Cryptocurrency Analysis and News Portal
Deutsche Bank with about €1.3 trillion in assets under management will leverage the Taurus tokenization to manage customers’ digital assets. Germany’s leading banking institution for over 150 years Deutsche Bank AG (NYSE: DB) has announced a strategic partnership with Taurus SA to provide crypto asset custody services to its global
Read More
On Sep. 14, Deutsche Bank, an international financial institution headquartered in Germany, divulged its strategic foray into crypto and blockchain technology after collaborating with Taurus, a Swiss enterprise with expertise in multiple domains—ranging from the issuance of digital currencies to the secure custody and trading of tokenized assets and non-fungible
Read More
Crypto lending firm Genesis, a subsidiary of Digital Currency Group (DCG), will stop offering spot and derivatives trading for crypto assets through its British Virgin Islands unit.According to a Sept. 14 statement from a Genesis spokesperson, the firm will “voluntarily and for business reasons” wind down its digital asset trading
Read More
"Genesis has decided to stop offering digital asset spot and derivatives trading through GGC International, Ltd. (GGCI)," the statement reads. "This decision was made voluntarily and for business reasons. With this termination of services from GGCI, Genesis no longer offers trading services through any of its business entities." Source
Read More
The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets.According to Taurus co-founder Lamine
Read More
Together with Parity Technologies, the firm plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions. The two plan to offer staking of DOT, Polkadot's native token in order to further expand the network's reach among institutions. Source
Read More
Coinbase has provided information that seemingly contrasts a media report suggesting that it would soon halt all operations for its Indian customers.According to a Sept. 11 report from TechCrunch, Coinbase India users were reportedly warned via email that all services would be discontinued by Sept. 25, and were urged to
Read More
Grab, a leading super-app in Southeast Asia with functions ranging from ride-hailing to food delivery, has recently integrated web3 services into its platform, including the offering of NFT vouchers in partnership with the Monetary Authority of Singapore (MAS). As of Q3 2023, the app reportedly had over 34.9 million monthly active
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SBI Group, a leading financial institution in Japan, announced an expanded partnership with Ripple and SBI Ripple Asia to broaden its remittance services on Sep. 6. This collaboration will allow SBI Remit, the company’s international money transfer
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A World Federation of Exchanges survey found that 41% of the participating trading venues already offer crypto-related services or products. Furthermore, according to the survey results published on Sept. 5, 24% of the platforms without such
Read More