CoinDCX’s BitOasis receives full crypto license in Dubai
BitOasis received a full VASP license, marking the final step in its VARA licensing process and allowing it to offer a full range of crypto trading services. Source link
BlackRock receives Abu Dhabi commercial license after Saudi approval
BlackRock has received a license to operate in Abu Dhabi, further expanding its business into the Middle Eastern region after gaining approval from Saudi Arabia just last month. According to a Bloomberg report published on Nov. 18, the investment management company plans to apply to get regulatory approval to set up business in the Abu […]
Upbit license renewal on hold after authorities uncover 500k suspected KYC violations
South Korea’s Financial Intelligence Unit reportedly found 500,000 to 600,000 potential KYC violations on Upbit, the largest crypto exchange in the nation. KYC violations of this scale could lead to fines and possible license renewal issues. According to a report by local news agency Maeil Business Newspaper, South Korea’s Financial Intelligence Unit of the Financial […]
Binance entity HKVAEX withdraws Hong Kong license application post-deadline
Apart from HKVAEX, three more virtual asset trading platforms have previously withdrawn their operational license applications in 2024 from Hong Kong for reasons that were not made public. Source link
