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Licensing
Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Senior official Sean McHugh disputed any perception of VARA being a friendlier-than-usual crypto regulator.

Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports
We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC's Director General said.

Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
More than 30 exchanges still have applications pending.

Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
Companies can now apply for a license to become token service providers.

Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.

Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register
The company has also received approval in Dubai, U.K., the Netherlands and Spain.

Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.

Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.

QCP Receives In-Principal Approval From Abu Dhabi Regulator
The digital assets trading firm said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures.

Binance Secures Full Virtual-Asset Services Provider License in Dubai
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.
