Blockchain & Digital Assets

August 10, 2023 @ 9:04 pm By Omar Faridi  |  

Xsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla’s Pay Station platform. This transformative integration of Crypto.com Pay “represents a significant advancement in the gaming industry and creates new… Read More

August 10, 2023 @ 6:03 pm By JD Alois  |  

As the crypto-sphere knows, last month Ripple/XRP received a partial victory against the Securities and Exchange Commission (SEC) in a court decision that determined that people who bought XRP could not reasonably expect Ripple to act to increase the price of XRP and the sales… Read More

August 10, 2023 @ 1:15 pm By JD Alois  |  

This past March, Tron, BitTorrent, Rainberry, and founder Justin Sun were the target of enforcement action by the Securities and Exchange Commission (SEC) alleging the offer and sale of unregistered “crypto-asset securities,” including Tronix (TRX) and BitTorrent (BTT). Several “celebrity” promotions were entwined in the… Read More

August 10, 2023 @ 10:58 am By JD Alois  |  

There has been a lot of discussion about the US Dollar remaining the top reserve currency around the world. Having the dollar be the big dog in the realm of fiat brings a lot of benefits to the US and must be a leading policy… Read More

August 10, 2023 @ 10:28 am By Omar Faridi  |  

Blockchain.com, which claims to be one of the world’s most trusted and earliest crypto platforms, announced that it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on 1st of August 2023. This announcement follows Blockchain.com “receiving its… Read More

August 10, 2023 @ 8:54 am By JD Alois  |  

The Government of Ireland has submitted its own consultation on possible regulation of digital assets or crypto. The European Union has approved crypto asset regulation under MiCA. Ireland, part of the EU, is flexing its prerogative to present its own consultation on possible regulation or… Read More

August 10, 2023 @ 8:35 am By Omar Faridi  |  

Garanti BBVA, which claims to be a leading force in digitization in the Turkish banking industry, has announced the launching of Garanti BBVA Digital Assets, the first venture of its subsidiary Garanti BBVA Financial Technologies. With a pilot already in progress, the company will initially… Read More

August 10, 2023 @ 8:26 am By Omar Faridi  |  

Binance has announced that it has become the first fully licensed crypto exchange in El Salvador “after being granted both a Bitcoin Services Provider license (BSP) by the Central Reserve Bank (Banco Central de Reserva) and the first non-provisional Digital Assets Services Provider license (DASP),… Read More

August 9, 2023 @ 7:04 pm By Omar Faridi  |  

Several global banks have progressed with the Finteum Platform integration work, ahead of going live with the system. The Finteum Platform is “an execution venue that brings intraday funding capabilities to the global interbank market.” 19 banking groups with “a combined balance sheet of $23.5trn… Read More

August 9, 2023 @ 12:55 pm By Omar Faridi  |  

The Digital Dollar Project announced the completion of a pilot study conducted in collaboration with The Western Union Company, BDO Unibank, Inc. (BDO Unibank) in the Philippines, and support from Accenture. This collaboration represents the Digital Dollar Project’s latest private sector efforts “in support of… Read More

August 9, 2023 @ 12:15 pm By Omar Faridi  |  

On July 30th, 2015, the Genesis block of Ethereum was created. Eight years later, today Ethereum is the dominant blockchain network “with growing developer interest, lower transaction fees, and faster settlement times.” Yet, fewer than 0.5% of the 100 million developers worldwide “are actively building… Read More

August 9, 2023 @ 11:40 am By JD Alois  |  

Num Finance and TruBit have announced a partnership where Num’s “nARS” stablecoin, pegged to the Argentine Peso, will trade on the exchange. Num states that the listing on TruBit is part of a broader strategy to offer a wider range of tools for its users…. Read More

August 9, 2023 @ 11:09 am By Omar Faridi  |  

Chainlink Price Feeds are live on Base—a fast and “highly scalable” layer-2 blockchain incubated by Coinbase and secured by Ethereum. With this integration, developers building on Base can “have access to industry-standard Chainlink Data Feeds and other web3 services.” The native integration of Chainlink Price… Read More

August 9, 2023 @ 8:46 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three and six months ended June 30, 2023 for both itself and Galaxy Digital Holdings LP. Michael Novogratz, Founder and CEO of Galaxy, said: “Galaxy’s operating businesses performed well in the second quarter against… Read More

August 8, 2023 @ 9:55 pm By Omar Faridi  |  

Coinbase, one of the largest and most established cryptocurrency exchanges in the US and other jurisdictions, is stepping into the Layer 2 market with the launch of Base. As a key blockchain industry move, deBridge has integrated Base “to bring high performance cross-chain trading and… Read More

August 8, 2023 @ 8:12 pm By Omar Faridi  |  

The Tel Aviv Stock Exchange has signed a strategic agreement with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This strategic partnership empowers TASE “to offer a comprehensive range of innovative and secure digital asset products and… Read More

August 8, 2023 @ 4:09 pm By Omar Faridi  |  

VNX, a Liechtenstein-based company registered by the Liechtenstein Financial Market Authority (FMA), has partnered with Burrito Wallet, which is developed by a subsidiary of Bithumb, a Korean cryptocurrency exchange, to introduce South Korean users “to the digital assets VNX Gold, VNX Euro, and VNX Swiss… Read More

August 8, 2023 @ 4:06 pm By Omar Faridi  |  

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.” With the… Read More

August 8, 2023 @ 11:21 am By Omar Faridi  |  

The last couple of months have been anything but “dull” for the digital asset industry – enforcement actions, regulatory proposals, the first ever SPBD approval and, of course, the landmark Ripple decision, the team at tZERO recently noted. tZERO Group, Inc., which claims to be… Read More

August 8, 2023 @ 8:55 am By Omar Faridi  |  

Jeremy Allaire, Co-founder & CEO of Circle, a Fintech that’s focused on stablecoins and other services supporting the blockchain and crypto sector, says that despite the hype that they’re all about the US, the firm “estimates that 70% of USDC adoption is non-US, and some… Read More