Huobi Group obtains license to operate in the British Virgin Islands LeapRate

September 11, 2022 BY Steffy Bogdanova

Huobi Group obtains license to operate in the British Virgin Islands

Huobi Group CFO Lily Zhang commented: This landmark approval makes Huobi the first licensed digital asset exchange for institutional-grade derivative products in the British Virgin Islands. It is a testament to our experience, professional knowledge, and track record in the global cryptocurrency industry. CFO Zhang added: We see a huge market opportunity in cryptocurrency derivatives,…

August 23, 2022 BY Steffy Bogdanova

Crypto.com announces completion of SOC 2 Type II Compliance audit

Jason Lau, Chief Information Security Officer of Crypto.com, said: Achieving SOC 2 Type II certification is yet another step in reinforcing Crypto.com’s continuous commitment to security and data privacy by design. With the ever-evolving threat landscape, we will continue to ensure we maintain the highest level of security and data privacy so our customers can…

August 22, 2022 BY Steffy Bogdanova

Ripple introduces RippleNet’s ODL in Brazil

By using ODL, Travelex will deliver near instant settlement and constant access to liquidity, allowing its customers to better grow and scale their business. Travelex will support payments between Mexico and Brazil at launch, however the company revealed plans to support more corridors and use cases, including internal treasury and bulk small and medium-sized enterprises…

August 17, 2022 BY Steffy Bogdanova

Paysafe gains registration as a VASP in Italy

The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…

UK FCA grants regulatory approval to Crypto.com

August 17, 2022 BY Steffy Bogdanova

Crypto.com secures regulatory approval from UK FCA

Earlier in March, Crypto.com made several senior hires in the UK. The company appointed a UK General Manager and a Global Head of Sustainability and ESG. In recent years, the UK has been a promising market for cryptocurrency with a 650% increase in adoption from 2018 to 2021, according to research by BanklessTimes. Crypto.com continues…

August 16, 2022 BY Steffy Bogdanova

Revolut gains CySEC approval to offer crypto services in Europe

Revolut applied for authorisation in Cyprus to ensure it is under European regulations before the enforcement of EU's Markets in Crypto-Assets regulation (MiCA). MiCA aims to provide customer protection and fight scams, money laundering and other financial crime in the crypto world. The digital bank has also applied for registration in the UK with the…

Binance secures in-principle approval in Kazakhstan

August 15, 2022 BY Steffy Bogdanova

AFSA grants Binance in-principle approval to operate in Kazakhstan

Gleb Kostarev, Regional Head of Asia at Binance, said: This is a landmark achievement for Binance in Kazakhstan. We are grateful to the Astana International Financial Centre for their support and vision in granting Binance Kazakhstan this in-principle license approval. The independent regulator AFSA regulates activities relating to digital assets in Kazakhstan and the wider…

August 12, 2022 BY Steffy Bogdanova

Crypto.com obtains regulatory approval in the Cayman Islands

With the latest authorisation, Crypto.com continues its global expansion. This announcement follows the crypto platform obtaining regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), the in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore, provisional approval of its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority,…

August 11, 2022 BY Steffy Bogdanova

UNI.Global introduces its mobile app

Uni Card Furthermore, UNI.Global also introduced Uni Card allowing users to freely switch between more than 5 fiat currencies to pay for merchants locally as well as abroad. UNI.Global highlighted UNi Card’s zero annual fees and the lack of foreign exchange transaction fees as its best features. UNi Card also offers four types of memberships…

August 10, 2022 BY Steffy Bogdanova

Swissquote sees a 23% dip in H1 operating revenue

In the official press release Swissquote stated: Despite an environment that was more challenging than initially expected, Swissquote continued to grow its overall customer base in the first half of 2022. The opening of around 34,200 new client accounts (of which some 8,000 non-organic) stands out as a positive development. The new ac-counts resulted in…

Tag: Crypto