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Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain

Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain

Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX’s Wholly-Owned Subsidiary Has Successfully Obtained a TCSP License

GlobalSTOX Limited (“GSL”) is pleased to announce that its wholly-owned subsidiary, HKSTOX Finance Limited, has successfully obtained a Trust or Company Service Provider License (“TCSP License”) on 29 April 2020. The TCSP license number is TC007109.

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

Credit Giant MasterCard Grants Wirex First Principal Membership License

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Avo Receives First Virtual General Insurer License in Hong Kong

Avo Receives First Virtual General Insurer License in Hong Kong

Hong Kong’s Insurance Authority (IA) announced on Tuesday that it has granted the first authorization for virtual general insurance under Fast Track. The license was granted to Avo, a local insurtech company providing products like health and travel insurance.

FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License

FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License

The Financial Industry Regulatory Authority (FINRA) awarded Harbor Square Investments a broker-dealer license. Harbor Square Investments is a subsidiary of tokenized securities platform-Harbor.

Hong Kong SFC Agrees in Principle to License Fidelity Backed OSL Crypto Firm

Hong Kong SFC Agrees in Principle to License Fidelity Backed OSL Crypto Firm

Hong Kong’s Securities and Futures Commission (SFC) has agreed in principle to license the cryptocurrency firm OSL Digital Securities.

Binance Reaching a Larger User Base by Applying for Singapore’s New Crypto License

Binance Reaching a Larger User Base by Applying for Singapore’s New Crypto License

Crypto exchange Binance has applied for a license in Singapore under the country’s Payment Services Act, a new framework that came into effect on Jan. 28.

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.

Coinbase Secures an E-Money License From the Central Bank of Ireland

Coinbase Secures an E-Money License From the Central Bank of Ireland

The US-based cryptocurrency exchange, Coinbase, has just been granted an e-money license in Ireland by the Central Bank of Ireland as it continues its expansion into Europe.

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?

Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.

eToro Plans to Launch Debit Card in UK Ahead of Robinhood

eToro Plans to Launch Debit Card in UK Ahead of Robinhood

As US-based investment app Robinhood delays its launch in UK indefinitely, eToro has revealed that it is planning to launch its debit cards for UK customers.

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

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