ChainCatcher news, according to Ledger Insights, the German tokenization company Cashlink Technologies has obtained a cryptocurrency custody license issued by the country's regulatory authority BaFin. The company already holds a cryptocurrency securities registrar license.According to German law, when issuing securities on DLT, a registrar can be used instead of a central securities depository (CSD). With the new license, Cashlink can now manage the private keys associated with the tokenized securities it participates in issuing and registering.

ChainCatcher news, according to Ledger Insights, Germany's DekaBank has obtained a cryptocurrency custody license from the country's regulatory authority BaFin and the European Central Bank (ECB). Commerzbank was the first German bank to receive a license last year, while other major banks, including DZ Bank, have yet to obtain one.BaFin has issued an additional 11 cryptocurrency custody licenses, primarily targeting cryptocurrency companies. One of these is the digital asset custody subsidiary of Hauck Aufhäuser Lampe Privatbank.The difference between DekaBank and Commerzbank in relation to cryptocurrency companies is that the former is licensed under the Banking Act (KWG). This is the second new license DekaBank has obtained this year. In July, the company received a license as a crypto securities registrar for issuing digital securities based on DLT in Germany. These crypto securities can be issued without the need for a central securities depository (CSD).

ChainCatcher news, the German tokenization company Cashlink has obtained a cryptocurrency custody license, having previously held a cryptocurrency securities registrar license. According to German law, when securities are issued on DLT, a registrar can be used instead of a central securities depository (CSD). With the new license, Cashlink can now manage the private keys associated with the tokenized securities it participates in issuing and registering.

ChainCatcher news, according to Cointelegraph, Coinbase has officially approved the Silicon Valley-based next-generation entertainment company purrLabs, Inc. to establish a new creator fund using the Mr. Miggles brand.It is reported that Mr. Miggles made its debut at Coinbase's NFT event in July 2024; it is a somewhat grumpy yet adorable cat.

ChainCatcher news, Hong Kong virtual asset exchange EX.IO (Thousand Whales Technology (BVI) Limited) has obtained approval from the Hong Kong Securities and Futures Commission (SFC) to operate a virtual asset trading platform under Type 1 (Securities Trading), Type 7 (Providing Automated Trading Services) licenses, and in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

ChainCatcher news, according to the official announcement, the Hong Kong Securities and Futures Commission has announced the issuance of licenses to four virtual asset trading platforms under the fast-track licensing procedure, including Cloud Account Greater Bay Area Technology (Hong Kong), DFX Labs, Hong Kong Digital Asset Trading Group, and Thousand Whales Technology.These platforms must complete rectifications and pass independent third-party vulnerability assessments and penetration tests before they can operate within a restricted scope. The Securities and Futures Commission will supervise the second phase of the assessment through a tripartite agreement, and business restrictions will be lifted upon completion of the assessment. The Commission plans to release more licensing procedure guidelines in early 2025 to promote the development of Hong Kong's virtual asset ecosystem.

ChainCatcher news, according to CoinDesk, the Bitcoin Lightning Network payment platform ZBD (formerly Zebedee) announced that it has received approval from the Dutch Authority for the Financial Markets (AFM) and will be granted a license when the MiCA regulation officially comes into effect on December 30.This license will allow ZBD to provide cryptocurrency custody and trading services throughout the European Union. ZBD submitted its application in April this year and is one of the first companies to be approved.Currently, countries like the Netherlands are prepared for the implementation of MiCA, while other EU member states are still advancing related legislative work. The list of approved companies will be published on the AFM's official website after MiCA comes into effect.

ChainCatcher news, according to an announcement from the Hong Kong Securities and Futures Commission, Cool River Venture HK Limited, founded by ByteDance co-founder Zhang Yiming, has been granted a Type 9 license (asset management license) to conduct asset management business in Hong Kong.Additionally, according to the official website of the Companies Registry of the Hong Kong Special Administrative Region government, Cool River Venture HK Limited was registered on May 22, 2023.Reports indicate that Cool River Venture is a private limited company, with Zhang Yiming as the sole director and Galaxy LLC as the sole shareholder, registered in the Cayman Islands.

ChainCatcher news, according to The Block, cryptocurrency custodian Anchorage Digital announced that the New York State Department of Financial Services (NYDFS) has issued a BitLicense to its subsidiary Anchorage Digital NY, LLC. This approval enables Anchorage Digital to provide secure and efficient cryptocurrency trading for institutions in New York State, with full functionality expected to be achieved by early 2025.

