Business 2 weeks ago

Crypto investments turn Philippine economic zone around

The Cagayan Economic Zone Authority (CEZA) in the Philippines has reported a revenue of PHP521 million ($9.9 million) from January to September 2018, a 132% increase from the corresponding period last year. Much of the ...

Business 4 weeks ago

NYDIG Execution picks up New York’s BitLicense

The New York State Department of Financial Services (DFS) has approved New York Digital Investment Group (NYDIG) Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license. The ...

Business 4 weeks ago

Avoid unlicensed crypto exchanges, Thai SEC tells public

The chief financial regulator of Thailand has warned investors to avoid the unregulated Q Exchange, following an order issued to the firm to stop advertising on account of a lack of a sufficient license. The ...

Business 1 month ago

Mauritius launches new crypto custodian license

Authorities in Mauritius have set out plans for a new cryptocurrency custodian license, as part of new laws aimed at the emerging blockchain and cryptocurrency sectors. The Financial Services Commission, Mauritius chief financial regulator, set ...

Business 2 months ago

‘Dubious’ crypto platform claims to be holding Malta license

Malta’s financial watchdog has issued a warning to investors after it uncovered a cryptocurrency trading platform falsely claiming to be licensed in the jurisdiction, the latest BTC scam of its kind to target unsuspecting investors. ...

Business 2 months ago

19 crypto exchanges secure provisional license in Philippines’ economic zone

The number of companies that have been granted provisional licenses by the Cagayan Economic Zone Authority (CEZA), which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), has jumped to 19. Last week, CEZA published ...

Business 2 months ago

Gibraltar licenses first crypto exchange—Coinfloor

UK’s first cryptocurrency exchange, Coinfloor, adds another feather to its cap—it’s become the first crypto exchange to be licensed by Gibraltar’s groundbreaking blockchain legislation. According to a report in the Financial Times, Coinfloor will be ...

Business 2 months ago

FINMA issues landmark Swiss license for crypto asset management

Switzerland’s financial services regulator has issued its first license for cryptocurrency asset management, after greenlighting an application from a domestic cryptocurrency investment fund. The Swiss Financial Market Supervisory Authority granted licensing approval to Crypto Fund, ...

Business 4 months ago

Philippine economic zone sees strong demand for crypto licenses

The Cagayan Economic Zone Authority (CEZA) has welcomed strong demand for its cryptocurrency licenses, particularly from international operators in a way that has “surpassed all our expectations,” according to the group’s administrator. CEZA, which operates ...

Business 5 months ago

3 crypto startups score landmark CEZA licenses in the Philippines

The Cagayan Economic Zone Authority (CEZA), which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), has granted provisional licenses to three cryptocurrency exchanges—in a move that is expected to lead to investment of up ...

Business 6 months ago

Coin Metro secures wallet, exchange licenses in Estonia

Estonian authorities recently granted cryptocurrency trading platform Coin Metro licenses to offer wallets and exchange services in the country. Estonia is one of the European countries on a steady adoption of cryptocurrencies. The newly issued ...

Business 6 months ago

Goldman Sachs-backed Circle sets sights on US banking license

Cryptocurrency wallet service and investment startup Circle has announced it is seeking a U.S. banking license, at the same time as the firm is looking to register with the U.S. Securities and Exchange Commission (SEC). ...