Quick Read: – Voyager released its latest financial report for the year with impressive figures – Recording Increases in customer asset growth, brokerage accounts, and revenue In a press release, Canadian publicly listed cryptocurrency broker, Voyager announced an impressive 1,159 % surge in revenue, registering approx. $1.1 million over the fiscal year ending June 2020. […]
Tag: STO
After Kraken, Avanti Granted the License to Become a Crypto Bank by Wyoming State Regulator
The first one was Kraken, and now another crypto bank is here. The Wyoming State Banking Board granted Avanti Bank & Trust a bank charter with 8-0 votes that give it the same powers as national banks. With this, Avanti can now provide custody service for digital assets as a qualified custodian and deposit customer funds that […]
INX to Acquire and Merge with OpenFinance, Creating Regulated Trading Platform for Digital Securities and Cryptocurrencies
Liquidity is the oft-noted promise and allure behind digital securities. To facilitate this potential, secondary marketplaces are needed, allowing for a platform on which investors can easily buy/sell such assets. One of the sector’s most well-known platforms of this kind, OpenFinance, has just been acquired by INX Limited. In doing so, INX will be able […]
JPMorgan Deep Dives in Blockchain with Onyx, CEO says the Tech is Now Just Beyond the “Hype Curve”
JPMorgan’s stablecoin JPM Coin is finally being used commercially for the first time. Takis Georgakopoulos, JPMorgan’s global head of wholesale payments, revealed on Tuesday that a major tech firm, whose name is not disclosed, will be using the token to make global payments starting this week. The investment bank that moves more than $6 trillion […]
Adoption of Blockchain by Banks on the Rise Globally – JP Morgan, United MultiState, DBS
Over the past year, much has been said about central banks and the foray into ‘central bank digital currencies (CBDCs). This was made evident in a recent survey by the Bank for International Settlements (BIS), where it was found that roughly 80% of central banks are in the midst of CBDC development. These central banks […]
One of Asia’s Largest Banks, DBS, Launches Fiat-to-Crypto Exchange; Opens with BTC, BCH, ETH, & XRP
2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets. […]
UK blockchain firm to build crypto banks in India
The London-based Fintech firm is looking to open a number of physical crypto branches and operations in Northern India The blockchain company, Cashaa, announced yesterday it will be collaborating with India’s United Multistate Credit Cooperative Society to develop a new venture. The two seek to jointly build a crypto-friendly institution dubbed UNICAS and will include […]
DBS Bank Is Launching Crypto Exchange with Multi-Fiat Support
The bank will offer crypto custodian and security token services as well.
BIS to Launch A ‘Proof of Concept’ CBDC With Swiss National Bank By End of the Year
Central Bank Digital Currencies (CBDC) are becoming very popular amongst countries globally. It seems every day there is a new country popping up to release news that they are either researching or denouncing the need for a CBDC. The latest development shows that by the end of 2020, the Swiss National Bank (SNB) and Bank […]
Blockchain Expo Europe: a must-see event for industry professionals
As we head into November next week, we thought it was worth taking a look to see what we can expect at the Blockchain Expo Europe this year The Blockchain Expo Europe 2020 will take place at the end of November, with virtual talks taking place for two days and live talks taking place in […]
