Articles with tag: cryptocurrency

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Russia implements new crypto rules, as banks adapt to new exchanges

10 Aug 2020 | Cryptocurrencies

Russia has introduced new rules regarding the use of cryptocurrency its borders, coming into effect in January 2021. 

Russia, crypto rules, cryptocurrency, banks, exchanges, Bitcoin, Ether, Vladimir Putin, Kremplin, cryptocurrency law, digital currency, Russian Federation, crypto exchanges, Bitcoin mining, blockchain

Wirex receives Georgia-based license, pursues US expansion

07 Aug 2020 | Payments General

Payments company Wirex has received its first money transmission license in the US from the State of Georgia Department of Banking and Finance.

Wirex, license, US, Department of Banking and Finance, money transmission license, cryptocurrency, spending card, exchange, app, crypto-compatible debit card, contactless, crypto rewards scheme, Visa, Cryptoback

Swiss bank Basler Kantonalbank to offer crypto trading and custody services

07 Aug 2020 | Cryptocurrencies

Basler Kantonalbank, a Switzerland-based bank backed by the country’s government, has announced plans to offer crypto trading and custody services via its subsidiary Bank Cler.

Seba, Sygnum, Falcon, Vontobel, Switzerland, cryptocurrency, digital assets, Basler Kantonalbank

Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

ForumPay launches crypto-fiat payment platform for merchants

06 Aug 2020 | Cryptocurrencies

POS solutions provider ForumPay has launched a crypto-and-fiat interchangeable payment platform, enabling consumers to pay in crypto and receive payments in either crypto or fiat. 

ForumPay, crypto-fiat payments, cryptocurrency, payments, crypto adoption, blockchain, e-wallet, coin, payments

OKEx rolls out P2P trading platform in India

05 Aug 2020 | Cryptocurrencies

Crypto exchange OKEx has announced the launch of a peer-to-peer trading platform in India, allowing users to buy cryptocurrencies with INR without fees.

OKEx, P2P trading, trading platform, India, peer to peer trading, cryptocurrency, INR, fees, Bitcoin, USDT, UPI, IMPS, NEFT, digital currencies, Reserve Bank of India, bank lift, local exchanges, CoinDCX

Digital wallet Paysafe selects Kraken as a crypto liquidity provider

03 Aug 2020 | Cryptocurrencies

Specialised payments platform Paysafe has become the latest enterprise to choose Kraken, a US-based cryptocurrency exchange, as a crypto asset liquidity provider.

Paysafe, Kraken, cryptocurrency exchange, US, Skrill, Neteller, crypto assets

Diginex launches crypto exchange in Singapore

31 Jul 2020 | Cryptocurrencies

Hong Kong-based Diginex has launched a cryptocurrency exchange in Singapore, where it currently operates under a ‘temporary exemption’ from licensing. 

Diginex, cryptocurrency, crypto exchange, Singapore, temporary exemption, license, Hong Kong, Nasdaq, EQUOS.io, crypto trading, spot trading, blockchain, Payment Services Act, 8i Enterprises Acquisition, Major Payment Institution

BitPay teams up with CoolBitX

30 Jul 2020 | Cryptocurrencies

CoolBitX, a blockchain security company, has partnered with BitPay, a provider of Bitcoin (BTC) and cryptocurrency payment services. 

BitPay, CoolBitX, partnership, cryptocurrency, transactions, blockchain, payments, CoolWallet S, hardware wallet, JSON Payment Protocol, retailer, AT&T, Twitch, Microsoft, Newegg, BTC, bitcoin, BitcoinCash, XRP, ETH, USDC, BUSD, GUSD

Binance launches trading platform in Australia

29 Jul 2020 | Cryptocurrencies

Binance, a blockchain company, has launched Binance Australia, a fiat-to-crypto trading platform.

Binance, fiat, cryptocurrency, Binance Australia, Australia, blockchain, banks, PayID, mobile app, digital currencies, Singapore, Korea, Uganda, Jersey, US, UK

US bank regulator to allow banks provide crypto custodial services

28 Jul 2020 | Cryptocurrencies

The Office of the Comptroller of the Currency (OCC) has released opinion on US banks safeguarding customers virtual/crypto assets.

crypto custodial services, cryptocurrency, banking, Office of the Comptroller of the Currency, US, cryptographic access keys

PayBito rolls out expanded cryptocurrency listing

28 Jul 2020 | Cryptocurrencies

US-based crypto exchange PayBito has announced the expansion of its cryptocurrency listing. 

PayBito, cryptocurrency, crypto exchange, digital assets, utility coins, trading platform, altcoins, banking security, cryptocurrency trading, blockchain, crypto invoicing, payment dispute management, ticketing, payment processors

FCA to take over the crypto assets promotion

28 Jul 2020 | Cryptocurrencies

The UK Government has proposed to bring the promotion of crypto assets into the scope of the FCA’s existing oversight, rather than creating a new framework for these products.

UK, cryptocurrency, FCA, crypto assets, regulation, CFD

Wyoming Division of Banking accepts Avanti's application

27 Jul 2020 | Cryptocurrencies

Avanti Financial, a crypto-friendly bank, has announced its application was accepted by the Wyoming Division of Banking.  

Wyoming, Avanti, banks, digital asset, digital, cryptocurrency, Wyoming Division of Banking, Avit, US

OCC issues letter regarding banks' crypto custody services

23 Jul 2020 | Cryptocurrencies

US-based bank regulator OCC has posted a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services for customers. 

Office of the Comptroller of the Currency, OCC, US, United States, national banks, federal savings associations, cryptocurrency, crypto, custody services, fintech, innovation, banking, digital assets, state banks

ShapeShift launches its mobile app

23 Jul 2020 | Cryptocurrencies

ShapeShift, a crypto platform, has launched its mobile app. 

ShapeShift, Bitcoin, mobile app, cryptocurrency, digital assets, Ethereum, digital, digital keys, technology, data, exchange, credit card, debit card, cards

PayPal selects Paxos to supply cryptocurrency for new service

20 Jul 2020 | Cryptocurrencies

PayPal has been released plans to bring crypto trading to its large user base and has chosen Paxos to handle the new service’s supply of digital assets.

PayPal, Paxos, cryptocurrency, Bitcoin, US, digital assets, wallet, partnership, Revolut

US Army looks for tech providers that track crypto transactions tools

20 Jul 2020 | Cryptocurrencies

The US Department of Defense and the US Army have requested information on web-based cryptocurrency tracking tools.

bitcoin, cryptocurrency, crypto transaction, crypto tracking, US, software, hardware, US army

PayPal confirms plans to enter the crypto market

17 Jul 2020 | Cryptocurrencies

Digital payments company PayPal has published a letter to the European Commission revealing that is developing crypto-asset management capabilities.

PayPal, crypto, digital payments, European Commission, crypto-assets, cryptocurrency market, AML, CFT

Diginex, Itiviti to leverage Tbricks Automation Platform for institutional crypto clients

17 Jul 2020 | Cryptocurrencies

Diginex, a digital asset financial services and advisory company, has furthered its partnership with Itiviti to implement Tbricks automated solution to provide risk, P&L, and portfolio management to its institutional client base.

trading, connectivity, automation workflows, digital assets, cryptocurrency, Diginex, Iviti, electronic trading