Tagged: digital assets

Digital Assets: Binance to Suspend Sterling Transfers, as Paysafe Backtracks

Binance now again faces being pushed out of the larger financial services sector after the crypto exchange confirmed that it was being told to suspend deposits and withdrawals made in pound sterling (GBP). The digital currency exchange, which has been facing increasing regulatory pressure, stated… Read More

Anchorage Digital Bank Board Welcomes OCC Veteran Julie L. Williams

This past January, Anchorage Digital marked the second anniversary of their federal bank charter. According to Anchorage Digital, it was “a moment of pioneering progress for any digital asset bank, and it coincided with their announcement of another milestone for their compliance and bank program:… Read More

Prove Identity, Crypto Exchange Bitstamp USA to Strengthen Security, Compliance

Prove Identity, Inc., which claims to be the leader in digital identity, announced a partnership with Bitstamp, the “longest-running” cryptocurrency exchange, to further strengthen its security and compliance controls while also expediting its user onboarding process. ‍Prove will enable Bitstamp US users “to streamline account… Read More

Binance Introduces Prepaid Cryptocurrency Card in Colombia

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, has announced the launch of Binance Card in Colombia. One of Binance‘s top markets boasting high levels of crypto adoption, Colombia becomes the third country in Latin America “to support the product,… Read More

Digital Asset Firm Finoa Receives Full German Crypto License

Finoa are pleased to announce that they received three license approvals from BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) for crypto custody, crypto brokerage, and proprietary trading of crypto. The licenses mean that Finoa is now “a fully regulated financial institution, and will be able to offer a… Read More

Coinbase Acquires One River Digital Asset Management

With over $130 billion of quarterly institutional trading volume and over $50 billion of institutional assets on platform, Coinbase (NASDAQ:COIN) claims it “operates at the center of the institutional digital asset market.” Their products are purpose-built “to provide secure access to digital assets and Web3…. Read More

Cash App Selects TaxBit to Streamline Cryptocurrency Tax Reporting

TaxBit, the tax and accounting provider for digital assets, announced it has been selected by Cash App in order “to help provide the necessary crypto tax forms to the 10+ million Cash App users who have bought or held Bitcoin since 2019.” Lindsey Argalas, COO… Read More

Binance Teams Up with Law Enforcement Agencies to Introduce Anti-Scam Campaign

Crime fighters worldwide have seen “an alarming uptrend in both traditional and crypto-related scams since the onset of the COVID-19 pandemic,” according to an update from Binance. Over the past years, Binance has been “engaging in discussions with law enforcement agencies worldwide about how to… Read More

Bybit, Talos to Expand Digital Assets Trading for Institutional Clients

Bybit, the world’s “third most” visited crypto exchange, has announced a dynamic partnership with Talos, the institutional digital asset trading technology provider. The integration “combines the power of Talos’s robust trade infrastructure solutions with Bybit’s access to a wide array of digital assets and best-in-market… Read More

Binance Invests in Crypto Venture Fund Nomad Capital

Binance has made an investment in Nomad Capital, a newly established crypto venture fund, as part of Binance’s continued efforts “to support the larger crypto ecosystem.” As mentioned in their blog post, Nomad Capital adopts “a hands-on approach to help their portfolio projects grow and… Read More

Digital Assets: Kraken’s OTC Portal Now Part of Kraken Pro

Kraken is pleased to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration “allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.” You may access the OTC… Read More

Digital Assets: Floki Partners with Venus Protocol, a Lending Protocol on BNB Chain

Floki is now officially partnered with one of the biggest lending protocols on the BNB chain, Venus Protocol. Venus claims it is “the leading lending and borrowing protocol on the BNB chain as well as the second biggest DeFi protocol on the chain after top… Read More

Digital Assets: Bitpanda Launches Pantos Public Beta, a Multichain Token System

The team at Bitpanda is pleased to announce the launch of the Pantos public beta. This is a major milestone for “developing technology-agnostic digital assets, and they’re proud to be part of it.” Pantos, the “first” Multichain Token System, has been designed “to make digital… Read More

Digital Assets Platform FalconX Expands Business Operations to Singapore

Singapore at Night Marina Bay

FalconX, which claims to be the “most reliable” digital assets prime brokerage for the world’s leading institutions, announced expansion of its services into Singapore. Matt Long has “joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore.” Alongside these… Read More

Blockchain Platform Swarm Introduces Tradable Stocks, Bonds on DeFi

Swarm, the regulated blockchain platform, announces the launch of a public investment offering for Apple, Tesla, and two US Treasury Bond ETFs on decentralized finance (DeFi). The “fully” asset-backed tokens are “available on the Polygon blockchain for both retail and institutional investors, with no minimum… Read More

Ingenico, Binance to Deploy Crypto Payment Solution in France

Ingenico, the company focused on payment acceptance solutions, has just signed a strategic partnership with Binance, the largest exchange for digital assets, “to offer an in-store cryptocurrency payment acceptance solution.” The first pilots have “been deployed in France.” This partnership is “a major step in… Read More

Digital Assets: Cobo, Coincover to Provide Disaster Recovery

Coincover, the digital asset protection company, announces a new partnership with Cobo, which claims to be the largest digital asset custodian and blockchain infrastructure provider in the Asia Pacific (APAC) region. This news comes shortly after Coincover’s recent successful $30 million funding round. Cobo explains… Read More

Ruben Merre: CEO at NGRAVE Says They Want to Empower Investors with Secure Way of Owning Digital Assets

We recently connected with Ruben Merre, Co-founder and CEO at NGRAVE. a digital asset security provider focused on making the safest, most reliable products in the blockchain industry. Ruben Merre talked about how centralized crypto exchanges and online digital currency wallets may not be the… Read More

Abu Dhabi Introduces ‘Hub71 + Digital Assets’ to Accelerate Growth of Web3 Startups

Hub71, Abu Dhabi’s global tech ecosystem, announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, “with more than $2 billion of capital committed to fund Web3 startups and blockchain technologies from the UAE’s capital.” Hub71+ is “a specialist ecosystem dedicated to advancing… Read More

Hong Kong: SFC Consults on Proposals to Regulate Virtual Asset Trading Platforms

The Securities and Futures Commission (SFC) launched a consultation on the proposed requirements “for operators of virtual asset trading platforms.” Under a new licensing regime to take effect on 1 June 2023, all centralized virtual asset trading platforms “carrying on business in Hong Kong or… Read More

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