Tagged: digital assets

December 28, 2023 @ 8:55 am By Omar Faridi  |  

Cryptocurrency isn’t just here to stay – it’s the “future of money,” according to an update from Coinbase (NASDAQ:COIN). The largest crypto exchange in the US has outlined the status of digital assets while predicting a bullish future for crypto. Even in the aftermath of… Read More

December 27, 2023 @ 5:21 pm By Omar Faridi  |  

EOS Labs and EOS Network Foundation (ENF), which claim to be “stewards” of the EOS Network, are pleased to announce a strategic partnership with the EOS Stable Coin Chain (ESCC), an Ethereum-based blockchain deployed as “a smart contract on the EOS Network using a customized… Read More

December 24, 2023 @ 7:58 pm By Omar Faridi  |  

TaxBit, the provider of compliance solutions for digital assets, announced the launch of its CESOP Compliance Platform, catering to crypto exchanges operating in the EU. This solution addresses the upcoming CESOP compliance requirements set “to commence in Q1 2024, underscoring TaxBit‘s dedication to upholding tax… Read More

December 23, 2023 @ 2:21 pm By Omar Faridi  |  

Coinbase Derivatives Exchange, a CFTC-licensed futures exchange, is pleased to announce that its crypto futures products are now available through the TT platform from Trading Technologies International, Inc. (TT), a global capital markets technology platform provider. Coinbase (NASDAQ:COIN) further noted that TT customers can now… Read More

December 23, 2023 @ 4:22 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is the supporter of regulatory compliance, security and privacy, signed a Memorandum of Understanding (MOU) with six major charities in Singapore in order “to help facilitate the acceptance of… Read More

December 23, 2023 @ 3:34 am By Omar Faridi  |  

Binance recently revealed that it administered “a survey to better understand their users’ motivations and reasons for using digital assets.” Drawing on a sample of over 1,000 respondents, the Binance survey found “that nearly half (45%) listed earning extra income as their primary use for… Read More

December 22, 2023 @ 11:30 am By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as “a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés… Read More

December 22, 2023 @ 10:27 am By Omar Faridi  |  

Amdax‘s vault is reportedly among the first crypto service providers in the EU to achieve the  ISAE-3000 Type-1 audit, conducted by accountancy firm Grant Thornton and assisted by Big-Four consultancy firm Deloitte. Amdax, the crypto-asset custodian and asset manager, is confirming that it is “the… Read More

December 22, 2023 @ 8:00 am By Omar Faridi  |  

In their State of the Network report, Coin Metrics is examining the major developments that shaped the digital assets industry in 2023 through a “data-driven lens.” After a challenging 2022, this past year “brought a number of positive developments across the ecosystem, from new institutional… Read More

December 21, 2023 @ 6:53 am By Omar Faridi  |  

Gemini are pleased to announce that the firm has been named as custodian on the 7RCC Global Bitcoin and Carbon Credit Futures ETF application, which was filed recently with the US Securities and Exchange Commission (SEC). Gemini claims that it has been a key player… Read More

December 20, 2023 @ 10:30 pm By Omar Faridi  |  

HashKey Capital Singapore Pte. Ltd., a key player focused on the blockchain and digital asset investment space, is pleased to announce the successful acquisition of the Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license, granted by the MAS,… Read More

December 19, 2023 @ 11:13 am By Omar Faridi  |  

Galaxy Digital Holdings (TSX: GLXY) says its Chief Compliance Officer, Lagan Srivastava, has been appointed to the Financial Industry Regulatory Authority (FINRA) Fintech Committee. The committee, which consists of 15 individuals, includes an array of participants, including observers from the Securities and Exchange Commission (SEC) and… Read More

December 16, 2023 @ 5:22 pm By Omar Faridi  |  

In a key development for wholesale finance and digital asset markets, the initiation of the Sterling Fnality Payment System (£FnPS) brings together the institutional quality of central bank funds in a systemic wholesale payment system with the functionality and resilience of blockchain tech. Lloyds Banking… Read More

December 16, 2023 @ 12:22 pm By Michael Wong  |  

OneDegree, a Hong Kong-based insurer specializing in digital assets, has formed a strategic alliance with Dubai Insurance Company to introduce digital asset insurance in the United Arab Emirates (UAE). This partnership includes Dubai Insurance’s investment in OneDegree’s Series B funding round. The collaboration aims to… Read More

December 15, 2023 @ 5:05 pm By Omar Faridi  |  

The Swiss credit fintech Teylor and digital asset custody and tokenization provider Taurus launch the Teylor ledger-based security, aiming “to make SME credit accessible as an asset class.” Teylor originates and manages SME loans “through its Teylor credit platform.” By tokenizing part of this credit… Read More

December 15, 2023 @ 11:50 am By Omar Faridi  |  

Digital asset firm Gemini is introducing their 2024 Crypto Trend Report. Before they explore the innovation and “promise” they see on the horizon, Gemini thinks it’s important to reflect on a volatile and challenging 2023. As mentioned in a blog post by Gemini, reverberations from… Read More

December 15, 2023 @ 8:00 am By Omar Faridi  |  

Coinbase International Exchange is set to introduce spot markets. Coinbase (NASDAQ:COIN) has officially announced the next phase of their Coinbase International Exchange expansion – the launch of non-US spot markets “for eligible customers.” This latest development is designed to address “the unique needs and demands… Read More

December 14, 2023 @ 9:18 pm By Omar Faridi  |  

Galaxy (TSX: GLXY) has announced the intended formation of AllUnity, as part of a new partnership between DWS, Flow Traders and Galaxy, whose mission is to enhance the on-chain economy by issuing a fully collateralized EUR-denominated stablecoin. AllUnity will be regulated “by BaFin, Germany‘s financial… Read More

December 14, 2023 @ 5:55 am By Omar Faridi  |  

Sygnum launches its inaugural institutional investor crypto survey report, Future Finance 23. The purpose of the research is “to accurately measure institutional crypto adoption, track trends over time, and profile the needs and challenges of future institutional crypto market entrants.” Key themes include: 40% of… Read More

December 13, 2023 @ 10:56 am By Omar Faridi  |  

The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot… Read More