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Visa Warms Up Fans With NFT Auction Ahead of Soccer World Cup in Qatar
1.11.2022
Financial services giant Visa has set out to activate soccer fans for the upcoming World Cup Qatar 2022 with a non-fungible token (NFT) initiative. FIFA’s payment partner has teamed up with the governing body’s crypto sponsor to celebrate the planet’s most popular sport, art and technology. Visa...
ZoidPay Announces the Launch of ZETA, the First on-Demand Metaverse
1.11.2022
PRESS RELEASE. 1st Nov 2022, Bucharest, Romania — As part of its commitment to democratize access to the next generation of Web 3.0 Financial Services, ZoidPay has announced the launch of ZETA, the first on-demand Metaverse. What is ZETA? Integrating Augmented Reality (AR), Virtual Reality (VR)...
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector
30.10.2022
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain...
Does the IMF have a vendetta against cryptocurrencies?
27.10.2022
Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself?
Paypal and Western Union File Trademarks for Wide Range of Crypto Services
26.10.2022
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo. Paypal’s New Trademark Filings for Crypto Services Paypal Inc....
S. Korean watchdog goes after crypto whales to ensure AML compliance
24.10.2022
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets
Amendment to UK financial services bill provides regulation for crypto activities
21.10.2022
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes
South Africa declares crypto to be a financial product subject to financial services law
19.10.2022
The declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
Société Générale progresses in crypto space with digital asset services registration
17.10.2022
The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it
North Korea’s Lazarus behind years of crypto hacks in Japan: Police
17.10.2022
According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.”
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
11.10.2022
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department...
Visa Partners With FTX to Roll out Crypto Debit Cards in 40 Countries
9.10.2022
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive. Visa...
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers
4.10.2022
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card...
Cathie Wood's ARK Invest to offer crypto strategies to investment advisors
3.10.2022
In partnership with Eaglebrook, the strategies will be offered to registered investment advisors
InVar Finance Builds InVaria2222 as the Team Looks to Provide Hybrid Finance Services
28.9.2022
PRESS RELEASE. InVar Finance has recently built InVaria2222, the RWA tokenization world, which is currently in its first stage. InVar intends to create hybrid financial services by bridging the crypto sector with the real economy, such as TradFi with DeFi and RWA tokenization, which pertains...
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
27.9.2022
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only...
Binance Makes a Move on Japan
27.9.2022
Major crypto exchange Binance is seeking a license to operate in Japan, four years after leaving the country, Bloomberg reported, citing people familiar with the matter.
The move comes as Japan looks to adopt more web3-friendly policies and shows a generally friendlier approach to crypto....
Binance Resumes Offering Futures Trading Products to South African Users
27.9.2022
One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users, Binance suggested it has rectified issues with the regional regulator and that its activities in South...
South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse
26.9.2022
The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one...