License
Coinbase Acquiring Cyprus-based Entity To Expand Derivatives Offering In EU
Crypto exchange Coinbase revealed plans to offer crypto-linked derivatives in the European Union (EU) market. Coinbase said it has entered into an agreement to acquire the Cyprus-based entity, which holds a Markets in Financial Instruments Directive 2014 (MiFID II) license. The acquisition is subject to regulatory approval, and Coinbase expects the deal to close later […]
Crypto Custodian Hex Trust Secures Dubai VASP License
Hong Kong-based institutional crypto asset custodian Hex Trust has successfully obtained a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Nov.15. The approval allows Hex Trust to offer virtual asset custodial services to investors and institutional clients in Dubai. The company also received a Minimal […]
Binance Secures Licenses To Provide Crypto Services In El Salvador
The world’s largest crypto exchange by trading volume, Binance, has become El Salvador’s first licensed crypto platform after securing two licenses, according to an August 8 statement. Binance said El Salvador’s Central Bank (Banco Central de Reserva) granted a Bitcoin Services Provider License (BSP). In tandem, the National Commission of Digital Assets (Comisión Nacional de […]