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Bank of Spain Approves Its First VASP License
18.2.2022
The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service...
Alchemy Pay Adds Euros Pay-in Offerings via Paytend
18.2.2022
PRESS RELEASE. Singapore, February 2022 – Leading fiat and crypto payment solutions provider, Alchemy Pay (ACH), announces its partnership with the Europe-based digital bank, Paytend. Alchemy Pay’s client crypto services, such as exchanges and investment platforms, will now offer...
Merkle Standard Chosen as Launch Customer, Orders 4,449 of Newest BITMAIN 188 TH/S S19 + “Hydro” Mining Rigs
10.2.2022
PRESS RELEASE. (Irvine, February 9, 2022) – Sustainable Bitcoin mining company Merkle Standard has executed a purchase order for the high-performance, liquid-cooled mining rigs from Bitmain Technologies Ltd. The leading ASIC hardware provider will supply 4,449 of new S19 Pro + Hydro machines...
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
2.2.2022
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend...
EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche
26.1.2022
PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of...
Binance Becomes the Blockchain and Cryptocurrency Industry’s First to Join the National Cyber-Forensics and Training Alliance (NCFTA)
24.1.2022
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats....
Swiss National Bank Trials CBDC in Transactions With Five Banks
14.1.2022
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services...
175-Year-Old News Cooperative the Associated Press Plans to Launch NFT Marketplace
11.1.2022
On January 10, 2022, the Associated Press (AP), the American non-profit news cooperative founded in 1846, has announced the news agency is launching a non-fungible token (NFT) marketplace. The AP NFT market was built by the distributed ledger technology provider Xooa and on top of the Polygon...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
Nigeria Based Storage Provider Says It’s Too Risky for the World to Rely Centralized Cloud Storage Platforms
4.1.2022
In the past year, internet giants like Amazon and Google all experienced outages which were blamed on errors and failed upgrades. The occurrence of such outages and their impact around the world again highlighted the importance of having a decentralized internet. Also, just like how the Covid-19...
Jamaican Central Bank Says It Has ‘Successfully Completed CBDC Pilot’
4.1.2022
The Jamaican central bank successfully completed the pilot testing of its central bank digital currency, a statement from the bank has said. The statement however reveals that only one payment service provider participated in the pilot. Only One Payment Provider Participated in the Pilot The Bank...
Sberbank Launches First Blockchain ETF in Russia
2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...
SHIB Burn for Merchants to Launch by the Crypto Payment Provider
31.12.2021
NOWPayments, the non-custodial digital payments tool, is adding a feature allowing merchants to burn out Shiba Inu tokens. The Amsterdam-based company mentioned that it is going to burn about 3% of the total relationship in the top canine coins community. In crypto, burning means the sending...
Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS
31.12.2021
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such...
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
28.12.2021
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed....
Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
Ukrainians Offered New Crypto Services, Bitcoin Cards
16.12.2021
Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores...
Wallet provider Ledger launches crypto debit card
9.12.2021
The new crypto debit card supports several leading digital assets, including Bitcoin, Ether, XRP, Litecoin and USD Coin
Japanese Regulator Eyes Stablecoin, Wallet Provider Regulations in 2022
7.12.2021
Japan’s top financial regulator will block firms outside the world of conventional finance from issuing fiat-pegged stablecoins, a leading media outlet has claimed.
Per reports in both Japanese and English from Nikkei, the Financial Services Agency (FSA), the government organ that oversees...