license

Binance has submitted a cryptocurrency service provider license application to the Central Bank of Brazil through its local entity BBrasil, in order to maintain its operations in one of the largest cryptocurrency markets in Latin America before the regulatory deadline of October 30. The application was submitted on October 23, and the company stated that this will allow Brazilian users to continue accessing cryptocurrency assets, stablecoin trading, payment, and investment services.Meanwhile, Binance announced that changes for Brazilian users will take effect on Tuesday, including restrictions on crypto lending, margin trading, and other services, and will delist 22 cryptocurrency assets in the country. Thiago Sarandy, General Manager of Binance Brazil, stated that the company supports the consideration of regulated markets for virtual asset characteristics and hopes that ongoing dialogue with the Central Bank of Brazil will enable it to offer other products that were suspended to comply with current regulations in the near future.According to the regulations of the Central Bank of Brazil, existing cryptocurrency service providers must submit authorization applications by October 30 to continue operating under transitional arrangements. However, submitting an application does not equate to obtaining regulatory approval; Binance still needs to wait for the official review results from the Central Bank of Brazil to determine whether its local business can operate in full compliance.

Hyperliquid posted on platform X that HIP-3 will support optional configurations for licensed markets in future network upgrades, with related additional features collectively referred to as HIP-3*. The core feature is an on-chain allowlist managed by the deployer or its sub-deployers. This feature is an optional addition to HIP-3, and whether to enable it is decided by the deployer; existing markets are not affected. The first version has been launched on the testnet, and the related specifications are still in preliminary version.Hyperliquid also stated that Kraken's parent company Payward plans to become the first deployer of HIP-3* markets regulated by the CFTC, utilizing Hyperliquid to deploy perpetual contract markets for U.S. customers. Upon regulatory approval, Payward's CFTC-regulated Bitnomial will serve as the deployer, responsible for creating and managing the market and clearing settlement contracts, while NinjaTrader Clearing will handle customer accounts.

According to Crowdfund Insider, Lyn I. Javier, the Deputy Governor of the Central Bank of the Philippines and head of the financial regulatory department, revealed that the UK fintech company Revolut is actively negotiating with the bank to obtain a digital banking license in the Philippines.She pointed out that Revolut must go through the assessment process of the Central Bank of the Philippines, including meeting the relevant requirements for establishing a foreign bank institution in the Philippines. As for the specific approval timeline, it depends on the company's progress in compliance preparations.Revolut currently holds banking licenses in the UK, Australia, Colombia, and France, and has received conditional approval to establish a bank in the United States. Additionally, the company applied for a banking license in Switzerland in September.

U.S. Vice President Vance stated that European countries have almost unanimously decided to initiate a regulatory and licensing battle against SpaceX, but now they are all requesting SpaceX to do what they need.

According to Bybit's announcement on October 22, its Dubai entity Bybit Fintech FZE has obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA), covering the scope of cryptocurrency spot trading.Bybit established its international headquarters in Dubai in 2022 and received preliminary approval from VARA in 2024. Bybit's Chief Legal and Compliance Officer Peter Loo stated that the company plans to apply for an expansion of the license scope to include derivatives trading in the future, but further approval from the regulatory authority is still required.

According to Crypto Briefing, the decentralized perpetual contract trading platform Lighter stated during its Q3 investor call that it plans to submit a derivative brand license application to the Commodity Futures Trading Commission (CFTC) in November 2026, aiming to become the first on-chain perpetual contract DEX approved by the CFTC. Founder Vladimir Novakovski mentioned that the team has been in communication with regulators for about 11 months.Currently, Lighter has integrated with Robinhood Chain to provide perpetual contract trading, and the number of Lighter Core accounts has exceeded 1 million. OKX market data shows that LIT has risen 22.26% in the past 24 hours, currently priced at $3.89.

