License Archives - Cryptolifedigital

In a significant development, Ripple has been granted yet another financial license, marking a strategic move further to enhance its capabilities in the digital asset space. The newly acquired VASP (Virtual Asset Service Provider) license, issued by the Central Bank of Ireland, opens the door for Ripple to engage in various financial activities, solidifying its position in the evolving blockchain and cryptocurrency landscape. Read Also: Shiba Inu Experiences Surge in Price Amidst Staggering Whale Transactions https://twitter.com/HighVibeAssets/status/1741984296225628286 The VASP license obtained by Ripple encompasses a spectrum of financial services, including: Transfer of Digital Assets: Ripple is now authorized to facilitate the seamless transfer of digital assets, providin...

The number of cryptocurrency exchanges with a license to operate in the Emirates is on the rise, with the latest edition being the latest edition in the Kraken. The veteran US exchange is the latest to receive a license to function as a virtual asset trading platform in Abu Dhabi. Thus, Kraken follows a similar example set by other industry giants such as Binance and FTX. Read Also: 86.6 Billion SHIB Bought by Whale, Who Grabbed Almost 2 Trillion SHIB in April Inquest to aid the nation’s cryptocurrency engagement, the UAE has been among the leaders in terms of clear regulations since 2018, which has opened the door for many industry participants to join in. As stated by the Bloomberg report, the latest to get licensed within the nation’s borders is the US digital asset ex...

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Ripple Secures VASP License in Ireland, Expanding Financial Operations

Kraken Obtains License to Operate in Abu Dhabi: Report