ChainCatcher news, recently, the Central Reserve Bank of El Salvador (Banco Central de Reserva) granted a Bitcoin Service Provider (BSP) license to Bitget. At the same time, Bitget is applying for a Digital Asset Service Provider (DASP) license from the National Commission of Digital Assets in El Salvador to further expand its service offerings. To strengthen its presence in the Latin American market, Bitget plans to establish a local team in El Salvador to support business operations and enhance user experience.Bitget's Chief Business Officer Min Lin stated: "Latin America is a core area for crypto innovation, with immense potential. As the first country to adopt Bitcoin as legal tender, El Salvador offers significant insights for advancing the industry. Obtaining the BSP license is an important step in Bitget's globalization strategy. We are committed to promoting the development of the crypto ecosystem in the region by providing secure, convenient, and innovative services, and contributing to financial inclusion and regional economic growth."

ChainCatcher news, Hong Kong Financial Secretary Paul Chan published a new issue of "Secretary's Essay," in which he pointed out that the number of licensed asset management companies in Hong Kong increased by 24% year-on-year last quarter, and the number of open-ended fund companies also surged by over 132% year-on-year.According to the latest data, the number of startups in Hong Kong has reached a new high, with the proportion of startups founded by non-local entrepreneurs rising to 28%.In addition, Paul Chan also announced that the public consultation for the new fiscal year's "Budget" officially begins today.

ChainCatcher news, according to Bloomberg, about 30 payment companies have currently obtained digital token service licenses issued by the Monetary Authority of Singapore, including the American companies Coinbase and Ripple, as well as Hong Kong-based Futu. Additionally, the Singapore central bank is experimenting with a digital Singapore dollar.With the U.S. approving spot ETFs for Bitcoin and Ethereum, Generation Z and even the Baby Boomer generation are increasingly accepting that cryptocurrency trading can become mainstream. According to a survey by the exchange Independent Reserve earlier this year, about 40% of Singaporean investors own cryptocurrency.Analysis indicates that with Trump returning to the White House and promising to usher in a new era supportive of the crypto industry, this could bring returns to Singapore in 2025.

ChainCatcher news, according to News.bitcoin, the South African financial regulator------Financial Sector Conduct Authority (FSCA) has issued a total of 248 crypto asset service provider (CASP) licenses from 420 applications received. According to local reports, 56 applications are still under review, while 9 applications have been rejected, and 106 entities withdrew their applications after the FSCA expressed concerns about their business models.

ChainCatcher news, decentralized finance and digital asset company DeFi Technologies announced that it will acquire a minority stake in Swiss asset management company Neuronomics AG, with the specific acquisition amount not disclosed. According to the terms of the letter of intent, DeFi Technologies will increase its stake in Neuronomics by subscribing to 10% of the issued and outstanding securities of Neuronomics. This acquisition aims to enhance DeFi Technologies' asset management and trading capabilities, diversify revenue sources, and complement the company's specialized arbitrage trading platform DeFi Alpha.It is reported that Neuronomics specializes in quantitative trading strategies driven by artificial intelligence, computational neuroscience, and quantitative finance, and holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).

ChainCatcher news, cryptocurrency exchange BitOasis has obtained a new license in its home jurisdiction after being acquired by Indian cryptocurrency exchange CoinDCX.BitOasis announced on December 9 that it has received a full Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). The acquisition of the VASP license marks the final step in the BitOasis VARA licensing process, covering a range of crypto trading services, including buying, selling, and trading.

ChainCatcher news, according to Cointelegraph, the hybrid cryptocurrency exchange GRVT has announced that it has obtained a modified (M) digital asset business license from the Bermuda Monetary Authority (BMA), allowing the exchange to operate as a regulated decentralized exchange (DEX).GRVT co-founder and CEO Hong Yea stated that after obtaining the initial M class license under the Bermuda Digital Asset Business Act (DABA), its goal is to obtain a full (F) class license by mid-2025 and further expand its business in a sandbox environment.

ChainCatcher news, according to Bitcoin.com, Spain's securities regulator CNMV has approved the country's first tokenization license, opening the door for the tokenization of real-world assets (RWA).Ursus-3 Capital, in collaboration with Onyze, is the first consortium able to provide services to Spanish companies seeking to enter this field. "We firmly believe that RWA tokenization opens up endless possibilities for entrepreneurs, and ensuring legal security for investors is very important," said Juan Jurado, General Manager of Ursus-3 Capital. Third parties can now contract their tokenization services.

ChainCatcher news, according to official sources, Eddid Financial Singapore Pte. Ltd., a wholly-owned subsidiary of Hong Kong financial group Adept Financial, has received in-principle approval from the Monetary Authority of Singapore (MAS) for its capital markets services license application. Once the license is officially approved, it will be able to provide clients with capital market product trading, product financing, custody services, and more.Adept Financial stated that in the future, it will actively expand its local business footprint to include virtual assets, corporate financing, and fund management, and will establish an office in Singapore.

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.