Category: Crypto
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Commerzbank can now offer crypto custody services in Germany
Commerzbank, one of Germany’s leading financial institutions, has announced that it is now able to offer crypto custody services to its clients. This move comes as part of the bank’s efforts to adapt to the changing digital landscape and tap into the growing demand for cryptocurrencies. With this new offering, Commerzbank aims to provide a…
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Trading Strategy partners with Enzyme to augment on-chain asset management
Trading Strategy, a leading blockchain-based investment firm, has announced its partnership with Enzyme, the decentralized finance (DeFi) platform focused on on-chain asset management. This collaboration aims to enhance the capabilities of on-chain asset management, providing traders with advanced tools and a seamless experience. Revolutionizing On-Chain Asset Management With the recent surge in popularity of decentralized…
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MAS is working with the financial industry to support asset tokenization
The Monetary Authority of Singapore (MAS) has been actively collaborating with the financial industry to explore and support asset tokenization, a growing trend in the financial landscape. Asset tokenization refers to the process of converting real-world assets, such as real estate properties, art, or even commodities, into digital tokens on a blockchain or distributed ledger.…
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Banking Circle partners with Ant Group
Banking Circle, a prominent financial infrastructure provider, has recently announced its partnership with Ant Group, a well-known global technology leader offering digital payment and lifestyle platforms. This significant collaboration is expected to deliver enhanced and seamless financial solutions to businesses operating in the global market. With the rising demand for digital financial services, this partnership…
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Fnality raises USD 95 million in a Goldman-led funding round
Fnality, a blockchain-based payments system provider, recently announced that they successfully raised USD 95 million in a funding round led by Goldman Sachs. This latest funding round has showcased the growing interest in blockchain-based solutions for the financial industry. Fnality’s innovative technology aims to transform cross-border payments and settlements by leveraging the efficiency and transparency…
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Bithumb eyes South Korean IPO in the second half of 2025
Introduction Bithumb, one of the leading cryptocurrency exchanges in South Korea, has announced its plans to go public through an initial public offering (IPO) in the second half of 2025. The decision to pursue an IPO comes as part of the company’s strategy to expand its operations and solidify its position…
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SC Ventures partners with SBI Holdings
In an exciting collaboration, SC Ventures has announced a new partnership with SBI Holdings, a leading global financial services group. SC Ventures, the innovation and ventures arm of Standard Chartered Bank, aims to drive innovation and foster partnerships to deliver transformative ventures. With SBI Holdings’ global reach and expertise in financial services, this partnership brings…
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EU Proposes stringent rules for stablecoin issuers
The European Union (EU) has recently put forth a proposal for the implementation of more stringent regulations aimed at stablecoin issuers. Stablecoins, which are cryptocurrencies designed to maintain a stable value by pegging them to another asset like fiat currencies, have gained significant attention in recent years and are increasingly being used as a medium…
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Binance launches its own self-custody Web3 wallet
Exciting news for crypto enthusiasts! Binance, one of the world’s leading cryptocurrency exchanges, has announced the launch of its very own self-custody Web3 wallet. This move marks a significant step towards decentralization and provides users with greater control over their digital assets. Binance Wallet The Binance Web3 wallet is designed to be a secure and…
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HSBC Partners with Metaco for an institutional digital asset custody service
HSBC, one of the world’s largest banking and financial services organizations, has announced its partnership with Metaco, a leading provider of digital asset solutions for institutional clients. Expanding into the Digital Asset Space As the demand for digital asset solutions continues to rise, HSBC aims to meet the growing needs of institutional clients seeking secure…
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Wirex announces Metal Card and membership plan enhancement
London, March 15, 2022: Wirex, a leading cryptocurrency payment platform, has recently introduced its highly anticipated Metal Card and enhanced its membership plans, expanding its offerings to customers. The Wirex Metal Card is a sleek, premium-grade payment card made entirely of metal, ensuring durability and luxury. With its luxurious aesthetics, the Metal Card is…
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Denmark shifts to MitID as legacy digital ID becomes inactive
In a significant stride towards a more secure and efficient digital identification system, Denmark has successfully transitioned from its legacy digital ID to MitID. This shift marks a monumental step for the country’s digital infrastructure and aims to provide its citizens with enhanced authentication and access to various digital services. MitID, an abbreviation for ”Mit…
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ADX partners with HSBC to create digital fixed-income securities
The Abu Dhabi Securities Exchange (ADX) has recently announced a partnership with HSBC to develop and introduce digital fixed-income securities as part of its digital transformation strategy. This collaboration aims to leverage HSBC’s expertise in investment banking and ADX’s technological capabilities to create a more efficient and accessible fixed-income securities market in the United Arab…
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Arta TechFin partners with Chainlink Labs
Arta TechFin, a leading innovator in the financial technology sector, has recently announced a strategic partnership with Chainlink Labs, a renowned blockchain intermediary. This collaboration aims to revolutionize the financial landscape by integrating blockchain technology and smart contracts into Arta TechFin’s existing suite of financial services.…
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Standard Chartered HK and G+D detail findings on e-HKD pilot
Introduction Standard Chartered HK, in collaboration with renowned technology company G+D, has disclosed the results of their pilot program, focusing on the use of electronic Hong Kong Dollars (e-HKD) in various financial transactions. The e-HKD Pilot Program The pilot program was designed to explore the potential of e-HKD, the digital version of the Hong Kong…
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Ripple becomes technology partner of National Bank of Georgia
In a groundbreaking move, Ripple, the global blockchain payments firm, has announced its partnership with the National Bank of Georgia. The collaboration marks a significant milestone in the adoption of blockchain technology within the financial sector of Georgia. Ripple’s innovative payment network, based on distributed ledger technology, aims to revolutionize the way international payments are…
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BitGo obtains a crypto custody licence in Germany
[Current Date] BitGo, a renowned leader in institutional-grade cryptocurrency security solutions, announced today that it has successfully secured a crypto custody licence in Germany, signaling its commitment towards expanding its services across European markets. The licence granted by the German Federal Financial Supervisory Authority (BaFin) allows BitGo …
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TransFi partners with Volt
Revolutionizing Transportation: TransFi and Volt In a groundbreaking move, TransFi, a leading transportation company, has announced a strategic partnership with Volt, a cutting-edge electric vehicle manufacturer. This alliance aims to shape the future of transportation by combining TransFi’s expertise in urban mobility solutions with Volt’s advanced electric vehicle technology. TransFi, known for its commitment to…
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Visa concludes pilot testing of digital Hong Kong dollar with local banks
In exciting news for the digital currency world, Visa, the global leader in payments technology, has successfully concluded its pilot testing of the digital Hong Kong dollar in collaboration with local banks. This groundbreaking development paves the way for a future where digital currencies become an integral part of everyday transactions. Visa’s pilot program involved…
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HSBC tests tokenised deposit-based treasury management tools
HSBC, one of the world’s largest banking and financial services organizations, has announced that it is conducting trials of tokenised deposit-based treasury management tools. This move is aimed at improving efficiency and security in managing treasury operations for businesses. Tokenisation refers to the process of converting a piece of valuable or sensitive information into a…