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Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). дальше »
2021-6-11 02:15 | |
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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’
U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »
2021-6-1 05:00 | |
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Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis
Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?” Novogratz Asks Top Exchange Execs to List Satoshis Bitcoin […] дальше »
2021-5-11 20:00 | |
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DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin
This week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0. 143 per unit on Wednesday and has spiked more than 104% during the last week. дальше »
2021-4-15 07:30 | |
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PayPal Investing ‘Heavily’ in Crypto, Launching a Cryptocurrency Business Division This Quarter
Payments giant PayPal is planning to launch a new business unit dedicated to cryptocurrency services. It is expected to be launched later this quarter. Trader Joe McCann, founder of NodeSource commented, “Digital wallets are a multi-trillion-dollar opportunity, so it's only natural PayPal announces a cryptocurrency business division. дальше »
2021-3-9 18:05 | |
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BNY Mellon Forms New Digital Assets Unit to Build Industry’s First Multi-Asset Digital Platform
BNY Mellon today announced the formation of a new enterprise Digital Assets unit that will accelerate the development of solutions and capabilities to help clients... дальше »
2021-2-13 07:01 | |
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Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U. S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. дальше »
2021-2-13 18:05 | |
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Paypal Launches Business Unit Dedicated To Cryptocurrency
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 into blockchain and digital currencies. Schulman explained: […] дальше »
2021-2-6 05:15 | |
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PayPal unveils plans of investing in a new crypto-focused business unit
PayPal is planning to invest in a new dedicated business unit that deals with crypto and digital currencies. A report disclosed this news on February 3, citing sources familiar with the organization’s operations. дальше »
2021-2-4 13:44 | |
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Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital […] дальше »
2021-1-22 18:40 | |
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Galaxy Digital adds new business division for bitcoin mining
Galaxy Digital, a financial services and investment management company in the digital asset sector, has announced the launch of Galaxy Digital Mining, a new business unit committed to providing bitcoin miners with a comprehensive suite of financial services and products. дальше »
2021-1-16 21:39 | |
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JPMorgan Creates New Business Unit for Blockchain and Digital Currency
Blockchain has long been hyped for its potential application in every sector of business. However, practical results have largely not matched the hype so far. According to some reports, this might be about to change. дальше »
2020-10-28 17:07 | |
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Fidelity Launches Bitcoin Fund With Minimum Investment Of $100,000
Fidelity investments said in a new filing to the Securities and Exchange Commission that it is launching a Bitcoin fund — the Wise Origin Bitcoin Index Fund I. Managed by a new business unit called Fidelity Digital Funds, this will only be available to qualified purchases with a minimum investment of $100,000. Clearly, the fund […] дальше »
2020-8-27 16:03 | |
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Hong Kong Regulator to Grant Fidelity-backed OSL Digital the First Crypto Exchange License
The Securities and Futures Commission (SFC) of Hong Kong will be issuing a license to cryptocurrency firm OSL Digital Securities, reported Reuters. OSL, a unit of Fidelity-backed BC Group, became the first firm in November last year to apply for a digital license under the market regulator’s new rules allowing cryptocurrency exchanges to opt into […] дальше »
2020-8-23 15:53 | |
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R3 To Provide Blockchain Identity Solutions To Help Recover $48B In Unclaimed Pensions
Blockchain technology provider, R3 has revealed that it is working on offering pension companies with the requisite technology to develop fresh identity solutions built on blockchain which could enable savers to recoup part or all of $48 billion worth of lost pension pots in the UK, CoinDesk reports. дальше »
2020-2-25 22:15 | |
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Backed By Major Financial Institutions, SolarisBank Launches Subsidiary For Crypto Custody
SolarisBank has recently announced that it is has created a new unit called Solaris Digital Assets in order to offer crypto-custody services to clients. The German fintech company has been backed by recognized investors such as BBVA or Visa. дальше »
2019-12-11 20:51 | |
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Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Prize Winner, Former Bank of Israel Governor The currency is backed by a basket of fiat currency to avoid high volatility. дальше »
2019-12-11 17:53 | |
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Huawei Now Partners with China’s Digital Currency Research Unit
Coinspeaker Huawei Now Partners with China’s Digital Currency Research UnitHuawei has entered strategic cooperation with the People’s Bank of China (PBoC) which is the central bank of the country. дальше »
2019-11-6 21:56 | |
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Facebook’s Libra ‘cryptocurrency’ gets desperate as it considers stablecoins
Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months. дальше »
2019-10-21 12:00 | |
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Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition. дальше »
2019-10-16 00:25 | |
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French Government-owned Bpifrance Joins Lightning Network Developer ACINQ’s $8 Million Investment Round
Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.” Jacq, who heads the partially state-owned French investment bank, stated... дальше »
2019-10-9 11:29 | |
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Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
Last month, the U. K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations. дальше »
2019-10-4 22:45 | |
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Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?
Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […] дальше »
2019-8-3 19:47 | |
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tZERO Launches Cryptocurrency Wallet and Trading App
Overstock. com subsidiary tZERO, through its tZERO Crypto Unit, has launched a cryptocurrency wallet and exchange services app to enable users to buy, sell, and hold digital assets. The subsidiary concern announced the development in a press release issued on June 27, 2019. дальше »
2019-6-28 11:18 | |
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tZERO launches new mobile cryptocurrency wallet app
tZERO, the blockchain technology company for capital markets, through its tZERO Crypto unit, today has launched its digital wallet and exchange services app, the tZERO Crypto App. The app is available for download today on iOS, and will be coming soon to Android. дальше »
2019-6-28 20:22 | |
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Crypto Industry Leaders Demonstrate Commitment to Lawful Digital Currency Use to Europol
Representatives from some of the largest businesses in the crypto asset industry have attended a conference held by European law enforcement organization Europol this week. Wallet providers, exchange operators, and payment processors all attended the event to demonstrate their commitment to regulatory compliance. дальше »
2019-6-15 00:00 | |
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Ethereum [ETH]: Societe Generale takes another step towards crypto-adoption by selling bonds as digital assets
The cryptocurrency market has always worked with an intention to integrate with the mainstream financial ecosystem and the latest development from Societe Generale SA [SocGen] seems to have done just the same. дальше »
2019-5-11 22:30 | |
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Ammut ICO (XAMM Token): Blockchain Computing Unit Network?
What Is Ammut? AMMUT is a digital platform that is designed to provide a holistic model that answers to multiple technologies. Specifically, the AMMUT platform is ideal for solving problems that require high computing power such as deep learning, mining, scientific calculations, 3-D rendering, and CGI rendering among others. The software enables anyone to easily […] дальше »
2019-5-8 11:03 | |
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Weiss Ratings: EOS is the best cryptocurrency, then Ripple, and THEN Bitcoin
A division of finance mainstay Weiss Ratings has today put prominent altcoins EOS and Ripple (XRP) alongside Bitcoin as the top three “cryptocurrencies” on the market — and it’s sure to rustle some feathers. дальше »
2019-3-26 16:06 | |
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Fidelity’s Cryptocurrency Arm Starts Offering Institutional Investor Services
Fidelity Investments’ new cryptocurrency arm is now up and running. The unit, Fidelity Digital Assets, began operations earlier this quarter but didn’t make any noise about it. It has already started offering trade execution and crypto custody services to institutional investors such as hedge funds and private wealth management firms. дальше »
2019-3-9 16:20 | |
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Canadian Federal Tax Agency Targets Bitcoin Investors
The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets. дальше »
2019-3-9 23:53 | |
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Long-serving cryptocurrency exchange forced offline, hackers blamed
One of the internet’s longest serving digital asset exchanges, Cryptopia, claims to have been hit by a debilitating hack. After a full day of unscheduled maintenance outages, the NZ-based cryptocurrency exchange posted an official statement, explaining it had suffered “a security breach which resulted in significant losses. дальше »
2019-1-15 14:02 | |
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Japan’s Mizuho Bank To Launch its Own Stablecoin By March, 2019
One of Japan’s ‘Megabank’, Mizuho Bank, has plans of launching its own cryptocurrency by March of this year. The digital asset will be pegged to the Japanese Yen thus joining the stablecoin category of cryptocurrencies. дальше »
2019-1-5 12:46 | |
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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto
Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »
2018-12-1 22:18 | |
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Indian police and Microsoft combine forces to shut down fake call centers
For years, India has been a major hub for tech support call centers that service companies around the world. Unfortunately, not all of them are legit. Earlier this week, police in the capital city of New Delhi raided 16 fraudulent call centers and arrested nearly three dozen people for running scams while pretending to offer customer care. дальше »
2018-11-29 12:27 | |
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B2BX Cryptocurrency Exchange Secures Estonian Blockchain License
B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018. дальше »
2018-11-14 10:00 | |
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Estonia Grants B2BX Crypto Exchange Regulatory License to Operate Within the EU
B2BX cryptocurrency exchange announced on November 12 that it had acquired a license by the Estonian Financial Intelligence Unit (FIU), to operate as a fully regulated exchange for trading digital currencies. дальше »
2018-11-13 14:59 | |
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Iran Completes Development of Rial-Supported National Cryptocurrency
Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports. дальше »
2018-11-11 04:15 | |
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Venezuela to Offer Petro Crypto as Oil Unit of Account at Upcoming OPEC in 2019
Petro is the state-backed currency of Venezuela, but they want to expand its use to be applied to oil as well. They are planning to present their option as a “digital currency of oil” at the Organization of the Petroleum Exporting Countries (OPEC) next year, according to a twitter post from PDVSA. The translated tweet […] дальше »
2018-11-10 01:04 | |
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Turkish Police Detain 11 Suspects in Bitcoin Theft Case
The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash. дальше »
2018-11-4 06:55 | |
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SEC’s End-of-Fiscal-Year Report Reveals Heavy Action Against ICO-Related Fraud
The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases. дальше »
2018-11-3 00:33 | |
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SEC Launches a New Fintech Division to Engage With Fintech and Blockchain Start-ups
The US Securities and Exchange Commission (SEC) announced on Oct. 18 that it is launching the Strategic Hub for Innovation and Financial Technology (FinHub), a new division that will help the regulatory agency to engage with fintech start-ups. дальше »
2018-10-22 17:29 | |
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