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Category Crypto license

Transak Expands Stablecoin Payments with 6 New US State Licenses Amid Fragmented Rules

Transak Expands Stablecoin Payments with 6 New US State Licenses Amid Fragmented Rules

Transak has secured six new U.S. MTLs, bringing its total to 10 and supporting stablecoin transactions and fiat-to-crypto conversions. With 19 appl...
Crypto.com Wants a National Trust Bank License – What Would a Federal License Really Change?

Crypto.com Wants a National Trust Bank License – What Would a Federal License Really Change?

Crypto.com has pursued OCC approval that would bring its Trust and custody services under a National charter, aligning operations with bank supervi...
Opening Pandora’s Box: How Regulatory Crackdowns Are Changing Crypto Licensing

Opening Pandora’s Box: How Regulatory Crackdowns Are Changing Crypto Licensing

The world has now entered a new era of crypto regulation. Pandora’s box has been opened, with authorities now cracking down on crypto firms failing...
Sony Shocks Wall Street: Tech Giant Seeks U.S. Bank License to Issue Its Own Stablecoin

Sony Shocks Wall Street: Tech Giant Seeks U.S. Bank License to Issue Its Own Stablecoin

Sony has filed for a U.S. bank license through its subsidiary Connectia Trust to issue a dollar-backed stablecoin, joining major firms awaiting OCC...
Hungary Threatens 8 Years in Prison for Unauthorized Crypto Trading

Hungary Threatens 8 Years in Prison for Unauthorized Crypto Trading

Hungary’s new law has made trading crypto on unlicensed exchanges a felony and compell major fintech firms to freeze services for millions of users...