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Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
13.8.2021
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides...
Crypto and blockchain investments have already doubled 2020: KPMG report
12.8.2021
Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states
Bank of Ghana to pilot CBDC with German securities printing firm G+D
11.8.2021
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs
Circle Intends to Become a Full-Reserve National Commercial Bank
11.8.2021
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC,...
Bank of Jamaica mints the first batch of national digital currency
10.8.2021
The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December
Israel’s Mossad Is Hiring a Cryptocurrency Specialist
10.8.2021
The Israeli intelligence service, Mossad, is now looking to hire someone who understands digital currencies. According to the job posting, the role requires extensive expertise in the field of financial technologies. Mossad Recruiting Expert With Fintech Background Israel’s Institute...
Ultimate Fintech 2021: XM Wins Best Trading Experience Award
4.8.2021
XM is showcasing its market worth with back-to-back awards at prestigious events. The company recently won the Best Trading Experience award at the Ultimate Fintech 2021 ceremony. The award came shortly after XM scored the Best Retail Forex Broker award at Global Forex Awards. The year has served...
NFTs are next for enterprise Ethereum, says ConsenSys founder Joe Lubin
2.8.2021
NFTs are getting enterprises excited about the future of finance, but regulations are still needed to reach mainstream adoption
Square to acquire Australian fintech Afterpay in $29B deal
2.8.2021
Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022
Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’
1.8.2021
Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of Nigerians that are financially excluded, a leader of a stakeholders’ body has said. However, according to Senator Ihenyen, the president of Stakeholders...
Central Bank Governor: South Africa’s Digital Currency Study Ongoing
31.7.2021
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
31.7.2021
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla...
Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology
31.7.2021
Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives....
NFTs can be a good pathway to draw women into crypto, says Lavinia Osbourne
30.7.2021
Though nonfungible token projects are one path to entry, women are still underrepresented in many crypto and blockchain firms
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
30.7.2021
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. In addition, such digital currencies allow African countries to carry out all cross-border payments smoothly...
Mastercard chooses 7 crypto startups for Start Path accelerator
28.7.2021
Mastercard keeps its focus on the digital asset industry, echoing moves by its main competitor Visa
Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian Central Bank Says After Test
28.7.2021
A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the ECB participated in the test, which also professed...
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
27.7.2021
The a16z-backed Eco, where users’ deposits are loaned out in USDC, says it’s keeping an eye on the BlockFi case
How Fintech Startups are Gaining Financial Markets
26.7.2021
Upcoming fintech startups working on innovative solutions for the financial cum technology sector are currently working on a wide variety of solutions. The roadmap devised by them, however, varies. Most of them work on the revenue generating model rather than customer-benefit model. These companies...
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...