According to Cointelegraph, the Astana International Financial Centre Court (AIFC) in Kazakhstan has issued an injunction against six unlicensed cryptocurrency platforms, prohibiting them from providing digital asset services locally and expanding access restrictions to app stores. The Astana Financial Services Authority (AFSA) stated on Tuesday that the court made this ruling after the regulatory agency sued the operators of the relevant platforms for providing digital asset services without authorization.The order issued on September 15 specifically named BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase, LBank, and WEEX; a three-day later amendment removed LBank from the list, as its operator had blocked access for users in Kazakhstan. Google and Apple, as app store operators, were also included and are required to implement regional access restrictions for the remaining platforms.AFSA stated that users of unlicensed platforms lack the protections that licensed institutions should provide, including asset protection, information disclosure, complaint handling, and dispute resolution. The National Bank of Kazakhstan is responsible for regulating digital asset service providers outside of the AIFC.AFSA CEO Evgeniya Bogdanova stated that this court ruling is the result of the agency's long-term efforts by its supervision and enforcement team to address the activities of unlicensed crypto platforms that advertise without authorization and provide digital asset-related services in Kazakhstan without a license.AFSA noted that it had issued warnings to over 20 platforms by 2025, nine of which voluntarily restricted app access in the country, and seven expressed intent to apply for licenses. The agency has withdrawn its claims against these nine, and the injunction will be enforced against the remaining six. Cointelegraph previously reported that the financial regulator in Kazakhstan had blocked nearly 1,000 unregistered cryptocurrency exchanges that were providing services to citizens of the country in 2023.

According to official news from Bitget, the platform announced the acquisition of the digital asset exchange and brokerage GMO-Z.com Cryptonomics (Thailand) Co., Ltd., headquartered in Bangkok. This acquisition involves the complete shares of the target company held by GMO Internet and its related subsidiaries.GMO-Z.com Cryptonomics (Thailand) holds licenses for digital asset exchange and brokerage business in Thailand. This acquisition will leverage its existing compliance foundation and local market experience to strengthen Bitget's localized operational capabilities in Thailand and further improve the strategic layout in the Southeast Asian market.Bitget CEO Gracy Chen stated that Thailand is an important digital asset market in Southeast Asia, and this acquisition will help Bitget establish a localized operational system, gradually expanding its global trading service capabilities in the Thai market while complying with local regulatory requirements.

According to Bloomberg citing sources, Japan's Daiwa Securities Group and Mizuho Financial Group have been notified that they can conduct wholly-owned securities business in mainland China. The relevant approvals were advanced after Vice Premier He Lifeng of the State Council received a senior Japanese trade delegation in March this year and discussed expanding bilateral trade and cross-border investment.A spokesperson for Mizuho Securities confirmed the news, stating that preparations for opening are ongoing, while a spokesperson for Daiwa Securities declined to comment. Daiwa Securities was approved by the China Securities Regulatory Commission in 2021 to establish a joint venture securities company with a 51% stake. In April this year, it spent about $100 million to acquire the remaining equity from its Chinese partner and received approval last week to complete the equity change, achieving full ownership.Mizuho Securities was approved to establish a wholly-owned securities company in October 2025, and after completing on-site inspections and operational reviews by regulatory authorities, it was issued a securities business license last week.

According to The Block, the newly established cryptocurrency entity Revolut Global Digital Assets Limited under digital bank Revolut has obtained a Distributed Ledger Technology (DLT) license issued by Gibraltar.Revolut stated that this approval will assist in the expansion of its international cryptocurrency business. The company currently has over 80 million retail customers, of which 16 million are cryptocurrency users.

According to Philippine crypto media BitPinas, in response to CoinDesk's previous report regarding Coinsph facing the risk of license revocation due to alleged involvement in offshore betting transactions, the Philippine crypto trading platform Coinsph stated that its virtual asset service provider (VASP) license under Betur Inc. and the electronic money issuance (EMI) license of DCPay Philippines are currently both valid, and it denies providing services to non-compliant offshore betting operators.Coinsph stated that the restrictions imposed by the Philippine central bank only involve fiat currency top-ups to DCPay through InstaPay and PESONet, while cryptocurrency trading, withdrawals, and other payment services are still operating normally. The company also acknowledged that the central bank has requested it to improve its internal control measures and is currently cooperating with regulatory requirements. The Philippine central bank declined to comment on specific regulatory matters.

The Monetary Authority of Singapore (MAS) has revoked the major payment institution license of the currency exchange and cross-border remittance entity Sir Money Changer Pte. Ltd. (SMC) under the Payment Services Act 2019, effective from September 15, 2026. From that date, SMC is no longer allowed to provide cross-border remittance and currency exchange services.The action by MAS stems from an investigation that found SMC allowed third parties to independently operate cross-border remittance services in one of its business premises under the name of SMC and provided false or misleading information to MAS. MAS pointed out that license holders must not allow third parties to use their license to conduct financial service activities and require payment service providers to maintain effective supervision and control over their business operations.

