ChainCatche news, the encrypted trading platform Legend Trading's subsidiary Legend Financial Ireland Limited has been approved by the Central Bank of Ireland as a Virtual Asset Service Provider (VASP). Additionally, Legend Trading is applying for a Crypto Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA). In Ireland, VASPs registered and operating before December 30, 2024, can continue their business under the transitional provisions set by MiCA while submitting their CASP authorization application.

ChainCatcher news, financial group Flashwire Group has completed a $10 million Series A financing round, with investors including Legend Trading, Cobo, Gate.io, VeChain, CyberX, SuperChain Capital, and others.Flashwire Group aims to connect traditional finance with the Web3 industry, with products including a crypto-friendly digital bank (Flashwire.com), a cryptocurrency debit card Stella Pay (stellapay.io), and a cryptocurrency lending platform Anxin Finance (Anxin.finance).

ChainCatcher News, the U.S. compliant cryptocurrency trading company Legend Trading announced a partnership with Circle to launch USDC rapid trading and settlement services in the Asia-Pacific and Latin America regions, aimed at facilitating local institutional users in acquiring and using USDC.Legend Trading stated that its trading settlement system is integrated with the underlying banking network, ensuring seamless and rapid automatic conversion between USDC and fiat currency.