Flowdesk, a crypto market maker backed by Coinbase Ventures and BlackRock, has obtained a full broker-dealer license in Dubai from the Virtual Assets Regulatory Authority to serve institutional investors.
ARP Digital has secured a broker-dealer license from Dubai's Virtual Assets Regulatory Authority, enabling the firm to offer regulated digital asset and UAE dirham conversions for institutional clients.
Crypto trading giant Wintermute has secured US regulatory approval, registering its subsidiary Wintermute USA LLC as a broker-dealer with the SEC and gaining FINRA membership to act as an authorized participant for digital asset exchange-traded products.
Wintermute's US affiliate, Wintermute USA LLC, has registered with the SEC and FINRA as a broker-dealer, enabling the crypto trading firm to expand into traditional financial services, including trading stocks and stock options.
Wintermute USA a obtenu son enregistrement comme broker-dealer auprès de la SEC et son adhésion à la FINRA. Cette autorisation lui permet de viser le marché des ETF, des actions tokenisées et de rivaliser avec les géants traditionnels.
BitGo and OTC Markets Group plan to partner on digital asset trading and custody infrastructure for over 150 broker-dealers using OTC Link ATS. This alliance aims to expand institutional access to tokenized securities through existing market infrastructure, leveraging BitGo Bank & Trust as custodian.
The SEC has scheduled three crypto-related rule proposals for July, focusing on token offerings, broker-dealer custody, and trading venues. These proposals could advance the regulatory process before Congress decides on the CLARITY Act, potentially shaping the future of crypto regulation in the US.
Kraken's parent company, Payward, received preliminary authorization from Dubai's Virtual Asset Regulatory Authority (VARA) to offer virtual asset services to retail and professional investors in the emirate.
