Licensing

Pakistan

2026-08-24 03:11:11

Pakistan regulator gives crypto firms until Sept. 5 to enter new licensing process

Pakistan’s virtual asset regulator, PVARA, has told crypto exchanges and related service providers already operating in the country to enter a new licensing process by Sept. 5 or stop their business activities. According to CryptoSlate, the agency opened its licensing portal on Aug. 22 and released virtual asset service rules. Existing providers must file a no-objection certificate application, and those that submit complete applications on time may keep serving clients while their cases are reviewed. Firms that miss the deadline must halt regulated services. PVARA said the policy is not a blanket ban on crypto. Instead, it is a compliance-or-exit framework covering exchanges, custodians and other businesses serving Pakistani users.

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Pakistan

2026-08-21 09:02:30

Pakistan’s virtual asset licensing regime takes effect, existing VASPs face a Sept. 5 NOC deadline

Pakistan’s virtual asset licensing regime has officially gone live, according to the Pakistan Virtual Assets Regulatory Authority (PVARA). Existing virtual asset service providers (VASPs) must submit a no-objection certificate (NOC) application by Sept. 5, 2026, under Section 70 of the Virtual Assets Act 2026, or stop operating. PVARA said the country moved from basic legislation to implementing rules and an open licensing process in less than six months.

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BitGo

2026-08-14 22:43:20

Mizuho cuts BitGo price target to $11, says Clarity Act delay could still help the firm

Mizuho lowered its price target for crypto custody company BitGo to $11 from $14 while keeping an "outperform" rating, according to an Odaily report. BitGo shares were trading at about $5.61 when the note was released. The bank’s view stands out because it argues that delays to the U.S. market structure bill known as the Clarity Act, widely seen by the market as a negative for the sector, may actually strengthen BitGo’s position. Mizuho said BitGo already operates the first federally chartered digital asset trust bank owned by a public company, which means its regulatory standing does not depend on passage of the new legislation. In the firm’s view, the longer the U.S. regulatory framework remains unsettled, the more value BitGo can extract from its existing licenses and compliance lead. The report added that the Clarity Act is designed to establish a market structure framework for digital assets in the United States and define the division of authority among regulators, but repeated negotiations on key issues have kept the bill from moving forward. That delay, Mizuho said, could raise barriers for new entrants and make BitGo’s status as a licensed and trusted operator more valuable.

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UK FCA

2026-07-24 00:30:17

UK FCA Finalizes Crypto Rules, Cuts Stablecoin Capital Requirement and Sets 2026 Licensing Start

The UK FCA has issued its final crypto policy statement, lowering the capital coefficient for non-systemic stablecoin issuers from 2% to 1% and adding market abuse rules. Licensing opens on September 30, 2026.

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Vietnam

2026-07-23 21:40:16

Vietnam Opens Crypto Exchange Licensing With Nearly $400 Million Capital Threshold

Vietnam has started accepting applications for licensed crypto trading platforms, requiring nearly $400 million in contributed capital and limiting foreign ownership to 49%.

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BIT Group

2026-07-23 20:25:15

Matrixport Rebrands as BIT as Cynthia Wu Outlines Multi-Asset Push and Licensing Plans

BIT co-founder and CCO Cynthia Wu said the Matrixport rebrand reflects a shift from a crypto-focused platform to a broader multi-asset financial services brand, with licensing and institutional business expansion underway.

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Taiwan

2026-07-23 19:30:15

Taiwan Passes Crypto Licensing Law With Up to 7 Years in Jail for Violations

Taiwan has passed a new virtual asset law requiring licenses for crypto firms, tighter stablecoin approvals, and harsher penalties for unlicensed operations, fraud, and market manipulation.

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Ripple

2026-07-23 14:25:16

Ripple Executive Says Banks Want Simpler Access to Digital Assets

Ripple executive Cassie Craddock said banks are looking for easier, regulated ways to access digital assets. She pointed to Ripple’s long institutional track record, European expansion, and licensing efforts as key parts of that push.

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