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SWIFT CBDC Interlinking Solution Enters Beta Testing
15.9.2023
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that three central banks are already testing this...
Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector
15.9.2023
Peter Marton, the deputy superintendent of virtual currency at the New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month.
According to an internal memo seen by FOX Business, Marton will be leaving his job on September 29...
Genesis announces winding down of crypto trading services
14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
14.9.2023
The digital assets subcommittee heard from five opponents of a U.S. CBDC without giving supporters equal (or any) time
Genesis Has Ceased All Crypto Trading Services: Spokesperson
14.9.2023
Deutsche Bank taps Taurus for global crypto custody services
14.9.2023
Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus
Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus
14.9.2023
Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
14.9.2023
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users
Circle Partners With Grab to Test Web3 Related Services in Singapore
14.9.2023
Circle Internet Financial, global payments firm behind the USDC stablecoin, has announced a partnership with ride-hailing giant Grab to pilot a Web3 blockchain-based wallet in Singapore.
Grab's Singapore-based users can create a blockchain-enabled wallet named the "Grab Web3 Wallet" to earn...
Nomura-Backed Custodian Komainu Adds Hidden Road to Crypto Collateral Management Platform
13.9.2023
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
12.9.2023
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas
Coinbase responds to reports suggesting it's ceasing services in India
11.9.2023
A Coinbase spokesperson cleared some of the confusion after a circulating rumor suggested that it would be shuttering all services for Indian customers
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Twitch Sensation Only Up! Removed From Steam So Dev Can Find ‘Peace Of Mind And Healing’
8.9.2023
Only Up! Is a brutal janky platformer that blew up on Steam earlier this summer after becoming a hit with Twitch viewers. A number of controversies later, its creator has removed the game from Valve’s digital storefront seemingly forever, saying they made a lot of mistakes and need time to heal...
Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries
6.9.2023
SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.
The company’s expansion to Southeast Asian markets aims...
New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services
5.9.2023
Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE).
The WFE released on Sept 5 findings from a survey it conducted with 29 respondents aiming to improve...
Traditional Finance Exchanges Divided on Crypto Services: Survey
5.9.2023
A World Federation of Exchanges survey found 41% of respondents already offer crypto-related products or services, with a further 24% planning to offer them in the future
South Korea’s Hana Bank Partners with BitGo to Provide Digital Asset Custody Services
5.9.2023
South Korean financial giant KEB Hana Bank has entered into a strategic business agreement with California-based crypto custody and security platform BitGo to offer digital asset custody (DAC) services to its clients starting next year.
The collaboration was announced during the Korea Blockchain...
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
5.9.2023
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers