The new bill will prohibit the creation, trade or promotion of cryptocurrencies without a specific license. It should be emphasized that previously Egypt prohibited everything related to cryptography under Islamic law.
Shawki Allam, an Islamic jurist, issued the ban in early 2018 and declared that…
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Bitpanda gets new license for payment services
The firm that operates a retail digital currency brokerage platform said the new license will allow it to expand its business model and offer new payment solutions.
It should be noted that the license to Bitpanda Payments GmbH was granted…
Japan will launch a new cryptocurrency exchange in April
The regulatory authorities of the crypto market in Japan granted this week the license to operate as an exchange platform to the existing DeCurret. It is expected to start operations next 16 of April in partnership with Rakuten Wallet.
In…
Pennsylvania clarifies that crypto are not money
The Pennsylvania Department of Banking and Securities published a guide for digital currency businesses that operate in the state. The financial entity decided that a money transfer license is not required for operations related to…
Texas considers stablecoins as money
The Department of Banks of the State of Texas issued this January 4th a memorandum in which stablecoins are officially qualified as money. This indicates that its issuers now require a license to operate.
According to Charles Cooper,…
Google will operate as a fintech in Europe
A complete surprise is the recent move of Google towards the world of banking business. The Internet giant has just obtained a license from the government of Lithuania to operate as a European fintech.
This means that the US empire will…
Coincheck will be able to operate in Japan
Regulators in Japan seem willing to authorize Coincheck again to operate normally within the Asian country, after scandal that lived earlier this year.
In January 2018, one of the most important exchange houses in the world was the victim…
First licensed blockchain based casino is launched
EOSBet already has official certification from one of the oldest online gambling regulators in the world, Curaçao eGaming. It received a master betting license from the Ministry of Justice of the State.
The cryptocasino built on a third…
No license needed to mine cryptocurrencies in Ukraine
In a statement issued on Monday, June 25 by the State Service of Special Communication and Protection of Information of Ukraine, the authorities have indicated that they will not apply measures to regulate cryptocurrency mining.
The…
Cambodia will require a license for cryptocurrency operations
Investors in Cambodia, as well as anyone interested in making cryptocurrency transactions in the country, must have a license. This has been reported by the authorities, who warned that if they refuse to obtain permits, the activities will…