Digital Financial News
08.06 / 13:39
Provident
Digital
Gap
Checkout.com
settlement
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
UK-based payments solution provider Checkout.com announced on Tuesday the launch of its stablecoin settlement solution by using Fireblocks’ new crypto payment technology.
08.06 / 11:47
cryptocurrency
Digital
Coindesk
Trading Firms Citadel Securities, Virtu Building Crypto "Eco-System": Report
The consortium of firms behind the project includes Sequoia Capital and Paradigm, the report said.
08.06 / 11:37
Digital
VISA
MasterCard
Threat
Crypto poses a threat to the safety of global payment systems, fintech boss warns
AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure.
08.06 / 10:41
Digital
Action
Mobile
Will a new Japanese law allow seizure of your crypto?
According to reports, Japan’s Justice Ministry is considering revising an asset seizure statute connected to organized crime. This is expected to include a provision allowing crypto to be hijacked in such cases.
08.06 / 10:05
Digital
Bitcoin
Here’s what the bipartisan crypto bill has in store for the CFTC, bitcoin and ether
A long awaited bipartisan framework for US federal oversight of cryptocurrencies was unveiled on 7 June, and if passed by the US Congress, would mark a major milestone for a digital asset industry that has spent years lobbying for legislation to bring regulatory clarity to the space.
08.06 / 09:15
Blockchain
cryptocurrency
Digital
cryptocurrency news
Crypto Technology To Be A Priority For Britain's Market Activities
Britain will begin testing of crypto blockchain technology for traditional market activities next year
08.06 / 09:15
cryptocurrency
Digital
Platform
cryptocurrency news
Bitcoin
Can Cryptos Be Accepted To Assess High-Net-Worth Clients? Yes, Says Firm
Singapore's private securities platform ADDX has said it would give credence to crypto assets
08.06 / 07:45
cryptocurrency
Digital
Platform
cryptocurrency news
Bitcoin
Financial
Financial Firm ADDX, Becomes First Entity To Recognise Crypto Assets In Singapore
Singapore's private securities platform ADDX has said it would give credence to crypto assets
08.06 / 02:13
Digital
Riksbank's Skingsley appointed head of BIS Innovation Hub
Established in 2019 to support exploratory work into new frontiers in financial technology, the BIS Innovation Hub has centres in Hong Kong, London, Singapore, Stockholm and Switzerland. Another two centres, in Frankfurt/Paris and Toronto, are set to open this year.The hub's projects focus on priority themes such as central bank digital currencies (CBDC), next-generation financial market infrastructures, supervisory and regulatory technology, open finance, cyber security and green finance.
07.06 / 19:49
Blockchain
Ethereum
Digital
Platform
Grayscale increases ADA allocation to 30% following which Cardano…
Cardano[ADA] witnessed an impressive rally last year in June following an important update. Well, the digital assets behemoth Grayscale added the token to its digital large-cap fund.
07.06 / 16:43
ETH
BTC
Digital
Bitcoin
Weekly
BTC, ETH, SOL, XRP comb staggering weekly inflows and outflows figure
The cryptocurrency market continues to be the prime victim of different headwinds (regulations, war, et al) as prices decline. At press time, the crypto market suffered a fresh 5% correction as it stood at the $1.2 trillion mark. New investors remained skeptical to join this niche asset class given the bearish run.
07.06 / 16:11
Digital
NASDAQ
coinbase
Bitcoin
Bitcoin drops 6% to again trade below $30,000 as selloff resumes
Bitcoin fell below $30,000 again Tuesday as the cryptocurrency's recent selloff resumed.
07.06 / 15:39
cryptocurrency
Digital
CEO
cryptocurrency news
Portugese Soccer Club Benfica To Launch Fan Token
Portugese soccer club Benfica will launch a fan token
07.06 / 14:19
Digital
crypto rules
Senators
Financial
Senators set to propose sector-friendly crypto rules that promote financial innovation
A pair of US senators were set to propose legislation that would create special exemptions to federal law for some cryptocurrencies, amid an intensifying lobbying push by the industry to avoid existing regulations.
07.06 / 12:59
Blockchain
Digital
Booking
Financial
Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn
Hong Kong-based Animoca Brands has released the company’s key unaudited financial and business highlights for the last three months of 2021 and the first four months of 2022.
07.06 / 12:09
UPS
Citi
Digital
SEC
Bipartisan crypto overhaul seeks to treat most digital assets as commodities and empower CFTC
As excited as Wall Street and Main Street were to have crypto as a new investment idea and store of value, the speed at which cryptocurrencies entered mainstream U.S. markets caused proportionate angst for U.S. regulators, who were equipped only with decades-old securities laws to police an industry many still refer to as the financial «Wild West.»
07.06 / 11:37
Blockchain
cryptocurrency
Digital
CoinSwitch
Future
The Current State of Cryptocurrency In India And How The Future Looks For Investors And HODLers?
Web 3.0 will make the internet fully decentralised.
07.06 / 09:15
cryptocurrency
Digital
cryptocurrency news
Bitcoin
recovery
Cryptocurrency Market Showing Signs Of Recovery Post Freefall
After witnessing weeks of slump, the cryptocurrency market is showing signs of recovery
07.06 / 04:47
Blockchain
Citi
Digital
Bitcoin
Australia’s Gold Coast flirts with crypto-payments despite concerns
Mayor Tom Tate of Gold Coast, Australia, has suggested that people could use cryptocurrencies to pay local taxes in the future. However, detractors have raised concerns about volatility and the ongoing market fall. On 5 June, just over a week before the council is set to present its annual budget, Tate told local news station ABC News,
06.06 / 17:35
Provident
Target
Digital
Platform
Fung raises $2.7m to unify crypto and fiat payment rails
Fung is gunning to be the first regulated platform that unifies crypto and fiat payment rails in a bid to allow for better access to digital assets and payment services. The firm says it will offer technology to merchants to take crypto and fiat payment rails in a compliant manner, where they can meet their own mandatory KYC/AML obligations.Initially it will target e-commerce companies who want to accept fiat and crypto payments at checkout, as well as configurable payouts.
06.06 / 14:07
UPS
Provident
Digital
Bermuda is now the latest to set up crypto-hub plans
Bermuda is the most recent jurisdiction to express a desire to be at the forefront of cryptocurrency legislation. It is presently planning to create a comprehensive and extensive crypto-regulatory framework.
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