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Hashkey Capital’s Singapore unit secures a central bank license , enabling local fund management and fostering the integration of traditional and digital finance. Hashkey Capital’s Singapore subsidiary has achieved a significant milestone by securing a central bank license from the Monetary Authority of Singapore. The Capital Markets Services (CMS) license empowers Hashkey Capital Singapore to offer fund-management services within the country. We've secured the Capital Markets Services (CMS) license from @MAS_sg! As a license d fund management company (LFMC), this empowers us to provide regulated fund management services in the realm of capital markets products. @techinasia https://t.co/WIQQ31T99J pic.twitter.com/oFrd0QbNxI — HashKey Capital (@HashKey_Capital) December 19, 2023 You might also like: Hong Kong’s first licensed crypto exchange HashKey launches fund CEO Deng Chao expressed enthusiasm about contributing to the local blockchain communi...

The move follows the crypto exchange's successful VASP registration in Italy. Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain. According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto trading services to 27 European Union (EU) member states and European Economic Area (EEA) countries. Meanwhile, the VASP registration in Spain allows Kraken to offer exchange and wallet custodial services to Spanish residents. The firm is also registered as a VASP in Italy and Ireland. Kraken's vice president of global operations Curtis Ting commented: "We see a firm foundation for crypto in Europe, which has forward-looking regulation that enables us to grow with confidence." The platform currently supports over 200 trading pairs across six fiat currencies — the British pound, euro, U.S. dollar, ...

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20. Granted by the Arkansas Securities Department, the license officially enables Alchemy Pay to operate services like selling or issuing payment instruments, stored value, prepaid access, as well as receiving money , virtual currency, or monetary value for transmission. In receiving the Money Transmitter License, Alchemy Pay joins the ranks of many cryptocurrency firms that are authorized to provide crypto-to-fiat transactions in Arkansas, including Coinbase, Jack Dorsey’s Block, MoonPay, bitFlyer exchange and others. The license marks a significant milestone in Alchemy Pay’s efforts...

Dubai now offers web3 and artificial intelligence (AI) projects a 90% license-fee discount. The city of Dubai in the United Arab Emirates is offering a 90% subsidy on commercial licenses for artificial intelligence (AI) and web3 businesses. The tech hub called Dubai AI and Web 3.0 Campus announced the decision to attract companies to set up a base in the city.  The issuance of these licenses will be facilitated by the Dubai International Financial Centre (DIFC), a financial free zone within the city. Enterprises looking to take advantage of the subsidized commercial license s offer ed by Dubai’s AI and Web3 Campus must complete a sign-up form. You might also like: Binance secures Dubai’s MVP operational license Nomura’s Laser Digital secures license in Dubai Dubai’s efforts to foster growth in the technology sector extend beyond attracting talent. The city has also taken significant steps towards embracing the crypto industry by granting operational lice...