provider

Bangko Sentral Halts Virtual Asset Service Provider Applications – Bitcoin Magazine

The central bank of the Philippines will not accept applications from virtual asset service providers for three years. The bank claims the institutions pose varied risk to financial stability. Previously existing service providers can still expand operations and continue operating based on regulatory compliance. The Bangko Sentral, central bank of the Philippines, will close the …

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The Philippines halts virtual asset provider license applications

While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a 3-year hiatus from accepting new virtual asset service provider (VASP) applications.  According to a memorandum signed by Chuchi Fonacier, a financial supervision official at the Banko Sentral ng …

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Greylock, Pantera Led $18M Round for NFT Infrastructure Provider Pinata

Pinata has more than 240,000 users worldwide, up from 104,000 users in January, according to the company. Notable partnerships include NFT marketplace OpenSea, fantasy sports company DraftKings, NFT storage provider Protocol Labs, Bored Ape Yacht Club developer Yuga Labs and Autograph, the NFT platform co-founded by National Football League star Tom Brady. Source link

Huobi gets green light as exchange provider in Australia

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country. Cointelegraph has reached out to Huobi to ascertain whether …

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