Posts Tagged ‘Crypto’
Nuvei Liquidity granted an authorisation of a crypto-asset service provider
Lietuvos bankas has granted an authorisation of a crypto-asset service provider to Nuvei Liquidity, UAB for the provision of custody and administration of crypto-assets, transfer services for crypto-assets, exchange of crypto-assets for funds and other crypto-assets.
The company has also obtained the payment institution licence, authorising it to perform operations with electronic money tokens (EMT).
Nuvei Liquidity, UAB, which has operated in Lithuania since 2004, is part of the Nuvei Group, one of Canada’s largest providers of financial technology services, operating in more than 20 jurisdictions.
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Originally published on 17 Dec
Read MoreDecentralized granted an authorisation of a crypto-asset service provider
Lietuvos bankas has granted an authorisation of a crypto-asset service provider to UAB Decentralized for the provision of custody and administration of crypto-assets, transfer services for crypto-assets, exchange of crypto-assets for funds and other crypto-assets.
The company has also obtained the payment institution licence, authorising it to perform operations with electronic money tokens (EMT).
UAB Decentralized operating under the CoinGate brand, is one of the oldest virtual currency exchange operators in Lithuania (founded in 2014) with more than 50 employees.
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Originally published on 17 Dec
Read MoreLatvijas Banka is issuing a licence to Nexdesk SIA for the provision of crypto-asset services
On 10 December, the Supervision Committee of Latvijas Banka issued a licence to Nexdesk SIA for the provision of crypto-asset services.
The company is entitled to provide the following crypto-asset services:
- providing custody and administration of crypto-assets on behalf of customers,
- executing orders for crypto-assets on behalf of customers,
- transferring services for crypto-assets on behalf of customers.
Nexdesk SIA plans to provide its services both in Latvia and in other European Union (EU) countries.
Nexdesk SIA is the second crypto-asset service provider to receive a licence in Latvia in accordance with the requirements established in the EU Markets in Crypto-Assets Regulation (MiCA). Along with the entry into force of the MiCA Regulation, a unified legal framework for the crypto-asset sector, including the requirement for crypto-asset service providers to obtain authorisation, has been introduced in the EU. Upon obtaining authorisation in one EU country, a crypto-asset service provider may provide services throughout the entire EU in accordance with the mechanism for notifying cross-border activities.
Read full announcement (external link)
Originally published on 11 Dec
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