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Licensing

Hong Kong Joins Global Race With New Stablecoin Licensing Bill

Hong Kong passed a stablecoin bill that will enable the region to establish a licensing regime for fiat-backed stablecoin issuers."Hong Kong’s stablecoins are backed...

Revolut Targets French Market With $1 Billion Investment Amid Licensing Push

Key Takeaways The initiative includes the creation of a dual-headquarters model, with Paris joining Vilnius, Lithuania, as one of Revolut’s core EU bases The company is...

Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies

The Cayman Islands, an autonomous British Overseas Territory in the Caribbean that has attracted many crypto firms over the past several years thanks to...

Ripple Secures Major Licensing Wins While XRP Price Battles Market Volatility Above $3

The licenses mark critical milestones in the company’s ongoing effort to establish a robust compliance framework while addressing mounting concerns over XRP’s decentralization. Strategic Regulatory...

Dubai’s VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

“The interest in the ecosystem suggests that in two or three years time there will be more people in suits at such events, executives...

Dubai’s VARA Fines Seven Crypto Firms for Licensing Violations

Key Takeaways The penalties imposed range between $13,600 and $27,200 per company. Marketing materials must now include prominent disclaimers, highlighting the risks associated with virtual asset...

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