Licensing

Elrond Network Acquires Payments Firm Twispay, Wins E-Money License
Elrond said the approval to issue regulated e-money across Europe was granted by the National Bank of Romania.

Dubai Adopts Initial Crypto Law, Establishes Independent Authority for Oversight
"The future belongs to whoever designs it," tweeted Sheikh Mohammed bin Rashid Al Maktoum.

Binance Gains Bahrain Approval to Become Crypto Asset Service Provider, Registers in Canada
Bahrain’s “in principle” approval still requires the crypto exchange to complete the application process for a license from the central bank.

Gemini Looks to Replace APAC Head in Singapore After Jeremy Ng Departs
The crypto exchange’s former Asia-Pacific chief has left the company, two sources tell CoinDesk.

Estonia’s New Anti-Money Laundering Chief Wants Stricter Rules for Crypto Licenses
The head of the Estonian Financial Intelligence Unit even wants to revoke existing licenses, but the communications manager for the FIU said that the country would not pursue this action.

Independent Reserve Becomes First Australian Crypto Exchange Licensed in Singapore
The exchange says it has become one of the first VASPs to obtain full licensure approval under Singapore’s Payment Services Act.

Crypto.com Receives EMI License in Malta
The Hong Kong-based exchange said it is the first crypto platform to receive an EMI license from the Malta Financial Services Authority.

Iran Issues License for Nation's Biggest Bitcoin Mining Operation
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.

Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors.

Hong Kong's First Regulator-Approved Bitcoin Fund Targets $100M Raise
Hong Kong's Securities and Futures Commission has approved a bitcoin index fund from Arrano Capital, one aimed solely at institutional investors.

