South Africa’s Financial Sector Conduct Authority (FSCA) confirmed Monday that it has, to date, granted crypto license to 75 institutions. The confirmation from the regulator follows several crypto businesses claiming to be the first and only entity to receive license. The jurisdiction issues crypto asset service providers (CASPs) license under the Financial Advisory and Intermediary…
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Spain’s financial regulator has issued warnings to investors regarding 18 companies offering services in the country despite facing registration issues. The National Securities Markets Commission (CNMV) published a list of 18 financial firms operating without the regulatory nod on Feb 26. The list, which is comprised of several traditional finance firms, includes three cryptocurrency companies:…
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ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely. The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary. On July 19, the Australian Securities and Investments Commission announced the cancellation, which took effect July 14.…
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BitOasis was the first crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time. Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority. On July…
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It’s reported the U.S.-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation. United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it’s reportedly set to launch a derivatives exchange based there as soon as next week. According to an April 19 blog post,…
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