Licenses

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
As many as 11 entities are applicants for a full license with the regulator.

Crypto-Friendly Revolut Finally Earns UK Banking License
Revolut has entered a "mobilization stage" designed for new banks to operate with restrictions.

Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific
The license permits the holder to provide trust and corporate services in the region.

Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
Hong Kong's push to be seen as a major crypto hub could come under scrutiny if several or some of the 18 applicants for a license don't move past this important deadline.

Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
ZIGChain's ecosystem fund is backed by DWF Labs.

South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.

Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.

Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.

