2024-4-25 18:51 |
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said. origin »
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Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.
2023-11-16 05:00 | |
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In a Sept. 11 post on X, Mountain Protocol announced the launch of USDM, an ERC-20 yield-bearing stablecoin. Mountain Protocol, granted a digital asset business license by the Bermuda Monetary Authority, can now issue, sell, and redeem USDM. The thread on X…
2023-9-12 08:46 | |
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The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.
2023-6-30 19:00 | |
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The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com.
2023-6-8 23:33 | |
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Circle, the company behind the popular USDC stablecoin, just got an official greenlight to operate in Singapore. After receiving an in-principle approval in November last year, Circle’s Singapore branch has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
2023-6-7 22:30 | |
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Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated…
2023-6-7 15:16 | |
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The issuer of USDC received in-principle approval in November last year.
2023-6-7 10:16 | |
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Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMEX execs.
2022-12-14 00:30 | |
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Paxos plans to make at least 130 hires in Singapore having obtained a central bank license to offer crypto products and services, Bloomberg reported Monday.
2022-11-7 12:57 | |
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Circle received an in-principle license as a major payments institution in Singapore, allowing it to offer cross-border and domestic payment services.
2022-11-2 05:00 | |
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Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation's Payment Services Act.
2022-11-2 03:00 | |
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On Monday, Jeremey Allaire, the co-founder and CEO of Circle, announced his intentions of becoming a global digital currency bank to enable frictionless, instant, and nearly free payments. Launched three years ago, Circle is the issuer of the fast-growing stablecoin USDC, which has a market cap of nearly $27.
2021-8-10 18:58 | |
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Diem has withdrawn an application for a FINMA license as it seeks to focus… The post Facebook’s Diem to Launch US Dollar-Backed Stablecoin appeared first on Coin Journal.
2021-5-13 12:49 | |
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The stablecoin issuer has nabbed a banking license, but it doesn't mean they'll be doing any banking in the traditional sense.
2021-4-24 00:37 | |
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The stablecoin issuer completed a successful pilot test for same-day trade settlements with Credit Suisse and Instinet.
2021-4-7 21:45 | |
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Continue reading at Coinspeaker
2020-12-30 15:49 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.
2020-10-21 15:54 | |
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This move comes shortly after Libra initiated a payment system license to commence operations in Switzerland under the oversight of the country’s financial watchdog, FINMA. Speculations arose about a possible launch of the Libra stablecoin by the end of 2020, should the association sort the underlying legal hurdles.
2020-5-7 15:31 | |
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Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […]
2019-9-11 17:55 | |
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The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
2019-9-11 09:47 | |
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The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
2019-9-12 09:47 | |
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A columnist for The Wall Street Journal (WSJ) recently spoke about the upcoming Facebook cryptocurrency, Libra. According to the article, the columnist opines that the proposed stablecoin isn’t as promising as projected and added that Libra gives Facebook the “license to print money.
2019-6-24 20:54 | |
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The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank.
2018-11-12 17:59 | |
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Coinbase Custody has acquired a license under New York State Banking Law to operate as an independent Qualified Custodian. “Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS),” reads Coinbase’s latest blog post.
2018-10-24 04:42 | |
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Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc.
2018-10-24 00:55 | |
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The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS. Also Read: Opera Browser Introduces a Built-in Cryptocurrency Wallet Stasis Launches EURS Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by
2018-7-12 23:40 | |
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With all the controversy and mistrust surrounding Tether (USDT) it’s no surprise that a multitude of new alternatives have popped up recently. The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.
2018-7-12 20:40 | |
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Kalshi has launched an in-house research unit and released data showing its inflation forecasts beat Wall Street. Kalshi is taking a step beyond trading. The U.S.-regulated prediction market has launched a dedicated research arm aimed at turning its data into…
Ethereum Foundation and Columbia Engineering have teamed up to launch a new blockchain research hub to advance the development of blockchain infrastructure and protocols. Columbia Engineering said in an announcement that the partnership with Ethereum Foundation involves the launch of…
As Web3 ideals gain traction across Latin America, the media landscape around them is showing early signs of narrowing, not broadening, and that contrast is hard to ignore. Six crypto-native outlets dominate the region’s news ecosystem, according to a new…
Volatility has always been one of the first things mentioned in various Bitcoin drawbacks lists. According to a recent Ark Invest report, Bitcoin’s volatility reached its lowest level ever. What are the implications of low volatility? The new Ark Invest’s…
March has so far been an extremely volatile month for Bitcoin, with the past 13 days recording sharp price swings ranging between $95,000 and $78,000. However, despite these fluctuations, liquidity played a key role in stabilizing the market, particularly by minimizing the duration of price dips below $80,000.
Centralized exchange (CEX) listings have long been seen as a milestone for crypto projects, promising increased exposure, liquidity, and price surges. However, the reality often follows a predictable pattern: a The post Study of CEX Listing Effects: A Big Pump Followed by a Bigger Dump appeared first on CryptoNinjas.
Bitcoin fluctuated between $92,000 and $100,000 through late December before reclaiming $102,000 by Jan. 6. CryptoQuant data suggests that reduced sell-side liquidity, changes in over-the-counter (OTC) desk balances, and a renewed whale accumulation pattern might be factors shaping these fluctuations.