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First digital securities Exchange Approved by Financial Conduct Authority
Last week **Archax - institutional-grade exchange for trading asset-backed tokens (digital securities, security tokens, etc.), announced becoming Financial Conduct Authority (FCA) regulated digital securities exchange and custodian in the UK**. Archax has also become the first company to receive crypto-asset registration from the UK regulator, making it a fully compliant Virtual Asset Service Pro...
Path: BlogGermany Introduces Draft Bill on Blockchain-Based digital securities
Last week Germany’s Federal Ministry of Finance (BMF), together with the Federal Ministry of Justice and Consumer Protection (BMJV), introduced a draft bill on blockchain-based digital securities. The German Finance Ministry published a statement wherein the institution will be working on a draft law with the primary goal of creating a legal framework for digital securities, including the issua...
Path: BlogWhat is the reason behind the suspension of ePayments operations?
...is that because the electronic money institution remains one of the largest processors for “high-risk” industries which traditional banks tend to avoid. Many industry participants view that ePayments’ connection to a crypto exchange called digital securities Exchange (DSX) could possibly lead to suspension of operations of the regulated e-money company. Another speculation explains t...
Path: Blog