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Paxos Receives Approval To Issue Stablecoins In Abu Dhabi 


Source: Pixabay Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...

Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading


Raiffeisen Bank. Source: Adobe / Cristi Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business.  The 130-year-old bank announced plans for the service in April upon signing a letter of intent...

Cathie Wood’s Ark Invest and 21Shares Amend Bitcoin Spot ETF Application


Image Source: iStock Cathie Wood’s Ark Invest has made a recent amendment to its spot Bitcoin exchange-traded fund (ETF) application in collaboration with 21Shares. The amended filing, dated November 20, offers insights into the proposed spot Bitcoin ETF, focusing on critical aspects such...

Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform


PRESS RELEASE. Concero.io announces a partnership with bitcoin.com ‘s Verse Ecosystem and takes the next step in tackling centralisation within the industry. With synergies of both companies being aligned around self-custody and ease of use, this collaboration will allow users to interact with...

Commerzbank Receives Crypto Custody License From German Regulators


Source: Commerzbank Leading German bank Commerzbank has received a crypto custody license from government regulators. Making the announcement in a press release, Commerzbank stated that the crypto custody license now makes it the first full-service German bank to be approved for this particular...

What an SEC Proposal Means for RIAs in Crypto


The SEC’s Custody Rule requiring advisors to safeguard digital assets has big implications for advisors working in the crypto industry, says Nathan McCauley, CEO and Co-Founder of Anchorage Digital

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