Latest license News

Startup Revolut gains European banking license
Business 14 December 2018

Startup Revolut gains European banking license

UK-based fintech firm Revolut has been awarded a banking license in Lithuania, giving the firm access to provide current accounts and loan services across the EU from 2019.

NYDIG Execution picks up New York’s BitLicense
Business 16 November 2018

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.

Avoid unlicensed crypto exchanges, Thai SEC tells public
Business 15 November 2018

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.​

Mauritius launches new crypto custodian license
Business 8 November 2018

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.

‘Dubious’ crypto platform claims to be holding Malta license
Business 26 October 2018

‘Dubious’ crypto platform claims to be holding Malta license

The platform, called Primetradingbot, claimed to offer high-yield BTC investments, and appeared to be targeting unsophisticated investors who still believe the BTC coin has a future, according to the Malta Financial Services Authority.

Philippine economic zone sees strong demand for crypto licenses
Business 1 August 2018

Philippine economic zone sees strong demand for crypto licenses

CEZA, which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), expects to receive as much as $68 million in licensing revenue, with 17 firms already having paid in full to be licensed to operate cryptocurrency businesses there.