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Global digital asset exchange Gate.io has pledged USD 100 million as part of a liquidity support fund that aims to revive the crypto industry.
funding, digital assets, cryptocurrency, blockchain, cryptocurrency exchange
Cryptocurrency lending platform Nexo says it is ‘phasing out’ the US side of its operations, after unsuccessful talks with regulators.
cryptocurrency exchange, cryptocurrency, regulation, lending
Bank of Indonesia has announced developments in its plans to launch a central bank digital currency, (CBDC), for digital economic and financial transactions.
CBDC, central bank, digital currency, cryptocurrency, digital assets
BUX, a Netherlands-based financial services firm, has expanded its European footprint with the acquisition of the retail brokerage arm of neobroker Ninety Nine.
expansion, acquisition, financial services, retail, cryptocurrency
Cryptocurrency exchange Coinmama has partnered Open Banking platform TrueLayer to provide instant payments for customers across Europe.
cryptocurrency exchange, cryptocurrency, partnership, instant payments, account-to-account payment
US-based payments processing company Stripe has launched its own fiat-to-crypto on-ramp in order to allow clients to exchange dollars for cryptocurrencies.
DeFi, cryptocurrency, product launch, cryptocurrency exchange
Switzerland-based smart bank SEBA has chosen Hong Kong as its first strategic location in APAC by opening a new office and expanding its operations.
cryptocurrency, expansion, banks, digital assets
Blockchain and cryptocurrency infrastructure provider Binance has entered the Japanese market by acquiring Sakura Exchange BitCoin (SEBC).
acquisition, expansion, cryptocurrency, cryptocurrency exchange
UK-based fintech Plum has expanded its portfolio of investment options with crypto investing in France, Spain, Ireland, and Belgium.
cryptocurrency, investment, product upgrade, fintech
The president of the European Central Bank has called for the regulation and supervision of the crypto sector in the EU in the wake of FTX’s downfall.
regulation, cryptocurrency, MiCA, report
US-based real-time payments enabler ACI Worldwide has partnered with payment service provider (PSP) Vendo Services to enable crypto payments for its merchants.
partnership, payments , cryptocurrency, payment methods, cryptocurrency exchange, merchants, ecommerce, payments infrastructure
US-based crypto lender BlockFi has filed for Chapter 11 bankruptcy protection due to a liquidity crisis caused by its proximity to FTX.
cryptocurrency, crypto asset, financial services, lending
Douwe Lycklama, founding partner at INNOPAY, formulates a lucid analysis of the context that lead to the FTX collapse, while detailing the important lessons that the crypto and larger economic market should learn and act on in the coming future.
cryptocurrency, cryptocurrency exchange, regulation, blockchain, FTT, Bitcoin
Singapore-based crypto lending firm Matrixport has secured half of a USD 100 million funding round at a USD 1.5 billion valuation.
funding, lending, cryptocurrency, investment
Blockchain and cryptocurrency infrastructure provider Binance has revealed plans to commit USD 1 billion for a cryptocurrency recovery fund.
cryptocurrency, funding, cryptocurrency exchange, blockchain
The Paypers has launched Crypto Payments and Web 3.0 For Banks, Merchants, and PSPs, an essential guide to accepting crypto payments and the cash management around it.
cryptocurrency, DeFi, blockchain, Web 3.0, stablecoin, cryptocurrency exchange, crypto, digital payments, digital wallet
The International Monetary Fund (IMF) has proposed an increase in regulation and better consumer protection in Africa’s cryptocurrency market.
regulation, cryptocurrency, CBDC, crypto asset
South Korea-based Paycoin has partnered Singapore-based crypto payment gateway TripleA in order to expand into the global crypto payments space.
cryptocurrency, digital payments, partnership, blockchain
How to tap into Crypto Payments and Web 3.0 For Banks, Merchants, and PSPs is an essential guide to accepting crypto payments and the cash management around it.
cryptocurrency, cryptocurrency exchange, crypto asset, DeFi, web3, digital wallet, stablecoin, CBDC, tokenization, blockchain, banks, fintech, merchants, metaverse
The Reserve Bank of India (RBI) has started to prepare the rollout of a retail digital rupee pilot following a testing phase of the wholesale usage of its CBDC.
cryptocurrency, CBDC, central bank, crypto asset