Nexo, a London-based regulated financial institution for digital assets, has launched Nexo Prime, its proprietary prime brokerage platform targeted at institutional, corporate, and high-net-worth inve...
Tag: Services
GBP/USD forecast after the strong UK services PMI data
The GBP/USD pair held steady on Tuesday after the relatively strong services and composite PMI numbers from the UK. The pair rose to a high of 1.3145, which is in the same range as it has been in the ...
Dvision and Admix Play Are Partnering for Virtual Brand Placement Services
Dvision, the blockchain-based NFT metaverse platform, recently announced a partnership with Admix Play. The collaboration will see the ventures working together to offer digital brand placement servic...
Singapore Tightens Regulatory Oversight On Virtual Asset Services Providers
Singapore Parliament has passed the Financial Services and Markets Bill on Tuesday, requiring virtual asset services providers, which do business overseas, to be licensed. The Monetary Authority of Si...
Goldman Sachs Gears Up To Provide Full-Spectrum Of Bitcoin And Crypto Services
Goldman Sachs to now compete with Morgan Stanley in offering up BTC investments Clients should have a minimum of $25 million to invest The bank is in the middle of gathering the necessary permissions ...
ASIC Bans Former Adviser from Providing Financial Services
The Australian Securities and Investments Commission (ASIC) today confirmed that it has imposed a ban on Mark Babbage, a Melbourne-based former adviser. According to the details provided by the commis...
Russia war could further escalate auto prices and shortages
BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more ...
Singapore’s Largest Bank Won’t Extend Crypto Services to Retail Clients
Piyush Gupta – CEO of Singapore’s leading bank DBS Bank – revealed his institution will not extend its crypto trading services to retail customers in “the immediate future.” The announcement contradic...
Goldman Sachs Gearing Up To Offer ‘Full Spectrum’ of Bitcoin (BTC) and Crypto Investment Services to Wealthy Clients: Report
Banking giant Goldman Sachs is reportedly looking to offer crypto investment services to its deep-pocketed clients in the coming months. According to a new report by CNBC, the investment bank soon pla...
Goldman Sachs: Bracing Itself To Provide Crypto Investments Services In 2022
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Goldman Sachs is Preparing to Offer Cryptocurrency Investment Services This Year
The newly appointed global head of digital assets for Goldman Sachs’ private wealth management division, Mary Catherine Rich, announced that the bank will soon offer investments in Bitcoin (BTC) and o...
South Korean Banks Apply For license To Deal In Crypto Services
South Korea recently elected pro-crypto Candidate Yoon Suk Yeol as their President. Now, The Korea Federation of Banks (KFB) and its member banks are seeking approval from the incoming administration ...
The Best Cloud Mining Tron (TRX) Services in 2022
GEM-TRX Links: Official website: https://gem-trx.com/share?code=336661 Official page: https://www.gemtrx2.com/ Official Facebook page: https://www.facebook.com/gemtrxofficial/ Official Twitter: https...
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Apple reportedly wants to handle its own financial services, and partners’ stocks paid the price
Apple Inc. has increasing ambitions in financial technology as it explores ways to participate in the financial-services industry more directly, according to a Wednesday report. The company is develop...
Fintech stocks fall amid report of Apple’s financial services plans
Block (SQ), PayPal (PYPL), Marqueta (MQ) Visa (V), and other payment companies’ shares fell on Wednesday afternoon after Bloomberg reported Apple (AAPL) is working on a plan dubbed “Breakout” ai...
How Blockchain Technology is Revolutionizing The Financial Services Industry
Ever since Bitcoin came into play as a cryptocurrency offering an alternative to traditional finance, blockchain technology has been disrupting the financial services industry through its unique capab...
How would the economy handle $200 oil? Here’s what one simulation found
Oil has been one of the most volatile assets since the Russian invasion of Ukraine as traders balance the impact of sanctions with both the likelihood of increased production elsewhere and the possibi...
Bybit receives approval to offer crypto services in the UAE
Bybit has received in-principle approval to offer a wide range of virtual asset services in the United Arab Emirates. The exchange has also stated that it will set up its global headquarters in Dubai....
Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are t...
Israel’s top bank to offer crypto services via Paxos firm
Israel’s second-biggest bank, Bank Leumi, will permit crypto exchanging The firm will permit clients to exchange and hold bitcoin and Ethereum through Paxos There are hopes that the bank will be permi...
PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services – Bitcoin News
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new busines...
Leumi Becomes The First Israeli Bank To Offer Cryptocurrency Services
Israeli’s Leumi Bank has registered its interest to offer crypto trading, becoming the first bank to offer such service in Israel. Leumi is making its interest into the crypto market via collaboration...
Opinion: What would it take for U.S. oil companies to ramp up production? A lot.
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, frackers show little interest in ramping up output. Companies including Devon Energy DVN, +1.56%, EOG Re...
European Commission Calls Financial Services Specialist To Comment On Digital Euro
The European Commission asks financial services experts to comment on the expected release of a digital euro. In a notice released on Tuesday, the European Commission’s Directorate‑General for Financ...