Tagged: digital assets

October 29, 2023 @ 3:06 pm By Omar Faridi  |  

Almost no one is “happy” with the nation’s financial system— “only 9% of Americans are satisfied with it, and only 22% think it’s better than any other country’s,” according to an update shared by Coinbase (NASDAQ:COIN). But young people are “especially disillusioned by it,” the… Read More

October 28, 2023 @ 7:49 pm By Omar Faridi  |  

Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has “received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI).” This follows on from the firm “receiving cryptoasset registration from the UK’s… Read More

October 27, 2023 @ 4:42 pm By Omar Faridi  |  

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has partnered with Blockdaemon, an institutional-grade blockchain infrastructure company, to further bolster its staking offering. Komainu’s staking service, “launched in early 2022, has seen significant growth, and this partnership… Read More

October 27, 2023 @ 10:34 am By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues while also facing major operational challenges globally, announces that Kyrylo Khomiakov, Binance’s Central and Eastern Europe (CEE) General Manager, has been appointed the Regional Head for both the CEE and Central… Read More

October 26, 2023 @ 1:18 pm By Omar Faridi  |  

Crypto exchange Coinbase (NASDAQ:COIN) is alleging that the US Securities and Exchange Commission (SEC) has overstepped in the firm’s most recent effort to dismiss the ongoing lawsuit. Coinbase’s response to the SEC‘s lawsuit filed earlier this year is that not everything qualifies as a security…. Read More

October 26, 2023 @ 7:57 am By Omar Faridi  |  

Following Coinbase’s (NASDAQ:COIN) AML registration with the Bank of Spain last month, the team has welcomed its first hire in the market. Attending the European Blockchain Convention in Barcelona this week, the team says they will be “hosting a launch party to celebrate these recent… Read More

October 26, 2023 @ 7:46 am By Omar Faridi  |  

Mortgage Bank Lenzburg has expanded its organizational structure and the Finstar core banking system so that it can now offer services for digital assets. It starts with the custody offer for digital registered securities “from selected partner companies that were issued on the Ethereum blockchain.”… Read More

October 25, 2023 @ 12:29 pm By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, announces the appointments of Peter Marton, former Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYDFS), and cryptographer, Chaitanya Reddy Konda, who “designed… Read More

October 25, 2023 @ 9:33 am By Omar Faridi  |  

CoinList, the crypto launchpad and exchange that provides access to established crypto assets, recently conducted a survey of over 500 validators and testnet participants in order to gain insight “into their preferences and inform their future initiatives.” Testing crypto products and protocols “requires active community… Read More

October 25, 2023 @ 7:08 am By Omar Faridi  |  

Beluga, a platform that onboards and guides new users through their crypto journey, announced a $4M seed round from some of the most well-known crypto and FinTech investors. The investment round was led “by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs,… Read More

October 24, 2023 @ 10:00 pm By Omar Faridi  |  

We recently caught up with Bundeep Singh Rangar, the CEO of Fineqia, a digital asset business that builds and targets investments in early and growth-stage technology companies that will be a part of the next generation of the Internet. Publicly listed in Canada (CSE: FNQ)… Read More

October 24, 2023 @ 1:40 pm By Omar Faridi  |  

Following the announcement of Ireland as our MiCA entity location, Coinbase (NASDAQ:COIN) are pleased to announce that they are strengthening our presence in Benelux and the Nordics, a key market for Coinbase. This move underscores Coinbase‘s increased commitment to continental Europe. Elke Karskens will reportedly… Read More

October 23, 2023 @ 8:36 pm By Omar Faridi  |  

Charles Guillemet, CTO at Ledger, recently went over various options to implement Bitcoin governance strategies at the institutional level. As explained in a blog post, Ledger devices are extremely useful “for letting users self-custody their Bitcoin.”  Guillemet also comments on what might be useful if… Read More

October 21, 2023 @ 2:33 pm By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

October 20, 2023 @ 10:08 pm By Omar Faridi  |  

Binance has reportedly signed several agreements with new fiat partners for EUR payments, deposits, and withdrawals. According to a blog post from Binance, Users are already migrating to these new services. As explained in the announcement, fiat channels are an important factor in “driving crypto… Read More

October 20, 2023 @ 5:46 pm By Omar Faridi  |  

Onramp, a Bitcoin asset-management platform, announces its official launch, marking a “step-function” improvement in bitcoin custody. Onramp’s approach to bitcoin custody, product offerings, and research and education aims to establish “a new industry standard for sophisticated investors.” As noted in an update shared with CI,… Read More

October 20, 2023 @ 8:42 am By Omar Faridi  |  

On 8 October 2023, the FCA Financial Promotions Regime brought into effect new rules around qualifying cryptoassets. These rules set out new standards for financial promotions of cryptoassets and “apply to firms offering these products to UK consumers.” Since inception, Gemini claims it has “been… Read More

October 20, 2023 @ 7:59 am By Omar Faridi  |  

DTCC, the market infrastructure for the global financial services industry, announced it has signed a definitive agreement to acquire Securrency Inc., a developer of institutional-grade, digital asset infrastructure. The acquisition, which is expected “to close within the next several weeks, will position DTCC to provide… Read More

October 18, 2023 @ 11:09 pm By Omar Faridi  |  

The Basel Committee on Banking Supervision published a consultative document to follow on from its prudential standard on the treatment of crypto-asset exposures, finalized in December 2022. Disclosure of crypto-asset exposures “proposes a standardized disclosure table and set of templates for banks’ crypto-asset exposures with… Read More

October 18, 2023 @ 7:19 pm By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, is launching SAF3, the real-time digital asset custody platform in Australia, designed for institutions. SAF3 has been built by institutions for institutions, and will be “launched in Australia… Read More