Tag: Financial Services

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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...
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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...
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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...
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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...
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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....
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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...
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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...
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White House Nominates CFTC Commissioners for FDIC, Treasury Roles

The White House is expected to nominate U.S. Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC)...
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Swiss Regulator Closes Crypto-Linked FlowBank; Bankruptcy Initiated

FlowBank, a Swiss online bank known for its crypto ties, has been closed down by the Swiss Financial Market Supervisory Authority (FINMA) due to...
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EU MiCA Regulations: Final Draft Technical Standards Revealed

The European Banking Authority (EBA) recently released the final draft technical standards on prudential matters for firms to comply with under the Markets in...
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Efficient 3D Asset Management Guide: Exploring OpenUSD

In the fast-paced world of 3D asset management, efficiency and collaboration are key. OpenUSD, a versatile framework developed by NVIDIA, is revolutionizing the way...