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Crypto technology will shift towards 'steadier hands' in 2023: Circle CSO
3.1.2023
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer
Türkiye to use blockchain-based digital identity for online public services
2.1.2023
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
31.12.2022
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase insurance products on a metaverse platform, using real...
Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products
31.12.2022
Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark...
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market
29.12.2022
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. Kraken Exiting Japan Cryptocurrency exchange...
Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists
27.12.2022
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian...
Fidelity plans NFT marketplace and financial services in the Metaverse
27.12.2022
Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse
Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products
27.12.2022
Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related...
ECB to Decide Whether to Issue Digital Euro in 2023
24.12.2022
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023....
California regulators order MyConstant to cease crypto-lending services
22.12.2022
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state
Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland
22.12.2022
Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means the company can “provide products...
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...
Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets
21.12.2022
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt...
Gate.io closer to launching US services after receiving local licenses
20.12.2022
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch
UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says
19.12.2022
The Financial Services and Markets Bill which is currently being debated, will give regulators more power over crypto
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
18.12.2022
In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
18.12.2022
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting
Bahrain Telecom Operator Starts Accepting Crypto Payments
18.12.2022
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move...
Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request
17.12.2022
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States. Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services (BDOCS) jail Fox Hill, an overcrowded prison known for being filthy...