Category: Crypto
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Regula updates its Document Reader SDK
Stay up to date with the latest features and improvements What is Regula Document Reader SDK? Regula Document Reader SDK is a powerful tool that allows you to quickly and accurately extract data from various types of identification documents, including passports, driver’s licenses, and national ID cards. It is used by businesses and government agencies…
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Currencycloud receives in-principle approval in Singapore
Exciting news for Currencycloud as they recently announced that they have received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a remittance business in Singapore. This approval marks a significant milestone for Currencycloud as it expands its global footprint and establishes a presence in the thriving Asian market. With Singapore being…
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Eurojust aids cross-border crackdown on EUR 2 bln fraud scheme
Eurojust, the European Union’s Judicial Cooperation Unit, has played a pivotal role in a cross-border crackdown on a EUR 2 billion fraud scheme. This operation involved cooperation between authorities in multiple EU member states to dismantle a sophisticated criminal network. According to Eurojust, the fraud scheme involved money laundering, tax evasion, and other financial crimes.…
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Karma3 Labs raises USD 4.5 mln to improve trust in web3
Karma3 Labs, a blockchain technology company, has announced that it has successfully raised USD 4.5 million in a recent funding round. The company’s mission is to improve trust in web3 through its innovative solutions that harness the power of blockchain technology. With this latest round of funding, Karma3 Labs plans to further develop its technology…
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CoinsPaid offers crypto payments for Estonian auto parts retailer
CoinsPaid, a leading provider of cryptocurrency payment solutions, has partnered with an Estonian auto parts retailer to offer customers the option to pay with digital assets. The partnership between CoinsPaid and the auto parts retailer will allow customers to purchase auto parts and accessories using popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. This move…
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KuCoin taps Revolut to streamline euro-to-crypto purchases
KuCoin, one of the leading cryptocurrency exchanges, has partnered with Revolut, a popular fintech app, to simplify the process of purchasing cryptocurrencies with euros. This partnership aims to provide a seamless and user-friendly experience for individuals looking to invest in digital assets. Revolut is known for its innovative approach to banking and finance, offering a…
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Clear Junction joins UK Cryptoasset Business Council
Clear Junction, a leading London-based payment infrastructure provider, has announced its membership in the UK Cryptoasset Business Council. The Council, established by the trade association CryptoUK, aims to champion best practices in the cryptoasset industry and foster collaboration between businesses, regulators, and policymakers. As a member of the UK Cryptoasset Business Council, Clear Junction…
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Gemini agrees to return at least USD 1.1 billion to clients
Gemini Agrees to Return at Least USD 1.1 Billion to Clients Gemini, a popular cryptocurrency exchange, has reached an agreement to return at least USD 1.1 billion to its clients. The exchange had previously frozen the accounts of some of its users due to regulatory concerns, causing significant backlash from the community. The agreement comes…
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Kraken launches Kraken Institutional brand
Kraken Launches Kraken Institutional Brand Leading cryptocurrency exchange, Kraken, has announced the launch of its new brand specifically tailored for institutional clients – Kraken Institutional. This move comes as part of Kraken’s ongoing efforts to expand its services and cater to the needs of a wider audience. With the cryptocurrency market gaining more mainstream acceptance,…
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Blokko.io partners with Triple-A to support digital payments in LATAM
Exciting news for the Latin American market as Blokko.io, a leading digital payment platform, has announced their partnership with Triple-A, a prominent financial services provider in the region. This collaboration is set to revolutionize the way digital payments are made in LATAM. The Benefits of the Partnership By joining forces, Blokko.io and Triple-A aim to…
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Judge accepts Binance’s USD 4.3 billion plea deal
In a landmark decision, a federal judge has accepted cryptocurrency exchange Binance’s plea deal to pay USD 4.3 billion in fines for alleged money laundering and securities violations. Binance, one of the largest cryptocurrency exchanges in the world, has been under investigation by regulatory authorities for several months. The exchange was accused of facilitating money…
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AU10TIX launches KYB/KYC solution verifying against government registries
Leading identity verification and authentication provider AU10TIX has announced the launch of its latest Know Your Business (KYB) and Know Your Customer (KYC) solution. This cutting-edge solution allows businesses to verify their customers against government registries, ensuring compliance with regulations and safeguarding against fraud. By leveraging AU10TIX’s advanced technology, businesses can now streamline their KYB/KYC…
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Texas Blockchain Council takes legal action against EIA
The Texas Blockchain Council has made headlines once again, this time for taking legal action against the Energy Information Administration (EIA) over alleged regulatory overreach in the blockchain industry. The council, which represents various blockchain companies and organizations in Texas, filed a lawsuit against the EIA in federal court last week. Allegations of regulatory overreach…
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Swoo offers crypto cashback services via Mastercard partnership
Swoo, a leading cashback platform, has partnered with Mastercard to offer crypto cashback services to its users. This strategic partnership brings together the convenience of cashback rewards with the innovative world of cryptocurrency. Users of Swoo will now have the option to receive their cashback rewards in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. This…
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Ripple partners with Commercial International Bank (CIB)
Ripple, the blockchain technology company known for its digital payment protocol, has announced a partnership with Commercial International Bank (CIB). This partnership marks a significant milestone for both companies as they aim to revolutionize the cross-border payments industry. What does this partnership entail? As part of the partnership, CIB will leverage Ripple’s blockchain technology to…
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Mastercard partners with Swoo to offer crypto cashback services
Mastercard has announced a new partnership with Swoo to offer crypto cashback services to its customers. This collaboration will allow Mastercard users to earn cashback rewards in the form of cryptocurrency when they make purchases using their Mastercard. With the increasing popularity of cryptocurrency, Mastercard is looking to cater to the growing demand for digital…
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Coinbase Commerce ceases support for Bitcoin & UTXO coins
Coinbase Commerce ceases support for Bitcoin & UTXO coins As of June 2019, Coinbase Commerce has announced that it will be ceasing support for Bitcoin and UTXO coins. This decision has come as a surprise to many in the cryptocurrency community, as Coinbase has long been known as one of the leading platforms for buying,…
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Revolut to launch advanced cryptocurrency exchange
Revolut, the popular digital banking platform, has announced plans to launch an advanced cryptocurrency exchange. This new feature will allow users to trade a variety of cryptocurrencies directly within the Revolut app. The exchange will offer a user-friendly interface that makes it easy for both novice and experienced traders to buy, sell, and trade cryptocurrencies.…
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Fordefi raises USD 10 mln to expand its self-custodial wallet
Fordefi, the leading provider of self-custodial wallet solutions, has recently raised a massive USD 10 million in a Series A funding round. The company plans to utilize this fresh capital injection to significantly expand its operations and enhance its self-custodial wallet features. A self-custodial wallet, also known as a non-custodial wallet, puts the control of…