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Germany rejects Binance’s license application, according to Report.

According to a report published by the German magazine Finance Forward, the Federal Financial Supervisory Authority in Germany (BaFin) has rejected Binance's request for a license to provide cryptocurrency custody services. The report states that the digital asset exchange, Binance, will not be able...

Bybit platform has obtained the initial pilot license for virtual assets in Dubai

Bybit cryptocurrency trading platform continues its global expansion efforts with diligence. Its subsidiary company, Bybit FinTech FZE, has obtained the initial pilot license (MVP) from the Dubai Virtual Assets Authority (VARA) after more than a year of obtaining the temporary license. Despite the company's earlier...

Deutsche Bank applies for a license to offer Crypto Custody Service

Germany's largest bank, Deutsche Bank, has reportedly applied for regulatory approval from the Federal Financial Supervisory Authority (BaFin) to offer custody services for digital assets, including cryptocurrencies, according to Bloomberg. David Lynn, the head of Deutsche Bank's Corporate Bank division, expressed their intention to expand...

Mercado Bitcoin Receives License to Operate as a Payment Institution in Brazil

In a move that strengthens the position of cryptocurrencies in Brazil, Mercado Bitcoin, one of the leading cryptocurrency companies in the country, has obtained a license to operate as a payment institution from the Central Bank of Brazil. With this authorization, the company can now...

Coinbase Gets Bermuda License, Reportedly Plans Launch of Offshore Exchange

Coinbase, one of the world's largest digital currency trading platforms, has announced that it has obtained a license from the Bermuda Monetary Authority. This comes as part of the company's plans to launch an offshore exchange. According to reports, Coinbase is looking to launch an...