HashKey secures VASP license in Ireland under MiCA regulations
HashKey Europe has entered Ireland following its approval for a VASP license under MiCA regulations, enabling various crypto services. Go to Source
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Regulators Partner to Bolster UAE’s Crypto Hub Status
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated virtual assets sector in the UAE. Both regulators will work together to ensure … Read more
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtual … Read more
Taiwan Mobile receives VASP license, entry to crypto market
Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it. Go to Source
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 (self-hosted … Read more