According to CoinDesk, the consortium Qivalis, supported by 37 major European banks, announced that the Dutch Central Bank (DNB) has granted it an Electronic Money Institution (EMI) license, bringing it closer to issuing Euro-denominated electronic money tokens (EMT). The Amsterdam-based company still needs to meet the remaining requirements of the EU's Markets in Crypto-Assets Regulation (MiCA), including publishing a white paper, in order to issue the token in the coming months.This license enables Qivalis to provide a blockchain-based method for transferring Euros for banks and payment institutions. Qivalis plans to distribute its tokens through banks, cryptocurrency exchanges, and payment service providers, rather than directly to consumers. Since its establishment in September 2025, the consortium has expanded to 37 European banks, including BBVA, BNP Paribas, ING, and DZ Bank, and has chosen Fireblocks to provide digital asset infrastructure.According to MiCA regulations, EMTs are classified as stablecoins, but not all stablecoins are EMTs. EMTs are pegged to a single fiat currency and must be issued by authorized credit institutions or electronic money institutions, with holders having legal claims to them and the right to redeem them at face value at any time, and EMTs cannot pay interest.Qivalis CEO Jan-Oliver Sell stated that the currency in Europe should be carried on-chain by European rules, and Europe should have Euro-denominated on-chain settlement assets issued under European law and subject to European regulatory standards.

According to official disclosure, Standard Chartered announced that it has received approval from the Virtual Assets Regulatory Authority (VARA) in the UAE to officially launch cryptocurrency trading solutions for professional investors in the UAE.Eligible affluent clients can buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through their existing bank accounts, without the need to set up a separate wallet or use third-party platforms.

Cryptocurrency exchange Blockchain.com is applying for a license from the Commodity Futures Trading Commission (CFTC) to seek both exchange registration and futures broker registration in order to offer derivatives and prediction market services in the United States.The aforementioned services will be aimed at retail and institutional clients, and the business planned to be launched in the United States still requires regulatory approval.

According to the updated data from the official website of the Hong Kong Securities and Futures Commission, the virtual asset trading platform license application submitted by Matrixport HK was withdrawn on October 12.Matrixport HK had submitted the virtual asset trading platform license application to the Hong Kong Securities and Futures Commission on February 26, 2024.

According to PRNewswire, 3iQ's UAE entity 3iQ Middle East Ltd has obtained in-principle approval for a Category 4 license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking an important step in establishing regulated operations locally.3iQ stated that this approval is part of its strategy to expand its regulatory footprint in major global digital asset markets. Previously, 3iQ had formed a strategic partnership with the UAE digital asset investment management company Further and provided institutional investors with digital asset investment channels through the 3iQ Managed Account Platform (QMAP), which has attracted $100 million in sovereign capital-related seed funding.

According to a report by Mobile Payment Network, regarding some payment platforms that are registered only as financial technology companies without obtaining any financial category licenses, the Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated that appropriate enforcement actions will be taken as necessary under the relevant statutory regulatory framework to maintain financial stability and protect the rights and interests of customers and the public.According to the Hong Kong Payment Systems and Stored Value Payment Instruments Ordinance, unless a statutory exemption is obtained, anyone who issues or operates stored value payment instruments in Hong Kong without a license is committing an offense. If cases of suspected unlicensed operation or violations of the Payment Ordinance are discovered, the Monetary Authority will intervene directly and will collaborate with other relevant regulatory agencies depending on the nature of the case, and will refer the case to law enforcement agencies if necessary.

According to a report by The Wall Street Journal, SpaceX will acquire the mobile spectrum licenses of Grain Management for approximately 8 billion dollars in cash.

The Hong Kong Securities and Futures Commission has announced that "Finanx AI/Finax Technology Limited" has been included in the list of unlicensed companies. This entity may have promoted the "FNXAI" and "1FNXAI" tokens to investors through events held in Hong Kong and may have claimed that investing in these tokens could yield high returns.The FNXAI and 1FNXAI tokens were included in the Commission's warning list of suspicious investment products on September 30, 2026. The Hong Kong Securities and Futures Commission pointed out that this entity is not licensed or registered with the Commission to conduct any regulated activities in Hong Kong and is prohibited from engaging in any regulated activities in Hong Kong.