licensing – DIGIT INFO

HKEX launches digital asset index as Hong Kong expands crypto licensing

DIGIT — Mon, 28 Oct 2024 14:18:50 +0000

The new index series from HKEX will offer a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and it aims to boost transparency in the digital asset market.

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Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval

DIGIT — Tue, 08 Oct 2024 03:30:03 +0000

Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first round of assessments already finished. SFC […]

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Bitget in ‘active discussions’ to receive licensing in India

DIGIT — Wed, 03 Jul 2024 09:08:06 +0000

Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.

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Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

DIGIT — Wed, 26 Jun 2024 19:45:34 +0000

Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts its operations within these states. Abra Reaches Settlement Over Unlicensed Operations, Agrees to Major Concessions According to a report from […]

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Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening

DIGIT — Tue, 30 May 2023 01:36:35 +0000

Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.

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Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says

DIGIT — Wed, 10 May 2023 08:49:59 +0000

Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms. Crypto Hub Hong Kong Has No Intentions to Adopt ‘Light-Touch’ Regulations Hong […]

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Breaking: Binance CEO CZ rejects allegations of market manipulation

DIGIT — Mon, 27 Mar 2023 23:00:31 +0000

The response comes in relation to a series of claims made by the CFTC in its March 27 complaint against Binance.

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Coinbase met with Australian banking regulators over local crypto regulations

DIGIT — Thu, 16 Mar 2023 06:05:41 +0000

Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts.

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France on the verge of passing stringent crypto firm licensing laws

DIGIT — Wed, 01 Mar 2023 02:01:29 +0000

The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.

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Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

DIGIT — Sat, 11 Feb 2023 03:30:03 +0000

A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew periodically. President Tokayev Sings Law Regulating Crypto Assets Mining and Exchange in […]

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