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Decentralized exchange dYdX announces 'winding down' of services for Canadian users
7.4.2023
“We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country," said the exchange
Rendering Videos – a Fast, Reliable and Low Cost Service From GAIMIN
7.4.2023
GAIMIN has launched video rendering into the services provided by gaimin.cloud, GAIMIN’s decentralised, distributed data processing network. GAIMIN’s video rendering service is a lower cost service providing a faster turnaround time whilst spreading the data processing energy consumption footprint...
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’
7.4.2023
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured...
North Korea and criminals are using DeFi services for money laundering — US Treasury
6.4.2023
Despite the warnings on DeFi, Treasury noted that "most money laundering, terrorist financing, and proliferation financing" occurred using fiat or outside the crypto ecosystem
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
5.4.2023
The firm said it continues to invest in and grow its asset management business
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
5.4.2023
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the New York Department of Financial Services (NYDFS), who called the idea “ludicrous.”
Paxful shutdown hits Nigeria harder than the rest of the world, here’s why
5.4.2023
Paxful’s shutdown has left its global community heartbroken, but it has significantly impacted the Nigerian community, where it pioneered P2P crypto use
Google Cloud to Offer Workshops, Cloud Computing Services for Builders on Celo
4.4.2023
Participants of Celo’s Founders in Residence program and developers on the Layer-1 protocol will receive guidance and services
Liechtenstein’s VP Bank taps Metaco to expand custody and tokenization services
4.4.2023
Swiss digital asset infrastructure provider Metaco collaborated with Liechtenstein's VP Bank to expand its support for tokenized assets
Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
4.4.2023
A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as...
Crypto Custodian Copper to Provide Off-Exchange Settlement to OKX Customers
3.4.2023
Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper
German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
2.4.2023
Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse...
Nigerian crypto investors question central bank's decision to flag p2p users
29.3.2023
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country's central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds
North Korean hackers using stolen crypto to mine more crypto via cloud services: Report
28.3.2023
Cybersecurity firm Mandiant has “graduated” a new group of hackers who finance state goals and their own existence with the help of crypto laundering
Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows
28.3.2023
Ticketmaster, the global provider of event ticketing services, has launched “token-gated sales,” allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose “Deathbats Club”...
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
27.3.2023
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08...
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
27.3.2023
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer...
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...
Fujitsu interested in crypto trading services: trademark application
26.3.2023
The branding is dedicated to offering financial services, which include acceptance of deposits, financing loans and financial management and exchange of crypto assets