Search
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
25.7.2023
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets, Reuters reported
Diablo IV’s Stingy Battle Pass Won’t Let You Afford Even A Single Item
24.7.2023
Like many battle passes for live-service games, Diablo IV lets you earn some of its premium currency as you grind your way through each of the tiers. And while fans might be ready to take the pass’s sweet 666 platinum to their wallets, they certainly won’t be taking it to the in-game shop,...
Fresh Speculation Arises as US Federal Reserve Debuts FedNow Instant Payments Service
24.7.2023
The US Federal Reserve recently unveiled the FedNow Service system to facilitate instant payments; however, experts warn that the system might become a precursor to the infrastructure for a central bank digital currency (CBDC)....
Read More: Fresh Speculation Arises as US Federal Reserve Debuts...
Openai Announces Chatgpt App for Android Devices
23.7.2023
Artificial intelligence (AI) research lab Openai announced it’s launching an Android version of its Chatgpt chatbot. The application, which will be available for download next week, comes after recent updates of Google’s Bard and a report revealing that Apple is working on its own chatbot service....
Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard
21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...
Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?
20.7.2023
The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live.
According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of...
Fed Dramatically Speeds Up U.S. Payments With 'FedNow' Service, but Downplays Any Tie to CBDCs
20.7.2023
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
20.7.2023
The Federal Reserve certified the FedNow Service as “ready,” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test out the system, before its launch by the end of July 2023
Nasdaq Abandons Crypto Custody Service Amid U.S. Regulatory Challenges
20.7.2023
Nasdaq has scrapped plans for a cryptocurrency custody service amid recent regulatory challenges.
During an earnings call on Wednesday, Nasdaq CEO Adena Friedman said the company has chosen to abandon its plans due to the changing business and regulatory landscape in the United States....
Read...
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
19.7.2023
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...
Deltec Bank's Funds Seized by U.S. Secret Service in Money Laundering and Fraud Probe
19.7.2023
The U.S. Secret Service seized multiple corporate accounts last month controlled by Deltec Bank, a Bahamian bank with ties to crypto-related firms.
New documents unsealed in a federal court on Monday reveal that the secret service seized several U.S bank accounts controlled by Deltec last month. ...
Nasdaq halts launch of cryptocurrency custody service
19.7.2023
Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future
Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
19.7.2023
The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service
U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation
18.7.2023
Tktktktktk
Unstoppable Domains adds .eth domains through Ethereum Name Service partnership
17.7.2023
Unstoppable Domains and Ethereum Name Service have dominated the decentralized domain name space as competitors until now
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
11.7.2023
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions
Namibia Passes Bill for Licensing and Regulating Virtual Asset Service Providers
7.7.2023
Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country.
The Virtual Asset Bill, introduced by the Minister of Finance and Public Enterprises, Ipumbu Shiimi, passed the parliament's lower house in June, aiming...
Latest Thai Securities Guidelines Require Digital Asset Platforms to Issue Crypto Trading Risk Warnings
4.7.2023
According to Thailand’s securities regulator, digital asset service providers will be required to warn prospective investors of the risks that come with trading or investing in cryptocurrencies. The guidelines also state that starting on Aug. 30, 2023, digital asset business operators will...