According to Cointelegraph, the hybrid cryptocurrency exchange GRVT is the latest industry company to receive regulatory approval from the Bermuda Monetary Authority (BMA). GRVT announced today that it has obtained a Modified (M) Digital Asset Business License from BMA, allowing the exchange to operate as a regulated decentralized exchange (DEX). Hong Yea, co-founder and CEO of GRVT, stated that after obtaining the initial M-class license under the Bermuda Digital Asset Business Act (DABA), GRVT aims to obtain a full (F) class license by mid-2025 and further expand its business in a sandbox environment. @ftiioma2