Ad Twitter owner Elon Musk said during a conference on March 7 that his social media company aims to become a leading payment service. Musk wants Twitter to be a payment tool In an interview with Morg...
Tag: institution
Become ‘Biggest Financial Institution In The World’
Topline Twitter is nearing profitability, its billionaire owner and CEO Elon Musk claimed in a Tuesday interview, sharing further details on his lofty long-term aspirations for his social media compan...
Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves
Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to ...
Why Uniswap holders’ decision may have been at mercy of this institution
a16z could have been the group influencing most Uniswap proposals. The protocol’s founder had not answered to the allegation but UNI dropped 5%. Recently, Uniswap [UNI] holders who have stuck to the p...
Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
Although LevelField may become the first FDIC-insured bank to offer crypto services, that does not mean the bank will necessarily offer a safer way to invest in volatile digital assets. FDIC insurance...
Binance Is Becoming A Financial Institution In This European Country
Join Our Telegram channel to stay up to date on breaking news coverage The world’s largest cryptocurrency exchange by trading volumes, Binance, has been registered in Sweden. With this registration, B...
Brazil’s Central Bank Grants Payment Institution License to Crypto.com
2 hours ago | 2 mins read Exchange News CEO Kris Marszalek recently said that Crypto.com is “incredibly proud.” A number of additional countries provided licenses to the trading platform in 2022. Cryp...
Crypto.com Obtains Payment Institution License in Brazil
Cryptocurrency exchange Crypto.com has received a Payment Institution License (EMI) from the Brazilian central bank. Crypto exchange Crypto.com (CRO) has obtained an EMI license from the Central Bank ...
Crypto.com Received a Payment Institution License (EMI) in Brazil
The cryptocurrency exchange Crypto.com obtained a Payment Institution License (EMI) from the Central Bank of Brazil. The authorization will allow the firm to continue offering digital asset products ...
Crypto.com Receives License as a Payment Institution in Brazil
“Brazil and the entire Latin America market is a significant region in the pursuit of our vision of cryptocurrency in every wallet,” Crypto.com CEO Kris Marszalek said in a statement. Marcos Jarne, ge...
Bybit Introduces $100M Institution Support Fund
9 seconds ago | 1 min read Exchange News As a result of the crisis surrounding FTX, the cryptocurrency industry has been shaken to its core during the last two weeks. Both traders and organizations ha...
Philippines Financial Institution Unionbank Now Provides Crypto Custody and Trading Services – Bitcoin News
The Union Bank of the Philippines, Inc., more commonly known as Unionbank, announced that the financial institution launched bitcoin and ethereum custody and trading services. The ninth largest bank i...
Brookings Institution disputes claim that crypto improves financial inclusion
Brookings Institution, the influential Washington DC-based think tank, has disputed promises about crypto’s oft-heralded claim of improving financial inclusion. In her report on behalf of Brookings, T...
Is The Debt Ceiling The Only Remaining Institution Capable Of Shrinking The Federal Government?
Even before the pandemic episode, spending on debt service threatened to rival the entire federal defense budget. WASHINGTON, DC – JULY 25: U.S. President Joe Biden listens as Communications Wor...
Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency – Bitcoin News
Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said t...
Citigroup Becomes Latest Institution to Make Moves into Crypto
Citigroup has finally put a toe into the crypto waters by leading a funding round in a Hong Kong-based asset management company. Xalts has been awarded $6 million in seed funding co-run by Citi Ventur...
Institution Investors Will be the Game Changer in the Crypto Market-Apollo Capital
CIO of crypto asset fund manager Apollo Capital, Henrik Andersson, said in an interview that he believes institutional investors will be the “game changer” in the cryptocurrency market. Andersson argu...
Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS
The central bank of Singapore also known as the Monetary Authority of Singapore (MAS) has issued a standard payment institutional license to BHEX.SG, a digital assets trading platform. According to an...
TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution
Geneva, Switzerland, 10th August, 2022, Chainwire The TRON DAO Reserve has announced Wintermute as the ninth Member and Whitelisted Institution to mint Decentralized USD (USDD), the over-collateralize...
FinCEN Alerted Financial Institution For Russia’s Crypto Activities
49 mins ago | 2 mins read Editors News Financial institutions support the U.S and international efforts to weaken Russia. Russian government using CVCs to evade widespread sanctions. The Bureau of Ind...
Ripple Inks Major Partnership with Singapore-based Payment Institution
Alex Dovbnya FOMO Pay will use Ripple’s On-Demand Liquidity product in order to increase the efficiency of payments Blockchain company Ripple has inked a partnership with FOMO Pay, one of the leading ...
Bank Of America Becomes Latest Financial Institution To Forecast Recession
Topline Bank of America on Wednesday became the latest financial institution to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank, Goldman S...
Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution – Fintech Bitcoin News
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa...
UK Financial Ltd Secures a Multi-Million Dollar Line of Credit with Trustfinco Banking Institution
Place/Date: – June 20th, 2022 at 11:57 am UTC · 2 min read Source: UK Financial Ltd UK Financial Ltd today announced that it has received a Multi-Million Dollar line of credit with Trustfinco Ba...
How a DAO for a bank or financial institution will look like
DAOs can provide several services for banks, including asset management, compliance and lending. Banks today are already using blockchain technology for things like payment, clearing and settlement, t...
A Tribute To Zlatan Ibrahimovic, The Cult-Like Leader Who Transformed An Italian Institution
REGGIO NELL’EMILIA, ITALY – MAY 22: Zlatan Ibrahimovic of AC Milan celebrates with the cup after … [+] winning the championship after the Serie A match between US Sassuolo and AC Mil...
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced – Featured Bitcoin News
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the fir...
TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution – crypto.news
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin ...
TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin ...
Bison Bank Becomes Portugal’s First Financial Institution to Receive Crypto License (Report)
Banco de Portugal (the nation’s central banking institution) has reportedly approved Bison Bank to start offering cryptocurrency services to clients. To do so, the latter will create a subsidiary call...
Shinhan -South Korea bank has become the first financial institution to issue cryptocurrency accounts
Shinhan Bank in South Korea has become the first local financial institution to provide cryptocurrency-related accounts. The bank granted corporate won accounts to the cryptocurrency trade site Korbit...
Bank of England’s top Executive Leaves the Institution to Join the Crypto Custodian Fireblocks
Varun Paul – Head of the Fintech Hub at the Bank of England – parted ways with the institution after spending more than 13 years there. He will take a role at the cryptocurrency security company Fireb...