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Portofino Technologies Obtains FCA’s Approval to Offer Crypto Services
28.2.2024
Portofino Technologies has announced that its UK entity received the regulatory permit to act as a registered crypto asset firm.
The post Portofino Technologies Obtains FCA’s Approval to Offer Crypto Services appeared first on Cryptonews
Japan Positioned as Global Leader in Compliant Crypto Payments, Says Report
28.2.2024
Japan is a global leader in compliant crypto payment services, according to a report published today by independent finance news outlet FinanceFeeds. The conclusion comes off the back of an announcement by Japanese Web3 payments app Slash that it has facilitated a total of more than $10,000,000...
Kraken Launches Institutional Services Division to Compete for Bitcoin ETF Market Share
28.2.2024
Kraken has unveiled a new division dedicated to providing services to institutional clients as it seeks to gain a foothold in the Bitcoin exchange-traded fund (ETF) market.
The post Kraken Launches Institutional Services Division to Compete for Bitcoin ETF Market Share appeared first on Cryptonews
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
27.2.2024
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday
Crypto.com Partners With Latin America’s Largest Investment Banker To Advance Crypto Banking Services
27.2.2024
In a press release published on February 27, the exchange announced it had joined forces with BTG Pactual, the biggest investment banker in LatAm.
The post Crypto.com Partners With Latin America’s Largest Investment Banker To Advance Crypto Banking Services appeared first on Cryptonews
Spain’s Regulator Flags 3 Crypto Firms Over Unregistered Status
27.2.2024
Spain’s financial regulator warned investors of 18 companies offering services in the country despite registration issues.
The post Spain’s Regulator Flags 3 Crypto Firms Over Unregistered Status appeared first on Cryptonews
Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments
24.2.2024
Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...
Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit
23.2.2024
In an X post published on February 23, the Blueberry Protocol Foundation announced that it was currently experiencing an “ongoing exploit” and recommended users to withdraw their funds from Blueberry lending markets while the foundation worked on halting the protocol.
The post Blueberry DeFi...
Crypto Cashback Programs Mature to Drive Accessibility and Financial Inclusion
23.2.2024
A recent report published by Bitcoin financial services provider Unchained found that 55% of 400 U.S. investors surveyed own Bitcoin. Findings further note that 34% of those surveyed think Bitcoin will be the best-performing asset in 2024 in comparison to gold, the S&P 500,...
Study: Blockchain Investment Leads in Performance Among Cybersecurity Startups
23.2.2024
A new study put together by Swiss researchers has declared blockchain the best performer in cybersecurity startups, beating out heavyweight fields like Artificial Intelligence and cloud services for the top spot. The study, titled “Measuring the performance of investments in information...
ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment
22.2.2024
The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC), stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.
The post ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment...
Gauntlet Ends Risk Management Role with Aave Citing ‘Inconsistent Guidelines’
22.2.2024
Gauntlet co-founder John Morrow has announced to discontinue the risk management services for Aave, attributing the decision to unclear guidelines and objectives from the DAO.
The post Gauntlet Ends Risk Management Role with Aave Citing ‘Inconsistent Guidelines’ appeared first...
Payment Executives Are Eyeing Blockchain B2B Payments: Ripple Survey
20.2.2024
Payment leaders actively investigating blockchain's potential find business-to-business (B2B) payments to be the most promising application, a Ripple survey published Tuesday showed.
The post Payment Executives Are Eyeing Blockchain B2B Payments: Ripple Survey appeared first on Cryptonews
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
20.2.2024
Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets
Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts
20.2.2024
China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China.
The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...
Binance to Discontinue Leveraged Token Trading and Subscription Services
19.2.2024
Binance has announced the end of support for leveraged token trading and subscription services. The move leaves investors seeking alternative leveraged trading options within the crypto exchange. Binance is shifting focus, launching USDC-margined ORDI Perpetual Contracts on its Futures...
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
19.2.2024
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including...
RBI may integrate CBDCs with digital payment infrastructure
19.2.2024
Dilip Asbe, the Managing Director of the National Payments Corporation of India (NPCI), has hinted that the Reserve Bank of India, the RBI, is considering integrating CBDCs with digital payment infrastructure. This includes the likes of UPI to boost its adoption. Dilip said that the efforts...
Coinbase Commerce Removes Native Bitcoin Payment Support for Merchants – What’s Going On?
19.2.2024
Coinbase has removed support for native Bitcoin (BTC) and other UTXO (Unspent Transaction Output) coins on its payment platform for merchants, Coinbase Commerce. In a recent post on X, Lauren Dowling, the exchange’s head of product, said that the removal of native Bitcoin and UTXO support...
Revolut To Roll Out “Invite-Only” Crypto Exchange
16.2.2024
Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’...