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HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
19.7.2024
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin...
Kraken Expands Crypto Custody Services to Institutions in UK and Australia
19.7.2024
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution...
OKX selects Malta as MiCA hub for EU crypto compliance
18.7.2024
OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services
Game Pass Gets Pricier, Nintendo Teases A Horror Game, And More News For The Week
13.7.2024
This week saw Game Pass, once touted as the best deal in gaming, get another price increase in a way that’s as messy and confusing as it is disappointing. Also, Nintendo took the uncharacteristic step of teasing what looks like a first-party horror release, another game removed references...
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
12.7.2024
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite....
Twitch Star OnlyFans Controversy Is Turning People Away From Homophobia
11.7.2024
Growing up as a gay man in small-town America meant having to watch people learn empathy in real-time when they found out they’d been going to school or working with a queer person this whole time and didn’t automatically hate them. I had more than a few people tell me they “hated” gay people until...
How law enforcement struggles with sophisticated crypto laundering
11.7.2024
Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report
Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto
10.7.2024
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
9.7.2024
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal...
Taurus enhances Zand Bank’s crypto, tokenization services in UAE
4.7.2024
The Swiss crypto platform is expanding its stable of large financial institutions
UAE’s Zand Bank to Offer Crypto Services
4.7.2024
Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain...
DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service
2.7.2024
The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management and disposal of seized cryptocurrencies, ensuring...
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
2.7.2024
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory...
Hashnote Partners With Anchorage Digital to Offer Secure Crypto Investment Returns
1.7.2024
Hashnote, a digital asset manager, has announced a partnership with crypto custody firm Anchorage Digital to offer secure investment returns for institutional clients. This collaboration integrates Anchorage’s custody services with Hashnote’s derivative strategies. Hashnote...
Crypto Custody Firm Anchorage Offers Investment Returns Through Deal With Cumberland-Backed Hashnote
1.7.2024
Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
30.6.2024
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end...
SEC sues Consensys over MetaMask’s brokerage, staking services
28.6.2024
The U.S. SEC claims Consensys has been operating as an unregistered broker through MetaMask
Controversial Streamer Nickmercs Banned By Twitch After Dropping Transphobic Slur
28.6.2024
Former pro Gears of War playerNick “Nickmercs” Kolcheff received his first ever ban from Twitch after using a transphobic slur during a recent stream, commemorating another Pride Month with his annual anti-LGBTQ+ bullshit. Read more
Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding
28.6.2024
Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates...