Vietnam plans to restrict citizens from overseas crypto trading as banks and brokerages compete for new domestic licenses.
The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.
The Payments Institution license, gained in Malta, aligns the exchange with European Union regulatory requirements that take effect in March 2026.
The token, pitched as an official Baby Shark play, was not an authorized product, brand-owner Pinkfong said.
The country's central bank is finalizing a regulatory approval to submit to parliament by September.
The new index series from HKEX will offer a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and it aims to boost transparency in the digital asset market.
Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations.
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.
The company has also received approval in Dubai, U.K., the Netherlands and Spain.
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month.