Category: Crypto
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Singapore Central Bank to tighten crypto speculation rules, eases investment qualifications
Singapore Central Bank to Tighten Crypto Speculation Rules, Eases Investment Qualifications The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulatory authority, has announced new measures to tighten regulations surrounding cryptocurrency speculation while simultanesously relaxing investment qualifications for individuals. The move comes amidst increasing concerns about the potential risks associated with digital…
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Circle partners with SBI Holdings to support USDC in Japan
San Francisco, California – April 15, 2022 Circle, a leading global financial technology company, has announced a strategic partnership with SBI Holdings, a renowned financial conglomerate headquartered in Japan. This collaboration aims to support and facilitate the use of USD Coin (USDC), a stablecoin pegged to the US dollar, in the Japanese market. …
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Zipmex halts trading activity in Thailand
Zipmex Halts Trading Activity in Thailand Zipmex, a Leading Digital Assets Exchange, Pauses Operations in Thailand Published on February 15, 2023 Zipmex, one of the most prominent digital assets exchange platforms in Southeast Asia, has temporarily halted trading activity in Thailand. This surprising move comes amid ongoing regulatory uncertainties and compliance requirements imposed by the…
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iPeakoin raises almost USD 10 million in Series A funding
iPeakcoin raises almost USD 10 million in Series A funding iPeakcoin, a leading blockchain technology firm, has successfully secured nearly USD 10 million in its Series A funding round. This massive influx of capital sets the stage for rapid growth and development for the company. The Series A funding was led by prominent venture…
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Raiffeisen Bank to roll out crypto trading
Raiffeisen Bank, one of the leading financial institutions, has announced its plans to enter the world of cryptocurrency trading. This move will enable its customers to buy, sell, and hold digital assets directly through their bank accounts. With cryptocurrency gaining significant momentum around the globe, traditional banks are recognizing the need to adapt…
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Kraken charged with operating as an unregistered securities exchange
Published on February 15, 2022 The popular cryptocurrency exchange, Kraken, finds itself in hot water as it has recently been charged with operating as an unregistered securities exchange. This news has sent shockwaves through the cryptocurrency industry and caught the attention of regulators worldwide. What is Kraken? Kraken is a well-known and respected cryptocurrency exchange…
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Bit.Store introduces KYC free virtual cards
Bit.Store, a leading digital payment solutions provider, has recently unveiled their latest offering: KYC (Know Your Customer) free virtual cards. This new development aims to revolutionize online transactions by offering a seamless and hassle-free experience for users. The Era of KYC-Free Transactions KYC regulations have long been a burden…
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South Korea plans a CBDC pilot in 2024
The South Korean government has recently announced its plans to conduct a pilot of Central Bank Digital Currency (CBDC) in 2024. This move highlights the country’s desire to stay at the forefront of financial innovation and digital transformation. CBDC refers to a digital form of fiat currency that is issued and regulated by the central…
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KuCoin launches KuCard, a crypto card powered by Visa
KuCoin, one of the leading cryptocurrency exchanges, has announced the launch of their revolutionary crypto card – KuCard. This card, which is powered by Visa, aims to bridge the gap between the digital and traditional financial sectors by enabling users to seamlessly spend their cryptocurrencies for everyday transactions. The…
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Xion Global taps G+D to launch a new financial solution
Xion Global, a rapidly growing fintech company, has partnered with G+D, a leading global technology provider, to introduce an innovative financial solution that aims to revolutionize the consumer banking experience. The collaboration between Xion Global and G+D brings together their expertise in financial technology and secure digital solutions, creating a powerful synergy to bring the…
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Binance agrees to USD 4 billion settlement in US crypto probe
In a landmark development, Binance, one of the largest cryptocurrency exchanges, has agreed to a massive USD 4 billion settlement following a probe conducted by US authorities. The settlement comes as a result of allegations of regulatory violations and concerns around anti-money laundering protocols. Binance, headquartered in the Cayman Islands but with a wide global…
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Coincover partners with Utila to improve crypto asset management
Leading cryptocurrency protection provider, Coincover, has announced a strategic partnership with Utila, a renowned blockchain asset management platform. This collaboration aims to strengthen the security and management of cryptocurrency investments, ensuring enhanced peace of mind for investors. As the interest in cryptocurrencies continues to grow worldwide, managing these digital assets efficiently has become increasingly challenging.…
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STICPAY collaborates with Ness LAB
STICPAY, a leading online payment platform, has announced an exciting collaboration with Ness LAB, a renowned technology innovation company. This strategic partnership aims to combine the expertise and resources of both entities to support the evolution of online payment solutions and enhance user experience across various industries. The Power of Collaboration By…
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BBVA Switzerland expands partnership with Metaco
BBVA Switzerland, the Swiss arm of the multinational financial services company, has announced an expansion of its partnership with Metaco, a leading provider of digital asset infrastructure solutions. The extended partnership aims to combine BBVA’s global banking experience and expertise in digital transformation with Metaco’s cutting-edge technology solutions for digital assets, enabling BBVA Switzerland to…
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GCEX obtains an operational VASP licence in Dubai
Exciting news for global financial services provider GCEX as the company announces the successful acquisition of an operational VASP (Virtual Asset Service Provider) license in Dubai, enabling them to enhance their presence in the rapidly growing crypto market of the Middle East. The VASP license, granted by the Dubai Financial Services Authority (DFSA), will allow…
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Bitget Wallet launches a Web3 exploration incentive platform
Bitget Wallet, a leading blockchain technology company, has recently announced the launch of its new Web3 exploration incentive platform. This platform aims to further encourage users to explore the potential of Web3 technologies and applications. With the growing popularity of blockchain and decentralized applications (dApps), Bitget Wallet has recognized the need to support users in…
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Coinbase SMA expands digital asset solutions for institutions
Coinbase SMA Expands Digital Asset Solutions for Institutions By Coinbase News Team | Published on December 12, 2022 Coinbase, the leading cryptocurrency exchange, has recently announced the expansion of its Coinbase SMA (Strategic Market Access) platform, offering enhanced digital asset solutions tailored specifically for institutions. Meeting Institutional Demands for Enhanced Digital Asset Solutions In response…
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Ant International reveals treasury management solutions
Today, Ant International announced its latest offering in the financial technology landscape. With an aim to revolutionize treasury management for businesses, Ant International unveiled a suite of comprehensive solutions that will streamline and optimize financial operations. “Our treasury management solutions provide businesses with advanced tools to effortlessly manage their cash flows, liquidity, and financial risks.…
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Zodia Markets announces a strategic partnership with Triple-A
Published on 5th August 2022 Zodia Markets, a leading global financial institution, has recently announced a groundbreaking strategic partnership with Triple-A, a renowned technology solutions provider. This collaboration is poised to create exciting opportunities in the financial industry. The alliance between Zodia Markets and Triple-A aims to combine their expertise in finance and technology to…
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HAYVN Pay partners with Akurateco to support crypto payments
HAYVN Pay, a leading global payment gateway, has announced its partnership with Akurateco, a well-established financial technology platform, to enable crypto payment options for businesses worldwide. This collaboration is set to revolutionize the way businesses accept online payments, catering to the growing demand for alternative payment methods. As the world rapidly adopts digital currencies, HAYVN…