Licensing

Licensing

Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan

Nathan DiCamilloMay 1, 2020

While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors.

Hong Kong

Hong Kong’s First Regulator-Approved Bitcoin Fund Targets $100M Raise

Sebastian SinclairApr 20, 2020

Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors.

Mining

Iran Issues License for Nation’s Biggest Bitcoin Mining Operation

Sebastian SinclairMay 5, 2020

A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.

Binance

Binance CEO Says Crypto Exchange Has Applied for a Singapore License

Daniel PalmerFeb 17, 2020

The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore.

Payments

UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License

Daniel PalmerJan 29, 2020

A company that provides payment services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a license by the U.K.'s Financial Conduct Authority (FCA).

Licensing

Mining

Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report

Paddy Baker

Iran's Ministry of Industries, Mining and Trade has issued more than 1,000 permits to cryptocurrency miners under new licensing requirements.

Investment

Investment App Robinhood Wins License to Operate in UK

Daniel Palmer

Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

Exchanges

Crypto Exchange CEX.IO Expands US Service to Cover 31 States

Daniel Palmer

The exchange now operates in 31 U.S. states and the District of Columbia after obtaining licenses in seven new jurisdictions.

Pakistan

Pakistan Introducing Regulations, Licensing Scheme for Crypto Firms

Yogita Khatri

The government of Pakistan is putting in place regulations that will see digital currency firms licensed to combat illicit uses of the technology.

Exchanges

E-Commerce Giant Rakuten Wins License for New Crypto Exchange

Yogita Khatri

Japan's Financial Service Agency has licensed a cryptocurrency exchange being rebranded and relaunched by internet giant Rakuten.

Regulation

Pennsylvania Clarifies That Crypto Exchanges Are Not Money Transmitters

Yogita Khatri

Pennsylvania's government has clarified that crypto exchanges and providers do not require a money transmission license to operate.

Netherlands

Dutch Financial Authorities Plan Licensing Scheme for Crypto Exchanges

Yogita Khatri

Financial authorities in the Netherlands plan a licensing scheme for crypto exchanges and wallet providers to lower the risk of financial crimes.