Blockchain & Digital Assets

May 31, 2024 @ 10:32 am By JD Alois  |  

The  Subcommittee on Digital Assets, Financial Technology, and Inclusion, part of the House Financial Services Committee, has scheduled a hearing to review the tokenization of real-world assets (RWA). Typically, this entails utilizing blockchain (or DLT) technology to turn assets into digital assets.  While traditional securities… Read More

May 31, 2024 @ 9:35 am By Omar Faridi  |  

OKX and Jambo, a Web3 mobile infrastructure builder, have recently announced a partnership aimed at enhancing the accessibility of the digital economy in emerging markets by combining advanced Web3 and mobile technologies. This partnership reportedly follows “a strategic investment in Jambo made by OKX’s investment… Read More

May 31, 2024 @ 9:24 am By Omar Faridi  |  

Ripple, the provider of enterprise blockchain and crypto solutions, announced today a $25 million contribution to Fairshake, a federal super PAC committed to supporting pro-crypto, pro-innovation political candidates during the 2024 elections. This investment is in addition to the $25 million Ripple contributed “to Fairshake… Read More

May 30, 2024 @ 10:48 pm By Omar Faridi  |  

Nomura Holdings and Laser Digital partner with GMO Internet Group to explore the issuance of JPY and USD stablecoins in Japan. This partnership between GMO Internet Group, Inc., Nomura Holdings, Inc., and Laser Digital Holdings AG aims “to leverage our track record in stablecoin issuance… Read More

May 30, 2024 @ 1:49 pm By Omar Faridi  |  

Andy Bromberg, a blockchain industry professional focused on supporting Eco, which enables crypto payments that work, and a co-founder of CoinList, notes via social media that the summer of Eco is on the way. Bromberg reveals that in the next 6 months, there will be… Read More

May 30, 2024 @ 11:48 am By JD Alois  |  

SEC Commissioner Hester Peirce has publicly shared a comment on a consultation in the UK. Launched last April, the proposal is for a Digital Securities Sandbox (DSS) initiated by the UK Financial Conduct Authority and the Bank of England. The deadline for feedback from interested… Read More

May 30, 2024 @ 10:03 am By Omar Faridi  |  

The New York Department of Financial Services (NYDFS) has shared a consumer alert update for Gemini Earn customers. Gemini Trust Company, a New York State chartered virtual currency entity, has reportedly returned more than $2 billion in digital assets to Earn customers. The NYDFS has… Read More

May 30, 2024 @ 8:35 am By Omar Faridi  |  

Klickl is pleased to announce its recent acquisition of a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This milestone not only enhances Klickl’s ability “to offer both custody and brokerage services for virtual assets as… Read More

May 30, 2024 @ 8:33 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside of Asia, announces the launch of its cryptocurrency transfer functionality. Now, customers can send and receive crypto assets “directly from their wallets.” The solution, which is being gradually rolled out,… Read More

May 30, 2024 @ 8:26 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal’s stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users “with the choice of multiple blockchains allowing for increased flexibility and control.”… Read More

May 29, 2024 @ 5:39 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT) announced that it has made a proposal to the Bitfarms Board of Directors to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ: BITF) at a price of US$2.30 per Bitfarms common share. Riot also announced that it has… Read More

May 29, 2024 @ 2:39 pm By Omar Faridi  |  

Xapo Bank, the “fully” licensed bank that makes it simple for members to bank with Bitcoin, today announces that it has integrated further with the Lightning Network to facilitate Bitcoin deposits into members’ Bitcoin accounts. The integration provides an additional method “to deposit Bitcoin from… Read More

May 29, 2024 @ 11:26 am By JD Alois  |  

Digital asset firm Uphold is now offering a white-label service for issuers and other platforms to leverage digital assets. The crypto exchange is said to serve “millions” of customers in over 14 different countries. The Uphold-as-a-Service is said to offer services beyond digital asset offerings,… Read More

May 29, 2024 @ 9:23 am By JD Alois  |  

While everyone knows that digital securities are the future, the path to shift from the analog past to the digital asset future has been a circuitous path. Today, DTCC, Euroclear, and Clearstreem have announced they are working with the Boston Consulting Group to produce a… Read More

May 29, 2024 @ 8:22 am By Omar Faridi  |  

Bullish Group, the provider of digital asset market infrastructure and information services, and operator of one of the regulated digital asset exchanges, is pleased to announce key leadership changes aimed at driving the company’s strategic growth and innovation. David Bonanno appointed CFO Effective immediately, David… Read More

May 28, 2024 @ 12:35 pm By JD Alois  |  

Ryan Salame (30), a former top executive of FTX, has been sentenced to 7 1/2 years in prison for his role in the crypto firm’s activities. Sam Bankman Fried, the founder and CEO of FTX, was eventually sentenced to 25 years in prison for his… Read More

May 28, 2024 @ 11:07 am By Omar Faridi  |  

Pascal Gauthier, CEO at Ledger, says that the shipping of their new device, Ledger Stax, has begun for pre-order customers. Pascal Gauthier from Ledger notes in a blog post that the first pre-orders will be “shipped over the coming weeks, and new orders will be… Read More

May 28, 2024 @ 8:25 am By Omar Faridi  |  

B2C2, a global firm focused on institutional liquidity for digital assets, announces it has partnered with Swissquote, the online banking and financial services provider. Developed by Swissquote, Swissquote Exchange (SQX) is “a central limit order book (CLOB) providing deep liquidity as well as a healthy… Read More

May 28, 2024 @ 8:20 am By Tony Zerucha  |  

Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, this week announced the launch of Metri, an on-chain self-custodial wallet operating within the Gnosis ecosystem, allowing a wider set of users to access a realm of decentralized finance applications. Built on the Gnosis Chain,… Read More

May 28, 2024 @ 3:12 am By Omar Faridi  |  

Colin Cunningham, Head of Tokenization & Alliances at Chainlink Labs, recalls that it was 2008 and he was in the back half of my economics degree when the global financial crisis struck. Insulated from the world behind college walls, Colin Cunningham says he observed former classmates… Read More