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Cryptocurrency licenses vary by jurisdiction and are essential for companies operating in the crypto space to ensure compliance with local laws and regulations. Here are some of the different types of crypto licenses that businesses may require: Money Transmitter License (MTL): Many jurisdictions require cryptocurrency exchanges and wallets to obtain a money transmitter license, which…

Banking as a Service (BaaS) and Embedded Finance are two related concepts but they serve different purposes in the financial services landscape. Here’s a breakdown of each: Banking as a Service (BaaS) Definition: BaaS refers to the backend services that banks offer to fintech companies and other businesses to provide financial services without needing to…

On 20th of April 2023, the European Parliament has finally voted and adopted the new legislative changes in the European Union concerning cryptocurrency in the form of the Markets in Crypto Assts (MICA) Regulation. Moreover, since MICA is the Regulation, it is directly applicable among the Member States without a need for any additional transposition into national…

Binance has registered its services with the dual regulatory structure in France, which includes the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). After a year of heavy regulatory scrutiny, the new approval will help the crypto giant in boosting its operational plans across the European continent. The…