Hong Kong’s proposed overhaul of its cryptocurrency licensing framework is drawing cautious reactions from industry participants, who warn that tougher compliance rules could reshape the city’s digital asset landscape. While regulators aim to strengthen investor protection and financial stability, market players fear the new approach may raise entry barriers, increase operating costs, and dilute Hong… Continue reading Hong Kong’s Crypto Licensing Revamp Sparks Unease Across Digital Asset Industry
Tag: Licensing
DZ Bank Enters Retail Crypto Market After Securing Landmark MiCA License
Germany’s second-largest lender, DZ Bank, has taken a decisive step into the digital asset economy after obtaining a key regulatory license under the European Union’s Markets in Crypto-Assets (MiCA) framework. The approval allows the cooperative banking giant to offer cryptocurrency trading services to retail customers, marking a significant milestone for mainstream adoption of digital assets… Continue reading DZ Bank Enters Retail Crypto Market After Securing Landmark MiCA License
Regulator Sets Clear Timeline for Crypto Licensing, Signaling Tighter Oversight Ahead
Financial regulators have outlined a formal timetable for processing crypto licence applications, marking a decisive step toward tighter supervision of the digital asset sector. The move aims to bring greater clarity for firms seeking authorization while reinforcing standards around consumer protection, governance, and financial resilience. By setting defined milestones, the regulator is signaling that the… Continue reading Regulator Sets Clear Timeline for Crypto Licensing, Signaling Tighter Oversight Ahead