

Advertisement EOS Gambling dApp EOSBet has announced that Curacao’s online gambling industry regulator Curaçao eGaming has granted it a gaming license. In an announcement posted on its official blog, EOSBet revealed that the accreditation will enable it to offer all existing forms of interactive online gambling under the regulator’s Master Gambling License issued by Curaçao’s […]

Altcoins

Gibraltar Blockchain Exchange Granted License from Financial Regulator

Gibraltar Blockchain Exchange The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has announced that it has been granted a full license as a provider of distributed ledger technology (DLT) from the Gibraltar Financial Services Commission (GFSC). The company said that the license makes GSX the first stock exchange […]

Bitcoin

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. The release from the Department of Financial Services (DFS) details Superintendent Maria T. Vullo’s announcement that Coinsource’s application for the […]

Bitcoin

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). The company becomes the first to be authorized to provide full spectrum services to institutional investors regarding blockchain-based assets. FINMA Grants Crypto Fund Full Cryptocurrency Asset […]

Crypto News

Mongolia Issues First Digital Currency License under New Payment System Law

Advertisement Mongolia has taken a significant step forward toward bolstering its fintech sector, with the East Asian country’s central bank authorizing a local telecom operator to issue a digital currency under the country’s recently-passed national payment system bill. As first reported by state-owned news agency Montsame, the Bank of Mongolia on Friday issued its first-ever […]

Altcoins

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. Wirex mobile app Wirex is now pursuing similar accreditation in other countries and is the process of […]

Bitcoin

50 ICO Projects Show Interest in Thailand’s New Crypto License

No fewer than 50 enterprises have indicated an interest in obtaining ICO licenses in Thailand. This comes after the enactment of a framework for licensing several aspects of the cryptocurrency market in the country. Clear ICO Regulations Encouraging Interest from Companies According to the Thailand Securities and Exchange Commission (SEC), about 50 projects have expressed […]