Category: Crypto
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Chase UK to ban crypto purchases amid rising fraud concerns
Chase UK to Ban Crypto Purchases Amid Rising Fraud Concerns In a move that deepens the divide between traditional banking and the cryptocurrency industry, Chase UK has announced its decision to ban crypto purchases for its customers citing escalating concerns over rising fraud and security risks. The decision comes amidst a surge in financial scams…
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Protocol Labs and Consensys partner to help blockchain ventures
Protocol Labs and Consensys Partner to Help Blockchain Ventures Protocol Labs, known for its innovative contributions to the distributed web and decentralized protocols, has announced a strategic partnership with Consensys, a leading blockchain software company. This collaboration aims to support and nurture blockchain ventures, fostering the growth of this transformative technology across various industries. The…
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Bank ABC leverages J.P. Morgan’s Coin Systems for blockchain payments
Blockchain technology, with its potential to revolutionize various industries, has found another major breakthrough in the financial sector. Bank ABC, one of the leading financial institutions, has teamed up with J.P. Morgan to leverage their innovative Coin Systems for blockchain payments. Bank ABC’s decision to collaborate with J.P. Morgan stems from their pursuit to enhance…
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iStudio and Triple-A enable payments with crypto for Apple products
Apple products (Image source: TechRadar) Exciting news for tech enthusiasts! iStudio, a well-known Apple authorized reseller, has joined forces with Triple-A, a leading cryptocurrency payment processor, to offer customers the ability to purchase Apple products using cryptocurrencies. This partnership aims to bridge the gap between traditional payment methods and the rapidly growing popularity of cryptocurrencies.…
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RocketFuel joins forces with AvecPay
Exciting Partnership Shakes Up Financial Market In a ground-breaking move, RocketFuel, a leading financial technology (fintech) company, has officially announced its partnership with AvecPay, a rising star in the payment processing industry. This collaboration is set to bring about significant disruptions and innovations within the financial market. What does this mean for users? RocketFuel’s expertise…
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Allied Bank Synapsify and Fasset collaborate on Web 3.0 initiative
In an exciting new partnership, Allied Bank Synapsify and Fasset have joined hands to revolutionize the financial industry as part of the Web 3.0 initiative. This collaboration aims to bring about a significant transformation in the digital landscape by incorporating advanced technologies, decentralized finance, and enhanced user experiences. Web 3.0: The Future of the Internet…
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Temenos showcases support for CBDC wallets
Temenos Showcases Support for CBDC Wallets Temenos, the renowned banking software company, has recently announced its support for Central Bank Digital Currency (CBDC) wallets. This move demonstrates Temenos’ commitment to empowering financial institutions with cutting-edge technology that can facilitate the usage and adoption of digital currencies. The rise of CBDCs, digital representations of fiat…
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Fireblocks partners with Asset Reality
Fireblocks, a leading platform for digital asset security, has announced a strategic partnership with Asset Reality, a prominent blockchain-based investment firm. This partnership aims to bring enhanced security and efficiency to the digital asset space, providing a comprehensive investment solution to various market participants. Fireblocks offers an institutional-grade platform that…
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PayPal makes PYUSD available to select Venmo users
PayPal, the leading online payment platform, has recently unveiled an exciting new feature for select Venmo users: the availability of their exclusive digital currency called PYUSD. This latest development aims to enhance user experiences and further revolutionize the digital payment industry. What is PYUSD? PYUSD stands for PayPal Yield USD and is a digital currency…
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Malta to change crypto guidelines for MiCA
Malta, known for its pro-cryptocurrency stance, has announced plans to update its crypto guidelines in response to the European Union’s proposed Markets in Crypto-assets Regulation (MiCA). MiCA aims to introduce a comprehensive regulatory framework for digital assets and cryptocurrencies across the EU. The regulation, if implemented, would provide legal certainty and foster innovation while protecting…
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HAYVN partners with Hilbert to expand asset management offerings
In a strategic move to enhance their asset management services, HAYVN, a renowned financial solutions provider, has joined forces with Hilbert, a leading investment advisory firm. This partnership aims to strengthen the already impressive lineup of investment options offered by HAYVN, further solidifying its position in the industry. Hilbert, known for its expertise in managing…
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Taiwan and El Salvador collaborate on crypto regulation
In a landmark move, Taiwan and El Salvador have joined hands in a collaborative effort to establish regulations for the crypto industry. This partnership marks an important step for both countries in fostering innovation and ensuring the digital assets market’s healthy growth. Taiwan, known for its technological advancements and supportive stance towards cryptocurrencies, has emerged…
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Standard Chartered subsidiary Zodia Custody launches in Singapore
Singapore, January 1, 2023 – Standard Chartered, a globally recognized banking and financial services company, has officially launched its subsidiary, Zodia Custody, in Singapore. This move aims to provide comprehensive digital asset custody services to institutional investors, family offices, and asset managers in the region. Zodia Custody offers secure storage solutions for cryptocurrencies and other…
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India to finalise its individual position on crypto
India to Finalise its Individual Position on Crypto Introduction India, one of the world’s largest economies, is currently in the process of determining its stance on cryptocurrency. With the rise of digital currencies such as Bitcoin, Ethereum, and many others, countries around the globe are grappling with the regulatory frameworks required to govern this innovative…
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Deloitte enters a strategic alliance with Bitwave
Deloitte, one of the world’s leading consulting firms, has announced a strategic alliance with Bitwave, a prominent technology company specializing in blockchain and distributed ledger technologies. Enhancing consulting services This exciting collaboration aims to bring together the extensive industry expertise of Deloitte and the innovative technological solutions offered by Bitwave. As a result, clients will…
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Deutsche Bank partners with Taurus
Introduction Deutsche Bank, a leading global banking institution, has entered into an exciting partnership with Taurus, a renowned Swiss digital asset and blockchain infrastructure provider. This collaboration aims to revolutionize the financial industry by combining traditional banking services with cutting-edge technology, paving the way for secure and efficient digital asset management. Why this partnership matters…
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Ant Group Digital Technologies launches ZAN brand
Ant Group Digital Technologies, a leading technology company and affiliate of Alibaba Group, has announced the launch of its new brand called ZAN. With this highly anticipated move, Ant Group aims to revolutionize the digital technology landscape and further strengthen its position as a global leader in the industry. About ZAN ZAN is an innovation-driven…
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BitPay rolls out PayPal USD payments for merchants and consumers
Image source: bitpay.com BitPay, a leading provider of blockchain payment services, has announced the introduction of PayPal USD payments for both merchants and consumers. This new feature will enable BitPay users to easily transact using PayPal’s widely accepted platform, offering greater convenience and expanding payment options. The integration of PayPal USD payments is a significant…
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Ripple agrees to acquire Fortress Trust
Last Updated: November 1, 2022 Ripple, the leading blockchain technology company, has recently announced its decision to acquire Fortress Trust, a prominent financial services provider. This strategic acquisition marks a significant milestone for both companies and the broader blockchain industry. Fortress Trust, a trusted name in the financial sector, specializes in offering a wide range…
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Coinbase disables user sign-ups on its exchange in India
Coinbase Disables User Sign-ups on Its Exchange in India Coinbase, one of the world’s leading cryptocurrency exchanges, has announced that it is temporarily disabling user sign-ups for its platform in India. This decision comes as a result of recent regulatory concerns and uncertainty surrounding cryptocurrency operations in the country. With the growing popularity of cryptocurrencies…