Blockchain & Digital Assets

September 19, 2024 @ 9:46 pm By Omar Faridi  |  

Licensed digital asset exchange HashKey Global, and Elliptic, the global company focused on crypto-asset risk management, are pleased to announce a partnership. This collaboration marks a significant step forward in “setting new standards for compliance, security, and risk control in the evolving digital asset landscape.”… Read More

September 19, 2024 @ 9:44 pm By Omar Faridi  |  

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global value received between July 2023 and June 2024. This, according to an update from Chainalysis. Chainalysis noted that the region received “more than $400 billion in on-chain… Read More

September 19, 2024 @ 9:41 pm By Omar Faridi  |  

Taurus is pleased to announce a strategic partnership with the Qatar Financial Centre (QFC) Authority as part of the QFC Digital Assets Lab. This strategic collaboration reinforces Taurus’ commitment “to better serving banks and financial institutions across Qatar and the Middle East, delivering tailored digital… Read More

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 19, 2024 @ 10:59 am By JD Alois  |  

Rari Capital has settled charges by the Securities and Exchange Commission (SEC), which claims the firm engaged in unregistered crypto offerings, misleading investors and acting as an unregistered broker. This is another victory in the SEC’s ongoing battle with digital asset firms and offerings that… Read More

September 19, 2024 @ 10:01 am By Omar Faridi  |  

Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum, “designed to deliver superior scaling, security, and interoperability.” The Hemi incentivized testnet is now live, and its mainnet… Read More

September 19, 2024 @ 9:35 am By Omar Faridi  |  

Mesh, the modern connectivity layer for crypto that makes transfers and account aggregation seamless, is thrilled to announce its strategic partnership with CoinMENA FZE, a digital assets trading platform in the Middle East. This collaboration aims to enhance digital asset transfer services by “allowing CoinMENA’s… Read More

September 19, 2024 @ 9:06 am By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. MiCA was introduced to implement “uniform EU… Read More

September 19, 2024 @ 9:01 am By Omar Faridi  |  

USDC and CCTP are coming to Sui, according to an update from stablecoin issue Circle. Circle is pleased to confirm that “native USDC and Cross-Chain Transfer Protocol (CCTP) are coming soon to Sui.” Sui is a layer-1 (L1) blockchain that “offers fast, secure, scalable, and… Read More

September 19, 2024 @ 8:58 am By Omar Faridi  |  

Sumsub announces the integration of its Travel Rule solution with the Sygna Travel Rule protocol to allow its crypto and fintech clients to communicate with the Virtual Asset Service Providers (VASPs) in the Sygna ecosystem, particularly with those in Japan and Taiwan. The added protocol… Read More

September 19, 2024 @ 7:31 am By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT) has launched a new platform that aims to unlock tokenized real-world assets (RWA) access to users. The vision for WisdomTree Connect is to enable customers over time “to interact with any WisdomTree-issued token, in any wallet, across supported blockchains.” WisdomTree Connect marks… Read More

September 18, 2024 @ 12:04 pm By JD Alois  |  

Today, the Digital Assets, Financial Technology, and Inclusion Subcommittee, part of the House Financial Services Committee, held a hearing on digital assets and its current regulatory environment. Entitled Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets, individuals testifying addressed the current… Read More

September 18, 2024 @ 11:05 am By JD Alois  |  

A recent report indicates that large financial institutions are adopting blockchain technology and leveraging digital assets.  According to the report shared by Blockchain Coinvestors, a fund of fund in the digital asset sector, over 50% of big finance already support or provide digital wallets, custody,… Read More

September 18, 2024 @ 10:49 am By JD Alois  |  

Fintech supporter Congressman Tom Emmer has sent a letter to the Chair of the SEC, Gary Gensler, asking the Commission to clarify the “regulatory classification of digital asset airdrops.” The Chairman of the House Financial Services Committee, Patrick McHenry, has also added his support to the… Read More

September 18, 2024 @ 7:47 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, and Chainlink Labs, the primary contributing developer of Chainlink—the essential infrastructure for the tokenized asset economy—announced a strategic collaboration to offer a secure and compliant technology solution for banks… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

Ctrl Alt, a financial engineering and tokenization platform with offices in the UK and Ireland, has officially launched in the UAE with an initial focus on the Emirate of Dubai. The company has already secured multiple partnerships, “including with Emirates NBD, with more public announcements… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

USDC is now available in Brazil and Mexico through national payment systems, with local currency. Fiat transfers through real-time payment systems accelerate “access to digital dollars.”: Since Circle’s founding more than a decade ago, it’s been their mission “to harness the power of blockchain networks… Read More

September 18, 2024 @ 2:28 am By Omar Faridi  |  

Xalts announced a deeper collaboration with Avalanche to bring more enterprise-grade real world asset tokenization solutions for institutions. This will provide out-of-the-box solutions to “enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenization, and smart contract applications… Read More

September 17, 2024 @ 2:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) says it has settled charges with Prager Metis CPAs, LLC (Prager) in regard to its relationship with the failed crypto operation FTC. The SEC states that Prager has agreed to pay $1.95 million to resolve two actions alleging misconduct… Read More

September 17, 2024 @ 1:28 pm By Omar Faridi  |  

Hawaii has recently adopted a more welcoming stance towards cryptocurrency. As the Aloha State ventures further into the world of cryptocurrencies and blockchain technology, Transak is pleased to announce its official launch in Hawaii, “providing a much-needed gateway to Web3 for individuals and businesses alike.”… Read More