Category: Crypto
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Ledger integrates Coinbase Pay
Ledger, the industry-leading cryptocurrency hardware wallet manufacturer, has recently announced the integration of Coinbase Pay into its platform. This collaboration aims to provide Ledger users with a seamless payment experience, making it easier for them to transact using their cryptocurrencies. Coinbase Pay is a payment solution offered by Coinbase, one of the most popular cryptocurrency…
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IDnow joins EU crypto compliance consortium
August 25, 2022 – IDnow, a leading provider of digital identity verification solutions, has announced its membership in the EU Crypto Compliance Consortium. This strategic move demonstrates IDnow’s commitment to enhancing the security and compliance aspects of cryptocurrency transactions within the European Union. The EU Crypto Compliance Consortium is a collaborative initiative composed of industry…
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Philippines announces non-blockchain CBDC plans
The Central Bank of the Philippines has made an exciting announcement regarding the introduction of a Central Bank Digital Currency (CBDC). However, what sets their plans apart from other countries’ initiatives is that the Philippine CBDC will not be powered by blockchain technology. CBDCs are digital forms of a country’s official currency that are issued…
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Crypto wallet app COCA launches virtual cards
Introducing COCA’s Virtual Cards COCA, the popular crypto wallet app, has recently announced the launch of its highly anticipated virtual cards. This new addition to their app is set to transform the way users utilize their cryptocurrency holdings. With a virtual card, COCA users will be able to seamlessly make purchases across various online platforms…
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Crypto Finance obtains four licences in Germany
Breaking News: Crypto Finance granted four licenses in Germany In a significant development for the crypto industry, Crypto Finance AG, a leading provider of institutional and professional-grade crypto investment services, has successfully obtained four licenses from the Federal Financial Supervisory Authority (BaFin) of Germany. The licenses, allowing Crypto Finance to legally conduct business in Germany,…
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RBI explores offline solutions to improve CBDC adoption
RBI Explores Offline Solutions to Improve CBDC Adoption Published: September 8, 2022 by Financial Insights Magazine The Reserve Bank of India (RBI) is actively exploring innovative offline solutions to enhance the adoption of Central Bank Digital Currency (CBDC) across the country. With the rapid shift towards digital transactions and the need for a secure and…
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BitGo acquires Brassica
In a strategic move, BitGo, the leader in digital asset financial services, has announced the acquisition of Brassica, a cutting-edge technology company specializing in blockchain-based identity solutions. This acquisition marks a significant development in the growing realm of secure digital identity verification. BitGo, known for its expertise in institutional digital asset security, aims to enhance…
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Argentina adopts QuarkID for blockchain-based citizen ID
Argentina, known for its embrace of cutting-edge technologies, has made a significant leap towards digital identity verification by adopting QuarkID for a blockchain-based citizen ID system. This groundbreaking initiative is set to revolutionize the way identities are managed and secured. QuarkID harnesses the power of blockchain technology to provide a tamper-proof and transparent platform for…
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OKX launches crypto exchange services in Argentina
‘OKX, a globally recognized cryptocurrency exchange platform, has expanded its services to Argentina, providing effortless access to the crypto market for Argentinians.’ Argentinian cryptocurrency enthusiasts and investors have a reason to celebrate as OKX, one of the leading cryptocurrency exchanges in the world, has officially launched its services in Argentina. With the ever-growing demand for…
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B2C2 expands its operations into Luxembourg
Published on October 15th, 2023 About B2C2 B2C2 is a leading cryptocurrency liquidity provider offering seamless execution and competitive pricing to institutional clients. Known for its innovative approach in the digital asset market, B2C2 provides secure, reliable, and efficient trading solutions across a wide range of cryptocurrencies. Expanding Boundaries: B2C2 Enters Luxembourg In a significant…
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Ramp launches document-free verification for crypto transactions
Ramp Launches Document-Free Verification for Crypto Transactions Ramp, the leading decentralized finance (DeFi) protocol, has announced the launch of its document-free verification solution for cryptocurrency transactions. This innovative feature will streamline the onboarding process for users and improve accessibility to DeFi services. Traditionally, users were required to submit various documents, such as identity proofs and…
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Xion Global and Callpay forge South African payments partnership
Xion Global, a leading technology company specializing in global payment solutions, has announced its strategic partnership with Callpay, a prominent payment services provider based in South Africa. This collaboration aims to transform the payments landscape in South Africa, leveraging cutting-edge technologies to deliver seamless and secure payment experiences for businesses and consumers alike. With this…
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Fnality to expand in the US
Fnality to Expand in the US Fnality, a leading global financial technology company, has announced plans to expand its operations in the United States. With a strong presence in Europe and Asia, this expansion represents a significant step in their global growth strategy. Fnality offers blockchain-based solutions for the financial industry, focusing on enhancing efficiency…
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Crypto payments app Oobit Raises USD 25 mln in Series A funding
LONDON, 10th February 2022 – Oobit, a leading cryptocurrency payments app, announced today that it has raised USD 25 million in a successful Series A funding round. This funding will allow Oobit to further strengthen its position in the market and expand its services globally. Revolutionizing Crypto Payments Oobit’s app provides a user-friendly and secure…
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Vast Bank to shut down its mobile crypto app
Important Announcement: Vast Bank, a leading financial institution, has made the decision to shut down its mobile cryptocurrency application. This move comes as the bank reassesses its digital offerings and aligns its services with customer demands and market trends. As part of its commitment to customer satisfaction and experience, Vast Bank has decided to focus…
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Ripple wants to expand its payment services across the US
Ripple, a leading cryptocurrency payment solution, has unveiled its ambitious plan to expand its payment services across the United States. This move marks a significant milestone for Ripple as it seeks to revolutionize the way financial transactions are conducted globally. Ripple’s technology, powered by its digital currency XRP, provides financial institutions with a seamless way…
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Spain targets crypto and NFTs with a new tax reform
Spain has recently announced a new tax reform aimed at regulating and taxing cryptocurrencies and non-fungible tokens (NFTs). The government has recognized the significant growth and popularity of these digital assets and seeks to establish a framework that ensures fair taxation. The tax reform includes the imposition of capital gains tax on cryptocurrency transactions. This…
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Celsius issues creditors USD 3 bln in crypto in exit from bankruptcy
In a groundbreaking move, Celsius, a prominent financial services company, has announced that it will issue its creditors a total of USD 3 billion in cryptocurrencies as part of its successful exit from bankruptcy. After months of strategic planning and negotiations, Celsius has devised a unique resolution that benefits both the company and its creditors.…
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Bitfinex Securities launches digital asset services in El Salvador
Bitfinex Securities, a leading digital asset exchange platform, has announced the launch of its services in El Salvador, opening up new opportunities for users in the country. This milestone is a significant step towards the widespread acceptance and adoption of digital assets, such as cryptocurrencies, in El Salvador. The launch comes shortly after El Salvador…