Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing – Bitcoin News
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Stablecoin Issuer Paxos Shares Details on PAX, BUSD Reserves
Paxos, a leading stablecoin issuer has released a thorough breakdown of its stablecoin reserves. Paxos Determined to Prove Stablecoin Reserves In a detailed blog post published yesterday, Paxos, the company in charge of the PAX and BUSD stablecoins shared details about the breakdown of its stablecoin reserves. Data from CoinGecko hints BUSD
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Canadian Bitcoin ETF issuer seeks ‘green BTC’
Ninepoint Partners LP, one of Canada’s Bitcoin (BTC) exchange-traded fund issuers, has announced plans to offset the carbon footprint of its BTC ETF product.According to a release issued on Monday, Ninepoint has inked a partnership with carbon offsetting service provider CarbonX. As part of the partnership, Ninepoint will dedicate an
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Swiss crypto ETP issuer passes $1B assets under management
21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks.The company announced Monday that 21Shares has passed the $1 billion mark in AUM across its diversified 12 crypto asset ETPs. 21Shares CEO Hany Rashwan said that
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Evolve Becomes Second Canadian Issuer to Win Approval for Bitcoin ETF
The Ontario Securities Commission (OSC) has approved Canada’s second bitcoin exchange-traded fund (ETF). Evolve’s bitcoin ETF was conditionally approved on Tuesday to trade on the Toronto Stock Exchange, the company announced in a press release. “Evolve was the first to file for a bitcoin ETF in the U.S.,” said James Seyffart, ETF
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USDC issuer Centre lands Wall Street veteran David Puth as CEO
Centre Consortium, the company behind USD Coin, has hired former State Street and JPMorgan executive David Puth as its new chief executive officer, or CEO. Centre made the announcement early Tuesday in a Medium post that praised Puth for his leadership credentials. The new hire will help Centre expand its global
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USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
The Centre Consortium, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its first CEO.Puth has held senior executive roles at JPMorgan and State Street, and most recently was the CEO of CLS, the foreign exchange settlement provider made up of
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Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company.As reported by the Financial Times on June 18, auditors from Big Four accounting company EY “could not confirm the existence of €1.9bn in cash,” or about
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Japan’s Top Credit Card Issuer Building Blockchain Payment System
The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain.According to a May 15 statement released by JCB, the partnership will utilize TECHFUND's expertise on security token offerings (STOs) and staking to create a new platform for
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Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm
Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on
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