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Over dozens of Traditional financial giants have been constantly digging into the potential of cryptocurrencies; in the past few years, several banks have secured licenses to establish their crypto services.&nbsp;
A recent announcement by Bank notes that it has secured a green signal from the regulator; now, its provincial subsidiary can work in Liechtenstein. The bank seeks to provide its services in the EU with the market’s core.&nbsp;&nbsp;&nbsp; 
The bank is continuously boosting its existence in cryptocurrency; however, it has already been authorized to operate in Abu Dhabi and Luxembourg. Experts argue that Sygnum is prepared to debut the digital asset market of Hong Kong, which is the fastest-evolving market in Asia.&nbsp;
In Liechtenstein, its subsidiary is now authorized to operate as a crypto asset service provider (CASP) for brokerage, custody, and B2B banking.&nbsp;
Martin Burgherr, CCO at Sygnum, said, “The registration as CASP in Liechtenstein paves the way for a significant expansion of our regulated footprint into the EU, the world’s largest trading bloc.”&nbsp;&nbsp; Related News&nbsp; 
CB Bahrain has given a full payment service provider license to Crypto(dot)com; with this authorization, the regional subsidiary of the centralized exchange will be able to offer e-money and trust services, including the issuance of prepaid cards.&nbsp;
On September 17, 2024, <a href="https://news.todayq.com/nft-market-boom-known-origin-65406-traded-for-120399/" target="_blank" rel="noopener noreferrer nofollow">Todayq </a>wrote that DBS Bank plans to launch over-the-counter (OTC) crypto options trading and structured notes for qualified institutional investors in the coming months.&nbsp; Other Market News Updates 
Surging stealings in the cryptocurrency market have raised severe concerns over the security of digital assets. Today, a blockchain analysis firm informed us that a group of notorious hackers had looted a DeFi based on the Binance chain.&nbsp;
Bankroll Status: decentralized finance has been drained for $230k in cryptocurrencies by dualpool hackers. Our system has detected a suspicious transaction involving Bankroll Status on BNB with a loss of 230k, Cyvers X post notes.&nbsp;
🚨ALERT🚨Our system has detected a suspicious transaction involving
In the past 24 hours, global NFT trading volume has increased by over 7%, and Known Origin #65406 became the most pricey NFT sold at roughly $120k. NodeMonks NFTs have become the most traded in a week as its buying volume surged around 33%.&nbsp;
During a discussion with CNBC reporter Larry Fink, the CEO of BlackRock, he argued that it could reach $100,000 soon. Additionally, Fink said he was a skeptic before intensely exploring and studying cryptocurrencies.&nbsp; Crypto Market Price Updates 
In the past 48 hours, a strong bull dominance has been observed in the broader market; when writing, the <a href="https://news.todayq.com/bitcoin-to-hit-100000-blackrocks-larry-fink-bullish-on-crypto/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency </a>market capitalization was $2.23 trillion, with a surge of 8.25% in the past seven days.&nbsp;
The intraday gainer’s list is led by Bittensor (TAO) as its trading price surged around 17%, reaching $526.02, followed by Immutable (IMX) at $1.80 with a surge of 10.46%.&nbsp;&nbsp;

Sygnum Bank Expands EU Presence with Liechtenstein Crypto License

Todayq News

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