Binance says it has been in contact with the Securities Commission Malaysia and the central bank for approximately 10 months, discussing the feasibility of providing products and services locally under a license. If approved, Binance may officially re-enter the local market.
PANews cited CNBC as saying that Blockchain.com has applied in the United States for CFTC a Designated Contract Market (DCM) license DCM and FCM a Futures Commission Merchant (FCM) license, with plans to offer U.S. users event contracts and crypto derivatives trading after approval.
Alpaca's Southeast Asia headquarters has received in-principle approval from the Monetary Authority of Singapore for a Capital Markets Services licence. After meeting the conditions and formally obtaining the licence, it plans to provide brokerage and custody services.