The Liechtenstein Financial Market Authority has rejected Binance’s application to become a shareholder of Union Bank.
USDC integration allows Bank Frick users to send and settle payments at a faster rate than the SWIFT network used by a majority of banks
Currently known as Bittrex International, the exchange is shutting down shop in Malta to relocate to the European microstate of Liechtenstein.
One of the smallest, but richest, nations in Europe is trying to promote blockchain technology through regulation.
Fintech startup Neufund is set to list the first retail offering on its platform after securing legal clearance from the Financial Monetary Authority in Liechtenstein.
Bittrex has started operation in Liechtenstein, chosing the country it for its strong regulatory body and financial history.
Liechtenstein has wanted to be a major hub for blockchain and cryptocurrency companies, just like it has been a target for financial companies.
Bank Frick is looking to be a European market leader with their new DLT Markets AG, a cross country crypto trading platform
Citizens of Liechtenstein will now be able to purchase cryptocurrencies at their post offices, as the company widens its embrace for digital currency.