license

Singapore grants payment institution license to Blockchain.com

The exchange received in-principal license from Singapore’s regulator last year. Blockchain.com has now become the twelfth digital token service provider in Singapore. Singapore’s central bank has granted a major payment institution (MPI) license to the crypto platform Blockchain.com, the company announced on 7 August. The license authorizes the exchange to offer virtual payment token services …

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Dubai grants operational license to Binance — a first for a crypto exchange

Binance would initially provide services to institutional and qualified retail investors in Dubai. CEO Changpeng Zhao considers Dubai to be a “crypto hub.” Dubai granted an operational license to the world’s leading crypto exchange Binance [BNB], the platform announced on 31 July. It was the only exchange to secure this license from authorities in Dubai. …

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Australian regulator cancels license of FTX’s local entity

The regulator will allow FTX Australia to provide limited financial services until 12 July 2024. The Australian unit of FTX had around 30,000 retail customers when it collapsed in November last year. The Australian financial services regulator has cancelled the license of FTX Australia, the local unit of the bankrupt crypto exchange. The Australian Securities …

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