Hex Trust has expanded its regulated footprint in Europe, winning registration from France's AMF_actu. By JamieCrawleyCD
Hex Trust has registered in France to offer digital asset custody, buying, selling and trading.
Registration should, in theory, make it easier to obtain the necessary registrations and permissions across the EU owing to the bloc's MiCA regulation. Digital asset custodian Hex Trust has expanded its regulated footprint in Europe, winning registration from France's Autorité des Marchés Financiers and Autorité de Contrôle Prudentiel et de Résolution .
The Hong Kong-based firm can now provide digital asset custody and the buying, selling and trading of digital assets in France as well as Italy. It receivedHex Trust described registration in France as"a significant milestone" for its European expansion plans, in an emailed announcement on Wednesday.
Under new European Union laws set to take effect in 2024, exchanges and wallet providers licensed in one EU country such as the Netherlands – a more demanding process than registration that involves checks on governance and financial health – will be able to operate across the 27-nation bloc., thanks to the country's welcoming stance towards the industry, with tax cuts on crypto profits and a simplified registration processes with financial watchdogs.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud AllegationsThe U.S. Securities and Exchange Commission has filed a lawsuit against Richard Heart, the founder of the Hex and PulseChain projects, alleging he raised over $1 billion in unregistered securities sales and defrauded investors. nikhileshde reports
Read more »
SEC files complaint against Hex founder for allegedly offering unregistered securitiesSEC files complaint against HEX founder RichardHeartWin for unregistered securities offering. Allegations include raising over $1B through 'crypto asset securities' like HEX, PulseChain, and PulseX.
Read more »
SEC sues Richard Heart of Hex and Pulsechain for allegedly selling unregistered securitiesThe SEC has sued Richart Heart, the creator of Hex and Pulsechain, for allegedly selling unregistered securities.
Read more »
HEX Price Plunges as SEC Sues Richard Heart for Securities FraudHexicans take a major blow as the Securities and Exchange Commission (SEC) charged its founder, Richard Heart, with securities fraud
Read more »
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex – Bitcoin NewsThe SEC complaint alleges that beginning in December 2019, Heart offered and sold Hex tokens and promised investors incentives and bonuses.
Read more »
Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on HexBTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.
Read more »