Cryptocurrency Analysis and News Portal
The European Parliament is moving forward with discussions on amending the European Digital Identity (eID) framework and establishing the European Digital Identity Wallet (EUDI Wallet) to offer E.U. citizens a secure and convenient way to access public services. On March 15, the European Parliament approved further discussion on amending the eID
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Cryptocurrency derivatives exchange dYdX has announced it will be restricting Canadian user accounts over the next seven days in a move to exit the market.In an April 7 blog post, dYdX said it will be “winding down services” in Canada, starting with halting the onboarding of new users located in
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Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum to Provide Digital Asset Products and Services The financial services unit of
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Digital Currency Group’s (DCG) Foundry will soon stop offering free services to its customers. The Bitcoin mining firm will begin charging a pool fee from its members starting April 19, 2023. Foundry has provided its mining pool services for free since its inception in 2019. Foundry, the Bitcoin mining firm owned by the
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A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.In its ‘Illicit Finance Risk Assessment of Decentralized Finance’ report released on April 6, the
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Al Ansari Financial Services experienced an upswing in the value of its shares after instituting 2023’s first Dubai IPO. The shares of UAE remittances and money exchange firm Al Ansari Financial Services surged 17% in its initial public offering (IPOIPO) outing at its Dubai Financial Market trading debut. The family-owned company raised $210
Read MoreThe ICO’s Regulatory Sandbox aims to support organisations who are creating products and services which utilise personal data in innovative and safe ways. Good With, a fintech and edtech start-up, entered the Sandbox as part of its work to
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VP Bank, one of the largest banks in Liechtenstein, has partnered with digital asset infrastructure provider Metaco to consolidate its digital asset custody and tokenization operations. According to an announcement, VP bank will use Metaco’s Harmonize platform to expand its services, and enable support for tokenized asset minting, burning and storage.
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Google’s chief of finance referred to the 2008 times when the expenses were growing faster than the revenue, and thus they have decided on an internal rejig in that regard. Big-tech companies across the globe have been cutting additional costs amid the tightening macro environment. Ruth Porat, Google finance chief,
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It is said that the exchange exposed its users to a very significant risk by combining several aspects of its operations that should have been registered and operated separately. The United States Securities and Exchange Commission (SEC) has charged Beaxy cryptocurrency trading platform for operating in the US as an unregistered
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