Cryptocurrency Analysis and News Portal
The Depository Trust & Clearing Corporation (DTCC), a global financial market infrastructure giant, says traditional IT security frameworks must be updated to tackle the blockchain.An official press release on Feb. 12 took note of the expected rise in adoption of distributed ledger technology like blockchains in financial services globally. The
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ChainUP has launched EXUP a new financial derivatives technology platform for digital assets to empower the blockchain financial ecosystem. 14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially launched EXUP, an independent brand of blockchain financial derivatives, creating a new financial derivatives technology
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The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) is preparing to unveil new regulations around cryptocurrencies, Treasury Secretary Steven Mnuchin said Wednesday.Speaking during a hearing before the Senate Finance Committee, Mnuchin said FinCEN, the nation's financial crimes watchdog, is preparing to roll out some "significant new requirements" around cryptocurrencies,
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A new stablecoin pegged to the Canadian dollar may help digitize the North American nation’s financial markets. Canada Stablecorp announced Monday it was issuing the "QCAD" stablecoin for “mass market,” including foreign exchange remittances and other financial products. Canada Stablecorp is a joint venture between cryptoasset manager 3iQ, which recently
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Today, OKEx announced the release time of the 10th session of Jumpstart where HyperDAO (HDAO) will conduct its token sale. OKEx has always been a proud supporter of the decentralised finance space. Earlier last year, OKEx became the first major platform to integrate Maker’s Dai Savings Rate into its platform.
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The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background.Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets under the European Union's 5th Anti-Money Laundering Directive, the regulator said in a LinkedIn
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Japan's crypto-friendly financial services company SBI Holdings is to give shareholders the option to receive the XRP cryptocurrency as a benefit.SBI announced on Friday that shareholders could either take the benefit in XRP or another product offered by its health food and cosmetics subsidiary SBI Alapromo.Under the scheme, newer shareholders
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BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators.The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the firm’s core subsidiary, BCB Payments, as an authorized payment institution (API), BCB Group announced on
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A company that provides financial services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.'s Financial Conduct Authority (FCA).London-based BCB Group announced the news Wednesday, saying its subsidiary subsidiary, BCB Payments Ltd. is now the "first and only crypto-focused" company
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Japan’s Financial Services Agency is planning to impose strict restrictions on permitted leverage for margin trading in cryptocurrency exchanges. The planned changes were reported by the Japanese news outlet Japan Times which references sources at the agency.The financial regulator is pushing for these restrictions in order to reduce the risk
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