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Licensing
Hong Kong Proposes Rules for Crypto Trading Platforms
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements
A new set of rulebooks from the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.

UK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory Approval
The Financial Conduct Authority has faced criticism over its arduous registration regime, with some companies dropping out of the process altogether.

French Lawmakers Soften Stance on Compulsory Crypto Licenses
Crypto industry advocates had been concerned about tougher rules in the wake of the FTX collapse and as new EU legislation is readied.

Binance Wins Seventh Approval in Europe, Registers With Swedish Regulator
The registration in Sweden follows those in France, Italy, Lithuania, Spain, Cyprus and Poland.

Crypto Industry Hopes Turn to French Legislators as Regulators Back Mandatory License
A Senate proposal to anticipate EU rules has caused consternation in the industry – but the National Assembly may not swallow it whole.

Crypto.com Receives License as a Payment Institution in Brazil
The company is the first crypto exchange to become a licensed payments institution in the South American country.

Dutch Central Bank Says Crypto Exchange KuCoin Is Operating Without a License in Netherlands
De Nederlandsche Bank said KuCoin lacks a “legal registration” with the central bank.

Crypto Banking Platform BVNK Wins Registration in Spain
Registration as a virtual asset services provider with the Bank of Spain will allow BVNK to offer its services to corporates across the country.

Blockchain.com Wins Singapore License
The news means two exchanges in two days – Coinbase the other one – have received in-principle approval to operate in that country.
