Global #approval

The recent approval by the SEC to allow options trading on Bitcoin ETFs has sent ripples through the cryptocurrency landscape.

Crypto-native financial services firm JST Digital has announced that its Singapore arm has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth.

Binance and KuCoin, two offshore cryptocurrency entities, have received approval from India's anti-money laundering unit after being banned for operating illegally.

QCP Capital, a leading cryptocurrency options trading platform, has obtained initial regulatory approval to operate in Abu Dhabi, marking its expansion into the region.