Plasma Launches Amsterdam Office with VASP License
@Plasma has secured a VASP license in Italy and opened an office in the Netherlands, preparing to launch a stablecoin neobank while attracting nearly $4 billion in deposits. #Update #Crypto $USDT
@Plasma has secured a VASP license in Italy and opened an office in the Netherlands, preparing to launch a stablecoin neobank while attracting nearly $4 billion in deposits. #Update #Crypto $USDT
@SonyBank’s subsidiary Connectia Trust has applied for a National Trust Charter in the U.S. to issue a stablecoin pegged to the dollar, amid opposition from the American Bankers Association. #Update #Crypto $USDC
@Bybit has secured the first Virtual Asset Platform Operator (VAPO) license in the UAE, enabling compliance with local regulations and expansion plans in Abu Dhabi. #Update #Crypto $BTC $ETH
Ghana’s Central Bank will regulate and license cryptocurrency platforms by September 2025, enabling tax collection and enhancing trade amid significant $3 billion in crypto trades from July 2023 to June 2024. #Update #Crypto $BTC
@Bybit secures MiCA license in Austria, opening Vienna HQ and planning to hire 100+ employees, enhancing EU presence and compliance. #Update #Crypto (+6) ↗
U.S. digital asset firms consider bank charters, driven by Trump administration’s favorable crypto stance, reports @WSJ. #Update #Crypto (+3) →
@Bitget secures a Virtual Asset Service Provider license in Bulgaria, enhancing its EU expansion strategy under MiCA regulations. #Update #Legal (+6) ↗ (Source: Hodl.Press)
Bitcoin.com: @Coinbase secures UK VASP registration, enhancing its position as the largest digital asset provider and accelerating global crypto and fiat service expansion. #Update #Crypto (+6) ↗
Hodl.Press: @krakenfx acquires a MiFID license via a Cypriot firm purchase, expanding EU operations to offer derivatives in select markets #Update #Legal (+6) ↗
@Ripple secures Money Transmitter Licenses in New York and Texas, enhancing its blockchain-powered payment solutions for institutional demand, marking a significant step in compliant real-time cross-border transactions. #Update #Legal $XRP (+7) ↗
@bitfinex has relocated its derivatives services to El Salvador, transitioning customers under Bitfinex Derivatives El Salvador S.A. de C.V. after obtaining a DASP license. Customers must agree to new terms. • #Update • #Crypto • @bitfinex • (+3) • →
The Nigerian Securities and Exchange Commission (SEC) warns that some virtual asset service provider (VASP) license applicants fail to meet regulatory standards, urging compliance to avoid rejection. • #Update • #Legal • @SECGov • (+3) • →
@bitfinex has secured a Digital Asset Service Provider license in El Salvador, enhancing its derivatives offerings in Latin America through Bitfinex Derivatives El Salvador S.A. de C.V., aligning with the country’s pro-crypto policies. • #Update • #Crypto • @bitfinex • (+4) • →
@HashkeyGroup secures VASP license from the Central Bank of Ireland, enabling legal crypto trading services in Europe through its division, Hashkey Europe, aligning with global expansion goals. • #Update • #Crypto • @HashkeyGroup • (+4) • ↗