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norway Crypto License
norway presents an evolving landscape for cryptocurrency businesses, characterized by a regulatory framework aimed at balancing innovation with investor protection. The Financial Supervisory Authority of norway (Finanstilsynet) oversees crypto-related activities, emphasizing compliance with stringent anti-money laundering (AML) and consumer protection regulations. To operate legally, crypto excha...
Path: LicensingNew anti-money laundering rules for crypto exchanges in norway
**norway Financial Supervision Authority (FSA) recently announced new requirements for virtual currency exchange providers and businesses that create, store and maintain cryptographic keys.** New money laundering rules shall come into force as of October 15, 2018, and will focus on reporting companies established in norway, including branches of foreign companies. Also, the new requirements wi...
Path: BlogNegative effects for Payment Service and E-money Institutions in case of no-deal Brexit
... established subsidiaries or at least made applications. Regarding accessibly to SEPA, there are countries outside EU that are part of the SEPA that fulfil the eligibility criteria of the European Payments Council, such as Iceland, Liechtenstein, norway, Monaco, San Marino, Switzerland, and Andorra. While UK is maximising its prospect of the maintaining access to the SEPA, it is not clear wheth...
Path: BlogNorwegian airline’s customers may be able to purchase flight tickets with bitcoin
...sult with a pre-tax profit of about $215 million USD. The airline will collaborate with Norwegian Block Exchange (NBX) – a Norwegian crypto exchange and payment platform launched in 2019. The crypto exchange was supported by the oldest bank in norway that has invested more than half a million US dollars in exchange for 16.3 percent of its ownership. The platform desires to bring new solu...
Path: BlogCyprus Limited Liability Company Formation
... agreements concluded with: Austria, Armenia, Bulgaria, Belarus, Belgium, Canada, China, the Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Ireland, Italy, Kuwait, Kyrgyzstan, Lebanon, Malta, Mauritius, Moldova, Montenegro, norway, Qatar, Poland, Romania, Russia, Singapore, Slovenia, South Africa, Sweden, Syria, San Marino, Serbia, Seychelles, Tadzhikistan, Thailand, Ukra...
Path: Companies