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CoinEX to resume service with new wallet system following $70M hack
20.9.2023
CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
Citigroup Unveils Token Services for Institutional Clients
19.9.2023
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority
Citi Token Services will provide payments, liquidity to institutional customers
18.9.2023
The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots
New York Regulator Seeks Tougher Norms for Adding, De-Listing Crypto Coins
18.9.2023
Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime
US House Financial Services Committee Advances Bill to Block Digital Dollar Launch
18.9.2023
The United States House Financial Services Committee is going forward with the legislative measures aimed at controlling the issuance of a digital dollar.
Chairman Patrick McHenry recently announced that the Committee has scheduled a markup session for two crucial bills related to the potential...
Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy
16.9.2023
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide...
Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services
16.9.2023
Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one...
Genesis to stop offering crypto trading services
15.9.2023
Genesis has announced that it will no longer offer crypto trading services. These include digital asset spot and derivative services. The development comes after it reached a credit agreement with DGC, or Digital Currency Group. The agreement allows 70% to 90% credit recovery. Genesis had to take...
Deutsche Bank Partners Taurus to Offer Crypto Custody Services
15.9.2023
Taurus, a Swiss crypto infrastructure firm has announced a partnership with Deutsche Bank to set up cryptocurrency custody alongside tokenized services for its clients.
According to a press release on Sept 14, the bank entered a global agreement with the firm to utilize its infrastructure...
Genesis Terminates Crypto Spot and Derivatives Trading Services – What’s Going On?
15.9.2023
Digital Currency Group’s Genesis that went bankrupt in January this year, continues to get hit by the bear crypto market. The digital assets lender is winding down its cryptocurrency spot and derivative trading business completely....
Read More: Genesis Terminates Crypto Spot and Derivatives...
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...