Category: licenses

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Estonia Issues Over 900 Licenses to Cryptocurrency Businesses

In less than a year since Estonia introduced licensing for companies operating in the cryptocurrency industry, the number of licenses issued has surpassed 900. Authorities in the Baltic country have adopted a rather progressive...

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Mauritius Regulator to Provide Licenses to Digital Asset Custodians

The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited...

Japan Introduces New Screening Requirements for Crypto Exchanges 0

Japan Introduces New Screening Requirements for Crypto Exchanges

Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures....

Philippines Building Crypto Valley of Asia 0

Philippines Building Crypto Valley of Asia

The Philippines government is building Crypto Valley of Asia, a cryptocurrency and fintech hub similar to the one in the canton of Zug, Switzerland. The estate will be built at the Cagayan Special Economic...

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Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan

The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy. A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related...

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Philippines’ Economic Zone Creating Crypto Regulations, Licensing 25 Exchanges

The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to 25. Other rules include the requirement for each crypto exchange...

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Japan to Finally Reject a Cryptocurrency Exchange

After approving 16 cryptocurrency exchanges, the Japanese financial regulator is reportedly set to reject a crypto exchange application for the first time. The applicant is an exchange which has been suspended twice from carrying out...