Virtual Asset Service Provider 🚀

Stay informed with the latest Virtual Asset Service Provider news, essential for professionals navigating the fast-evolving digital economy. VASPs, pivotal in cryptocurrency exchanges, wallet services, and other digital asset transactions, face stringent regulatory challenges. Our coverage includes updates on compliance, innovative technologies, and security measures critical for ensuring the integrity and growth of the blockchain ecosystem.

📡 Latest Virtual Asset Service Provider News

Hong Kong's ZA Bank Expands Virtual Asset Services

Hong Kong's ZA Bank Expands Virtual Asset Services

May 3, 2024 Hong Kong China Virtual Assets

Hong Kong's largest virtual bank, ZA Bank, is advancing its footprint in digital finance. The lender, founded by Chinese billionaire Yaping Ou, recently announced plans to offer token-to-fiat currency conversions and provide account services for licensed cryptocurrency exchanges. This move positions ZA Bank as a settlement bank, allowing

Virtual Asset Service Providers Challenging Binance's Lead in Global Bitcoin Trading

Virtual Asset Service Providers Challenging Binance's Lead in Global Bitcoin Trading

May 1, 2024 Binance Bitcoin Virtual Asset Service Provider

The competitive landscape of the cryptocurrency industry is undergoing a major shift as the exchanges battle for a larger slice of the global Bitcoin trading market. While Binance, the world's largest crypto exchange, has long held a dominant position in non-US Bitcoin trading, its rivals are now making

Binance Secures Full Virtual Asset Service Provider License in Dubai

Binance Secures Full Virtual Asset Service Provider License in Dubai

April 18, 2024 Dubai VARA Binance

Binance, the world's largest crypto exchange by trading volume, has been granted a full virtual asset service provider (VASP) license by Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks a major step forward for both Binance and Dubai's growing virtual asset ecosystem, as

Crypto.com Secures Full Operational Virtual Assets License in Dubai

Crypto.com Secures Full Operational Virtual Assets License in Dubai

April 9, 2024 Dubai UAE Virtual Asset Service Provider

Crypto.com has obtained full operational approval from Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks the first time a global crypto exchange has been granted permission to operate with fiat currency in the United Arab Emirates (UAE). Virtual Assets in the UAE Crypto.com's

Hong Kong Skyline with Virtual Assets

Hong Kong Closes Initial Application Window for Virtual Asset Trading Platform Licenses

March 1, 2024 Hong Kong Virtual Asset Service Provider VASP

Hong Kong has recently closed its initial application window for Virtual Asset Trading Platform (VATP) licenses. This milestone event has attracted significant attention from both local and international crypto exchanges, underscoring Hong Kong's appeal as a center for virtual asset innovation and regulation. As the application deadline approached,

List of Hong Kong Virtual Asset Trading Platforms

List of Hong Kong Virtual Asset Trading Platforms

February 21, 2024 Hong Kong Virtual Assets Virtual Asset Service Provider

Hong Kong, renowned for its skyscraper-studded skyline is a towering figure in the global financial landscape. This vibrant city-state, nestled at the heart of Asia, has long been celebrated as a pivotal gateway between the East and West, playing a crucial role in international trade and finance. Amidst the rapid

Virtual Asset Service Providers in Dubai

Virtual Asset Service Providers in Dubai

February 7, 2024 Dubai VASP Virtual Asset Service Provider

Dubai's dynamic approach towards innovation and technology has made it a hub for Virtual Asset Service Providers (VASPs), offering a range of services from exchange platforms to custodial services. As of the latest registry, many entities have been granted licenses to operate, each contributing uniquely to the virtual

What is a Virtual Asset Service Provider (VASP)?

What is a Virtual Asset Service Provider (VASP)?

February 6, 2024 Virtual Assets VASP Virtual Asset Service Provider

What is a Virtual Asset Service Provider (VASP)? A Virtual Asset Service Provider is any business that conducts one or more of the following activities on behalf of its clients: * Exchange between virtual assets and fiat currencies * Exchange between different forms of virtual assets * Transfer of virtual assets * Safekeeping and/