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Bitpanda obtains German crypto license as crypto platforms want to prove they are legit

TechCrunch

Bitpanda has received a crypto license from Germany’s financial regulator (BaFin). Its German subsidiary is now officially allowed to process cryptocurrencies for German customers under its Crypto Custody and Proprietary Trading license. It holds a similar license, but it is a U.S.-based based company. million customers.

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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities.

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Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

TechCrunch

Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount, Crypto.com said. . Crypto.com expands venture arm to $500 million to back early-stage web3 startups.

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Our data licensing and API with X is an incredible business. Video calls are coming to X CEO Linda Yaccarino confirmed in her first TV interview that video calls will be a new feature coming to the service, as part of its transformation into an “everything app.” The service was recently renamed to XBlue during the Twitter rebrand to X.

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