Cabital Eyes Regulatory Approval To Provide Cryptocurrency Payment Services I...
One of the things that validate a cryptocurrency payment service is regulations. Many exchanges, brokers, and institutions that operate outside the law’s provisions receive a lot of backlash and scrutiny from crypto users and financial regulators. So, it is prudent to gain the necessary approvals before offering services in any territory, especially in a country such as the US. In recent times, financial regulators across the globe have been focused on the cryptocurrency industry. They have been scrutinizing the markets and operations of the players to ensure compliance to regulatory....
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Nasdaq-listed cryptocurrency exchange Coinbase has obtained regulatory approval to offer crypto services in Italy. “Coinbase is committed to bringing the power of our full product suite to customers across Europe,” the company said. Coinbase Approved in Italy Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced Monday that it has secured regulatory approval to provide crypto services in Italy. The company’s vice president of International and Business Development, Nana Murugesan, explained in a blog post: Today, we’re able to announce a key milestone....
Cabital, a leading digital assets institution, has announced the launch of Cabital Connect, a secure fiat on-ramp and off-ramp gateway for cryptocurrency exchanges that require a simple and easy solution for their users to buy leading cryptocurrencies. Cabital Connect is a business solution for cryptocurrency platforms that allow users to use fiat currencies to buy […]
Recently, the firm announced its collaboration with Cabital, a reputable and all-compassing fiat on-and-off ramp solution. The partnership created an integration of Cabital Connect on the Matrixport platform. Many people are ready to dive into crypto, but some factors still limit them. One of the factors is the inability to use fiat currencies besides the […]
Users of Cabital can now change their Euro to cryptocurrency, thanks to a recent integration by the digital asset institution. The Single Euro Payments Area facilitates such changes, plus making cashless payments in EUR through direct debit and credit transfer. Cabital is a platform where users can sell, buy, or save crypto. It offers opportunities to earn passive income on savings. Related Reading | Bitcoin Holders Take Profits As Price Falls, Indicators Remain Bullish? According to them, you can make 12% APY on cryptocurrency with them. Moreover, there are no hidden fees, and the....
The cryptocurrency exchange will get a Major Payment Institution License from the country’s top financial regulator. Major Singapore-based cryptocurrency exchange Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. The license will let the platform provide a range of payment services in the country. On Wednesday, June 22, Crypto.com announced the approval from MAS, which is necessary for offering the Digital Payment Token services within the framework of Singapore’s Payment Services Act. In the announcement,....