Tagged: digital assets

December 20, 2024 @ 2:43 pm By Omar Faridi  |  

1inch, a DeFi project announced its integration with Talos, the provider of institutional portfolio and trading tech for digital assets. This collab enhances liquidity access for Talos clients by allowing them to leverage 1inch’s Swap API, which sources liquidity across decentralized exchanges to help “ensure… Read More

December 20, 2024 @ 11:25 am By Omar Faridi  |  

Bitcoin Suisse has announced its support for Babylon, an innovative protocol that expands Bitcoin’s utility by enabling it to secure Proof-of-Stake networks. This initiative provides Bitcoin Suisse clients with the chance to engage in the initial stages of Babylon’s development. Babylon addresses a key challenge… Read More

December 20, 2024 @ 11:01 am By Omar Faridi  |  

Securitize announced it has obtained approval by the Spanish National Securities Market Commission (CNMV) as an Investment Firm, registering Securitize Europe Brokerage and Markets, S.A. in order to operate as a Sociedad de Valores (broker dealer), providing services for blockchain-based financial assets, including acting as… Read More

December 20, 2024 @ 10:22 am By Omar Faridi  |  

Digital assets firm OKX announced the launch of their ‘Ordinals Launchpad,’ an all-in-one platform that empowers creators to “launch, inscribe and trade collections” directly on Bitcoin. The platform simplifies the technical complexities of Bitcoin inscriptions while providing creators with the “tools, visibility and support” needed… Read More

December 19, 2024 @ 7:57 pm By Omar Faridi  |  

The Singapore headquarters of Sygnum – a global digital asset banking group – Sygnum Pte. Ltd. announced its partnership with Moomoo Singapore to distribute its multi-manager fund to accredited investors on moomoo, a digital investment and wealth management platform with “over 1 million users” in… Read More

December 18, 2024 @ 7:56 am By Omar Faridi  |  

Tether, which claims to be the largest digital asset companies in the world (as well as being one of the most profitable), has invested in StablR, the European stablecoin provider. Tether’s investment into StablR signals its commitment to the European market and its support for… Read More

December 17, 2024 @ 9:19 pm By Omar Faridi  |  

Talos, the provider of institutional trading and portfolio technology for digital assets, has partnered with Crypto Risk Metrics to provide Talos’s regulated clients with ESG data to meet their sustainability disclosure requirements under the EU’s MiCA (Markets in Crypto Assets) Regulation. With the entry into… Read More

December 17, 2024 @ 9:18 pm By Omar Faridi  |  

OKX has partnered with Kemet Trading, the digital asset derivatives trading platform for institutions, in order to provide clients with access to Kemet’s derivative trading infrastructure. The collaboration now reportedly provides institutional clients with Kemet’s position, risk and portfolio management capabilities. As institutional participation continues… Read More

December 17, 2024 @ 4:49 pm By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure for financial institutions,  announced that Ripple USD (RLUSD) will be available on global exchanges starting, December 17, 2024. RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripple’s… Read More

December 17, 2024 @ 8:41 am By Omar Faridi  |  

Bitpanda recently revealed that it will soon be able to offer their full range of products and services to users residing in the UAE, supported by their commitment to regulation in Europe and, as they expand, into the MENA region and other jurisdictions. The expansion… Read More

December 17, 2024 @ 7:33 am By Omar Faridi  |  

BitGo, the digital asset custody and security platform trusted by institutions since 2013, today announced it has entered into an agreement with FTX Trading Ltd. and its affiliated debtors to assist in distributing recoveries to both retail and institutional customers in “supported jurisdictions in accordance… Read More

December 16, 2024 @ 7:43 am By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) noted that 2024 was an important year for Robinhood Crypto—and for the entire crypto industry. As they mark the first year of the launch of Robinhood Crypto in Europe, they take a detailed look back at the milestones they’ve achieved together…. Read More

December 16, 2024 @ 7:42 am By Omar Faridi  |  

Bitget, a global cryptocurrency exchange, and Web3 company, is reportedly exploring the establishment of its Europe regional hub in Lithuania as part of its expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a… Read More

December 15, 2024 @ 2:54 pm By Omar Faridi  |  

Bitpanda has announced the launch of Bitpanda Fusion, which is described as the newest addition to Bitpanda’s product range that supports active crypto traders. As explained in the announcement, Bitpanda Fusion is said to be the natural evolution of Bitpanda, expanding their suite of products… Read More

December 13, 2024 @ 4:33 pm By Omar Faridi  |  

Many more people are now wondering whether stablecoins (or digital tokens backed with fiat currencies 1-to-1 like the US dollar) truly open “remarkable conditions” to enable business onchain? According to a recent update, the answer to this pressing question is yes. However, where lies their… Read More

December 13, 2024 @ 4:21 pm By Omar Faridi  |  

Anchorage Digital, the custodian for crypto innovators and investors, is announcing expanded support for tokens on the Aptos blockchain, including custody of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and the Ondo US Dollar Yield Token (USDY), the largest tokenized treasury assets by total value… Read More

December 12, 2024 @ 1:48 pm By Omar Faridi  |  

BitGo reports that it has submitted an application to establish its Taiwan-based entity, BitGo Taiwan. This furthers their commitment to supporting demand for digital assets within APAC by providing clients with secure solutions. Establishing this entity paves the way for an application to the FSC… Read More

December 12, 2024 @ 7:50 am By Omar Faridi  |  

Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week that will expand adoption of USDC and support the development of the global digital assets and wider financial services ecosystem. With the growth and… Read More

December 10, 2024 @ 3:21 pm By Omar Faridi  |  

Taxbit noted that the IRS has released an updated draft, but “likely final,” version of Form 1099-DA. According to the update shared by Taxbit, the revised form includes one primary update to the prior draft released earlier this year that “aims to streamline compliance for… Read More

December 9, 2024 @ 10:58 pm By Omar Faridi  |  

Dr. Sean Dawson, Head of Research at onchain options DeFi protocol, Derive.xyz ($94.8M TVL, $7.4B total trade volume) noted that while Bitcoin hits a major milestone of reaching above $100,000 for the first time, optimism has surged on Derive.xyz, with an “18.7% chance of BTC reaching… Read More