Bitpanda, OKX, and Crypto.com Secure MiCA Licenses
Bitpanda announced it had secured its license from Germany’s Federal Financial Supervisory Authority (BaFin), while OKX and Crypto.com gained accreditation in Malta.
Bitpanda announced it had secured its license from Germany’s Federal Financial Supervisory Authority (BaFin), while OKX and Crypto.com gained accreditation in Malta.
Public feedback on the policy is invited until Jan. 24, after which it may pave the way for Kenya to join other African nations like South Africa and Nigeria in implementing crypto regulations.
The decision, announced on Wednesday, provides centralized exchanges and brokers more time to adapt to the regulations while offering temporary relief to digital asset investors concerned about potential tax increases.
Market analysts suggest that the proposed tax exemptions could enhance Hong Kong's appeal as an offshore financial center, encouraging liquidity inflows into the city.
Brigadier Hareb Al Shamsi, Director of Criminal Investigation for Research and Investigation Affairs at Dubai Police, and Ola Doudin, CEO of BitOasis, signed the MoU during a formal ceremony attended by representatives from both sides.