Articles with tag: crypto

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Cashaa, United Multistate Credit Cooperative Society partner in India

27 Oct 2020 | Cryptocurrencies

UK-based Cashaa has partnered with the United Multistate Credit Cooperative Society to provide savings accounts and loans to its customers and crypto investors in India.

Cashaa, United Multistate Credit Cooperative Society, Unicas, cryptocurrency, crypto, partnership, loans, India

PayPal, Epik terminate partnership

26 Oct 2020 | Cryptocurrencies

PayPal has cut ties with US-based Epik over financial risk issues and problems reportedly associated with Epik's digital coin services.

PayPal, Epik, partnership, cryptocurrency, US, Masterbucks

PayPal users to spend USD 50 bln by 2022 with crypto payments, Reuters

26 Oct 2020 | Cryptocurrencies

PayPal has received a conditional Bitlicense by the New York State Department of Financial Services (NYDFS) to launch a new service, according to Reuters.

PayPal, cryptocurrency, payments, Reuters, Bitlicense, US, New York State Department of Financial Services, NYDFS, digital wallet, Bitcoin, Ethereum, Bitcoin Cash, Litecoin

PayPal to allow crypto transactions on its network

22 Oct 2020 | Cryptocurrencies

PayPal has joined the cryptocurrency market, allowing customers to buy, sell, and hold Bitcoin and other virtual coins using the US digital payments company’s online wallets.

online wallets, PayPal, Cryptocurrency, Bitcoin, virtual coins, Ethereum, bitcoin cash, Litecoin, central banks

Mode adopts Bitcoin as treasury reserve asset

21 Oct 2020 | Cryptocurrencies

Mode Global, an LSE-listed Fintech Group, has allocated up to ten percent (10%) of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset.

Mode Global, fintech, UK, Bitcoin, cryptocurrency, investment, mobile app

Cordite Society launches Corda Network digital currency

20 Oct 2020 | Cryptocurrencies

Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.

DeFi, stablecoin, cryptocurrency, token, Cordite Society, UK, Corda, blockchain, R3, CBDC

Polymath adds Coinbase Custody to its Service Provider Ecosystem

20 Oct 2020 | Cryptocurrencies

US-based digital asset custodian Coinbase Custody has been added to the Polymath Service Provider Marketplace. 

Polymath, Coinbase Custody, Service Provider Ecosystem, Polymath Service Provider Marketplace, US, digital asset, custodian, KYC, AML, custody storage, token, NYDFS, regulation, crypto, cryptocurrency, crypto assets

Wirex raises USD 4.3 million in crowdfunding campaign

20 Oct 2020 | Cryptocurrencies

UK-based crypto payments firm Wirex has raised over USD 4.3 million in a crowdfunding campaign on Crowdcube, beating its initial target by 370%.

Wirex, cryptocurrency, contactless card, fiat currency, Mastercard, reqard scheme, US, Japan, Asia, APAC, North America,

CryptoBLK, CargoX accelerate digitalisation in global trade and supply chains

19 Oct 2020 | E-invoicing, SCF & E-procurement

Hong Kong-based CryptoBLK and Slovenia-based CargoX have partnered to streamline processes and accelerate digitalisation in global trade and supply chains.

CryptoBLK, CargoX, partnership, integration, blockchain, supply chain finance, Atlas Elite, DLT, Corda, Ethereum, Hong Kong, Slovenia

GSB presents electronic money system based on blockchain, G999

16 Oct 2020 | Cryptocurrencies

GSB Gold Standard Banking Corporation (GSB), a Germany-based software, IT, and blockchain group, has launched a technology called G999 that supports cryptocurrency transactions.

GSB Gold Standard Banking Corporation, GSB, tokens, cryptocurrency, payments, mobile wallets, software, G999, privacy

20 arrests in QQAAZZ multi-million money laundering case

16 Oct 2020 | Digital Identity, Security & Online Fraud

20 individuals suspected of belonging to the QQAAZZ criminal network which attempted to launder tens of millions of euros on behalf of the world’s foremost cybercriminals have been arrested.

cybercriminals, Europol, fraud prevention, bank accounts, money laundering, cryptocurrency, banks, QQAAZZ, tumbling services

Prime Trust integrates Bittrex into its system

14 Oct 2020 | Cryptocurrencies

US-based Open Banking solutions provider Prime Trust has integrated Bittrex, a blockchain technology and cryptocurrency exchange, into its system.

Prime Trust, Bittrex, open banking, blockchain, cryptocurrency, fiat, API

Cypherium launches decentralised exchange CypherSwap

13 Oct 2020 | Cryptocurrencies

US-based Cypherium, an enterprise-focused blockchain platform has announced the launch of CypherSwap, a decentralised exchange (DEX) offering cross-chain compatibility.

Cypherium, CypherSwap, decentralized exchange, DEX, DeFi-centric, tokens, blockchain, AMM, United States, US, blockchain platform, Ethereum, XRP, cryptocurrency, Bitcoin

OpenPayd, Token to unlock Open Banking for businesses

13 Oct 2020 | Payments General

OpenPayd, an API-led Banking-as-a-Service provider, has teamed up with open banking infrastructure provider, Token.io LTD to bring Open Banking to OpenPayd’s customers.

Open Banking API, banking, payments, OpenPayd, Token, crypto, financial institutions, remittance companies, lenders, online marketplaces, banking payments

Central banks set out to regulate stablecoins like Facebook's Libra

13 Oct 2020 | Cryptocurrencies

Central banks have set out to regulate cross-border stablecoins with a common approach, adding that more rules may later be needed to ensure stability.

stablecoins, cryptocurrency, Libra, Facebook, banks, central banks, CBDC, bank capital, anti-money laundering, regulation

LuxTrust, Cryptomathic to offer remote e-Signature assurance for LuxTrust users

12 Oct 2020 | Digital Identity, Security & Online Fraud

LuxTrust has teamed up with Cryptomathic, a technology provider and pioneer in remote signature and non-repudiation, to offer e-signature security services for LuxTrust users.

LuxTrust, Cryptomathic, remote e-Signature assurance, Luxembourg, digital users, eIDAS, Qualified Signature, partnership, digital identity

Crypto to pose challenges to law enforcement activities, according to DOJ

12 Oct 2020 | Cryptocurrencies

Cryptocurrencies pose an emerging challenge to law enforcement activities; the US Attorney General William Barr’s Department of Justice (DOJ) has mentioned in DOJ’s ‘Crypto Enforcement Framework’.

Financial Action Task Force, cryptocurrency, money laundering, digital assets, DOJ, US, virtual assets, blockchains

Cashaa to launch crypto-friendly online bank in India

09 Oct 2020 | Cryptocurrencies

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa, UK, India, cryptocurrency, crypto, online bank, B2B, banking, fintech, lending

Prime Trust features Stellar as supported cryptocurrencies

09 Oct 2020 | Cryptocurrencies

API-enabled B2B open banking financial solutions provider Prime Trust has added Stellar Lumens (XLM) to its list of supported cryptocurrencies.

Prime Trust, Stellar, cryptocurrency, Stellar Lumens, XLM, API, B2B, open banking, financial institution, financial infrastructure, fintech, blockchain, crowdfunding, financial services

Bank of Korea plans cryptocurrency (CBDC) testing in 2021

08 Oct 2020 | Cryptocurrencies

South Korea’s central bank has revealed that the third and final phase of its pilot programme for a CBDC will commence in 2021.

Bank of Korea, cryptocurrency, CBDC, South Korea, central bank, BOK, central bank digital currency