Maltese VASP license
Malta has introduced a regulatory framework for virtual financial assets (VFAs) under the Virtual Financial Assets Act (VFAA) and the Virtual Financial Assets Regulations (VFAR). The requirements for obtaining a VASP license in Malta may include the following: Incorporation: Establishment of a legal entity in Malta, such as a limited liability company, which will be […]
VASP License- Singapore
In Singapore, virtual asset service providers (VASPs) are regulated under the Payment Services Act and must obtain a license to operate legally. The Monetary Authority of Singapore (MAS) is the regulatory body responsible for overseeing virtual asset-related activities in Singapore. Working with MAS can be a comprehensive and structured process. MAS is the regulatory authority […]
EMI License in the Netherlands
The Netherlands has built a reputation for itself as an innovative, progressive jurisdiction when it comes to the payments and fintech sectors. Recently, the country has become more popular among payment services providers and fintech companies due to its high pace of licenses granted and its ever-increasing innovative approach in regards to these industries. Among […]
Virtual Assets Services Licenses in the UAE
The Abu Dhabi Global Market (ADGM) is one of the regulatory authorities in the UAE and has the most comprehensive payments and virtual assets regimes in the UAE market. ADGM licenses activities include (i) multilateral trading facility for virtual assets (i.e. a secondary market trading platform), (ii) brokerage, custodianship and issuance platforms for virtual assets, […]
Porat Group is hosting the first Crypto Algo-Trade Flash session
The Porat Group team is excited to announce, as well as invite our clients and partners to the first crypto Algo-Trade Flash session, organized by Porat Group in collaboration with Binance, Knowledge and Innovation, KPMG Israel and HDI (Hawk Digital Innovation). Due to our long standing interest and expertise in the blockchain industry, Porat Group […]
Our attendance at the Crypto: Tel Aviv Convention
Several representatives of Porat Group will be attending the Crypto: Tel Aviv convention at ZOA House in Tel Aviv on June 17th 2021. Porat Group provides full-scale crypto legal services as well as a wide range of relevant connections for every crypto/Blockchain business and we would be happy to meet with others active in the […]
Cryptocurrency Business Promotion and PR Services
The cryptocurrency and blockchain space being such a new phenomena, with even the oldest companies in the space being just a few years old, combined with a lack of understanding for the space had led to difficulties promoting and advertising cryptocurrency and blockchain businesses in many cases. Traditional advertising solutions and media agencies, newspapers and […]
New policy statement by the FCA in the UK regarding crypto assets
Recently, the Financial Conduct Authority, or FCA, in the United Kingdom issued a policy statement with the title PS 20/10. This policy statement prohibits both the sale, promotion and distribution of crypto derivatives (including CFDs) and crypto ETNs, as well as basically every financial instrument that references crypto assets or has crypto assets as the […]
Regulation of cryptocurrencies
Cryptocurrencies, and in some cases their incredible rollercoaster value fluctuations, have featured heavily in most major news outlets and have been debated a great deal in recent years. The regulation of cryptocurrencies did not keep quite the same pace for many years, but in recent years the regulating initiatives all over the world have become […]
Cryptocurrency exchange regulation in Malta
Malta might not be the biggest country in terms of size but it has certainly positioned itself as a global leader when it comes to cryptocurrency regulations, aiming to become known as the ‘blockchain island” worldwide. One of the first countries in the entire world to regulate the cryptocurrency business, it is also a top […]