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Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
FinTech 2030 – Create Value in the FinTech Industry
24.2.2021
The 9th FinTech & 8th InsurTech Digital Congress will be held on 18-19 March 2021 in an online form on a dedicated platform. During the spring edition of the event, the group of speakers will continue the discussion on the most important content for the development of the financial market,...
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...
Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric
17.2.2021
The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy. Secretary Doesn’t Like Bitcoin as It Cannot...
2021 Crypto Market Stats Show a Number of Other Coins Gained More Than Bitcoin
13.2.2021
During the end of 2020 and into 2021, a great number of digital assets have seen significant gains and the bearish season that followed 2017 has turned its course. Bitcoin touched an all-time price high on February 11, 2021, reaching $49k per coin and three-month stats show bitcoin is up 198%....
MENA Future of Fintech 2021 will be Held Virtually on 9–10 February, 2021
9.2.2021
Middle East and North Africa has consistently seen a surge in the use of FinTech and related technologies during the COVID-19 global pandemic. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded...
7 Challenges Facing Fintech Startup and Their Solutions
6.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
FinTech startups seek to provide the consumer as well as businesses varied options when it comes to money management. Notwithstanding the various benefits associated with this revolution in the field...
Paypal Launches Business Unit Dedicated To Cryptocurrency
6.2.2021
Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...
Analyzing and Redefining Financial Tech in the Middle East at MarketsandMarkets Fintech and Blockchain UAE Virtual Summit
1.2.2021
January 23.01.2021 –The ‘MarketsandMarkets Fintech and Blockchain UAE Virtual Summit’ is scheduled to take place on March 22–23, 2021. The virtual summit features two days of insights into the Financial Technology and Blockchain scenario in the Middle East, the newest tools and technologies...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
Hundreds of thousands watch as AOC takes on Robinhood on Twitch
29.1.2021
AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
CoinMetro Raises €2.5M to Fuel the Growth of Their NextGen Fintech Platform
20.1.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
CoinMetro, a fintech startup based in the unicorn breeding ground of Tallinn Estonia, has raised €2.5M in their tokenized bond offering. The funding will be used for product development and fueling the growth...
Fixing Crypto’s Silos
15.1.2021
Our fragmented status quo - thousands of tokens, hundreds of dapps - will not work indefinitely without interoperability
Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC
15.1.2021
The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter...
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank
12.1.2021
“If PayPal and Square can do it, then community banks should be able to do it too,” said Moven founder Brett King
Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox
11.1.2021
The Singapore-based Propine emerged from the MAS regulatory sandbox with a Capital Markets Services License, and authorization to begin offering digital asset services to institutions
'Two cops on the beat': Regulator wants sole authority to charter fintech firms
7.1.2021
The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms
Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later
3.1.2021
The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of its initial haul of 38,250 coins grow to over $1.3 billion from the $425 million spent. Market Capitalization By Almost...