Blockchain & Digital Assets

Blockchain, distributed ledger technology, crypto, digital assets, tokenization and stablecoin news.

Zumo Claims First in Adhering to FCA’s New Promotion Requirments for Crypto

  Digital asset as a service firm Zumo reports that it now adheres to the new Financial Conduct Authority (FCA) requirements when promoting digital assets or crypto. Zumo says it is the first platform to adhere to the new rules. Zumo says that some platforms… Read More

ASMX Group, MERJ Exchange to Streamline Trading of Securities, Fractional Assets

ASMX Group PLC, a developer of digitally enabled secondary market trading technology, has reached a significant strategic agreement with MERJ Exchange. Under this agreement, ASMX is set to launch a digital trading solution “for companies to list traditional debt and equity securities, as well as… Read More

Digital Asset Custody Firm Copper Enhances Stellar Network Integration

Copper.co, one of the industry’s leading digital asset custodians, is pleased to announce an enhancement to its existing integration with Stellar, a decentralized, open-source blockchain network designed to connect the financial systems and democratize economic participation. This enhancement allows institutional clients to trade an even… Read More

London-based Elliptic, MaiCoin, MAX Exchange to Enhance AML Capabilities in Taiwan

Elliptic – the global leader in cryptoasset risk management – is partnering with MaiCoin and MAX Exchange, which are both integral platforms of MaiCoin Group in Taiwan. The collaboration will further MaiCoin Group’s commitment “to advancing digital assets into the mainstream, while providing its clientele… Read More

BCB Introduces Fiat Payment Services for Digital Asset Firms with ClearBank

BCB Group is a crypto-dedicated payment services provider, serving many of the industry’s  clients including Bitstamp, Crypto.com, Fireblocks, Galaxy, Gemini and Kraken. It provides payment services in “over 30 currencies, FX, cryptocurrency liquidity, digital asset custody and BLINC, which is BCB’s free, instant settlements network… Read More

Hypothekarbank Lenzburg AG Joins SIX Digital Exchange, Streamlining Digital Asset Services in Switzerland

SDX, the regulated financial market infrastructure for digital assets, welcomes Hypothekarbank Lenzburg as a new member on its Central Securities Depository (CSD). SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and CSD “using distributed ledger technology (DLT).” With its… Read More

Digital Asset Firm Gemini to Expand Business Operations in India, with Plans to Invest in Gurgaon Engineering Hub

Pravjit Tiwana, CEO APAC and Global CTO at Gemini, notes that in May, they announced the launch of Gemini’s Gurgaon technology development center in India. Now, Gemini are pleased to build on that announcement and reveal that they have opened their office “within the Cyber Hub… Read More

Crypto.com, PayPal and Paxos to Enable PayPal USD (PYUSD) Transactions

Crypto.com announced it has teamed up with PayPal and Paxos to establish Crypto.com as a preferred PayPal USD (PYUSD) exchange. Crypto.com has already listed PYUSD on its platform “for both retail and institutional users, and is currently the crypto trading platform with the deepest liquidity… Read More

Coinbase International Approved by Bermuda Monetary Authority for Perpetual Futures Trading

Coinbase International Exchange (NASDAQ:COIN) has been approved by the Bermuda Monetary Authority (BMA) to enable perpetual futures for eligible non-US retail customers in certain jurisdictions, according to a statement by the company. Coinbase said it will begin to offer perpetual futures trading in the next… Read More

Web3 Adoption: Fintech Ramp, MetaMask to Enable Access to Web 3 Ecosystem

Ramp, a financial technology company building payment rails connecting crypto to the global financial system, announced a strategic partnership with MetaMask, the self-custody web3 platform. The collaboration kicks off with the integration of Ramp’s on-ramp services directly into MetaMask’s mobile application and MetaMask Portfolio. This… Read More

Blockchain Adoption: South Korean Entertainment Platform Supports Ticketing Platform with Avalanche

Dreamus, the entertainment events and streaming pioneer supporting globally known K-pop stars and most South Korean concert ticket sales, is now using Avalanche. The 21M loyalty users of its popular ticketing app, OK Cashbag, “can now buy Avalanche-backed tickets in just a few clicks.” Dreamus,… Read More

MENA Region Crypto Report: UAE Leads the Way in Supporting Regulatory Clarity for Digital Assets

The MENA region reportedly has the sixth largest crypto economy of any region studied this year, “with an estimated $389.8 billion in on-chain value received between July 2022 and June 2023,” according to an update from Chainalysis. Chainalysis also mentioned that this “represents nearly 7.2%… Read More

Kraken Remains Focused on European Markets, Secures EU E-Money License

Kraken, one of the “longest-standing” crypto platforms, announced it has received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, Kraken has also “registered with the Bank of Spain as a Virtual Asset Service Provider (VASP).” These authorizations highlight Kraken’s… Read More

Chase UK’s Crypto Ban Will Not Prevent Fraudulent Activities, Scams, CoinCover CEO Claims

JPMorgan‘s (NYSE: JPM) UK-based retail bank Chase has reportedly decided to ban crypto-related transactions that are made by its clients, starting from October 16, 2023. This bank says it made the decision because of a significant rise in fraudulent activities and scams. A bank representative… Read More

Crypto Exchange Bybit Launches Million-Dollar Hackathon in Dubai

Global crypto exchange Bybit and the Dubai Multi Commodity Centre (DMCC) have announced the launch of “Web3 Unleashed: Crypto Innovation Challenge” hackathon in Dubai. The event promises $100,000 prize pool and comes on the heels of a partnership that has already seen Bybit contribute AED500,000… Read More

Binance “Fully” Exits Russian Markets with Sale to CommEX

Binance, which is being sued by US regulators for a wide range of issues along with facing other major compliance and operational challenges, has entered into an agreement to sell the entirety of its Russia business to CommEX. To ensure a smooth process for existing… Read More

ASIC Penalizes Bobbob For Crypto Investment Product

The Australian Securities and Investment Commission (ASIC) has penalized Bobbob Pty for its representations about a crypto-asset-linked investment product. Bobbob has settled the claims by paying $53,280 to comply with ASIC’s “infringement notices.” In a statement, ASIC explained that it was concerned that Bobbob made… Read More

Singapore: iStudio Partners with Triple-A to Accept Crypto Payments

iStudio, an Apple Premium Reseller in Singapore, has recently partnered with Triple-A, a crypto payment gateway sanctioned by the Monetary Authority of Singapore (MAS) to allow customers to make purchases using cryptocurrencies at selected iStudio stores. The iStudio stores include those in Jurong Point, Tampines… Read More

Web3 Adoption: Consensys, Protocol Labs to Enable Innovators via Scale Startup Program

Consensys announced a partnership with Protocol Labs aimed to support leading blockchain ventures and startups through Consensys Scale (formerly Consensys Startup Program). Builders in the Scale program now have access to Protocol Labs’ experience in “supporting hundreds of founders in their entrepreneurial journey.” Protocol Labs… Read More

Digital Asset Firm Gemini Plans to Expand Passkey Support beyond 2FA to Enable Passwordless Logins

Gemini says that it continues to be focused on crypto innovation by allowing users to add passkeys “for two-factor authentication to their accounts.” As explained in a blog post by Gemini, passkeys provide two major advantages “over other account authentication methods: increased security and ease… Read More

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