Tag: Financial Services
Germany’s First Regulated Euro Stablecoin: DWS Unveils New Digital Currency
Germany’s asset management firm DWS is making strides in the crypto space by planning to launch the first regulated euro stablecoin in the country. The firm aims to have the stablecoin live by 2025,...
Valora Launches Mobile Stack DApps Launchpad for P2P Payments – CoinJournal
Valora has launched a new platform called Mobile Stack, which is designed to make it easier for developers to create and deploy mobile-first decentralized applications (DApps) on iOS and Android. This initiative is aimed...
Fusing Digital Assets with Mainstream Services: Taiwan Mobile’s VASP License Bid
Taiwan Mobile, one of the major telecom operators in Taiwan, has taken a significant step in the crypto regulatory landscape by applying for a license to operate as a Virtual Asset Service Provider (VASP)....
Nigeria’s New Crypto Regulations: Local Offices and Leadership Requirements for Licensing
The Securities and Exchange Commission (SEC) of Nigeria has recently introduced new regulations for Virtual Asset Service Providers (VASPs) operating in the country. These regulations aim to ensure closer regulatory supervision and support for...
Boost Financial Inclusion and Payment Efficiency in the Middle East with CBDCs
The International Monetary Fund (IMF) recently conducted a survey in the Middle East and Central Asia region regarding Central Bank Digital Currencies (CBDCs) and their impact on financial inclusion and payment efficiency. The survey...
Standard Chartered Launches Spot BTC and ETH Trading Desk
Standard Chartered, a well-known global bank, is making a bold move by launching a spot trading desk for Bitcoin and Ethereum. This initiative will make it one of the first major banks to enter...
Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags Behind
Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags BehindAccording to a recent report by global consulting firm McKinsey & Company, the adoption of tokenization is expected to happen in waves, with assets...
Fireblocks Enhances Crypto Custody Services with ‘One-Click’ Audits and Tax Reporting
Fireblocks, a cryptocurrency custody firm, has announced a new partnership with Tres, a startup specializing in accounting, auditing, and tax reporting for digital assets. This collaboration will enable Fireblocks' clients to easily generate audit-ready...
X CEO Announces Payment Feature Launch as Platform Nears ‘Everything App’ Status
X CEO Linda Yaccarino recently announced that the social media platform is gearing up to launch a payment feature, marking another step towards its goal of becoming an "everything app." Under her leadership since...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million in outflows. This was nearly half of the total $226...
