Coinbase Secures Major Payment Institution License in Singapore for Crypto Services Expansion
Coinbase, the U.S.-based cryptocurrency exchange, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This significant regulatory approval allows Coinbase to expand its digital payment token services to individuals and institutions in Singapore. The ...
US Lawmakers Probe Prometheum’s Broker-Dealer License: SEC and FINRA Under Scrutiny
US lawmakers want to know under what circumstances Prometheum obtained its broker-dealer license. Congressman Patrick McHenry and more than 20 Republicans sent letters to the SEC and FINRA. Republicans are asking for documents on Prom ...
Bybit Exchange Receives Preliminary Approval for Cryptocurrency Storage Services in Kazakhstan
The Bybit exchange received preliminary approval from regulators in Kazakhstan to register as a provider of cryptocurrency storage services for citizens of the country. On Monday, May 29, the Astana Financial Services Authority (AFSA) pre-approved the platform. Now cry ...
Investment Firms 21Shares and Ark Investment Make Third Attempt to Launch Bitcoin ETF
This is their third attempt to get regulatory approval Companies want to take advantage of market growth Investment firms 21Shares and Ark Investment have filed their third bid to launch a bitcoin spot exchange-traded fund (ETF). Co-founder and head of 21Shares R ...