As part of an investigation into companies that pay interest on virtual token deposits, the U.S. Securities and Exchange Commission (SEC) is scrutinizing crypto lending firms Gemini Trust Co, Celsius ...
Tag: Services
Apple Stock Rises on Strong iPhone Sales
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple reported better-than-expected results for its December quarter late ...
Crypto services in banking to increase in 2022
TL;DR Breakdown • American Banker shows that 40 percent of banks want to use cryptos.• The Crypto Services linked to banking would be attached to the regulations. Even though the last few months have ...
New York Commercial Bank With Over $8,000,000,000 in Total Assets To Offer Bitcoin Services
A New York-based financial institution, Flushing Bank, is planning to offer Bitcoin (BTC) services to its customers. Flushing Bank says it has partnered with NYDIG, a financial technologies company de...
Cash Pours Into Anti-ARK ETF as Cathie Wood Struggles
Text size Catherine Wood’s innovation-focused ETFs have been falling. PATRICK T. FALLON/ AFP / Getty Images As Cathie Wood’s innovation-focused exchange-traded funds have tumbled amid the latest...
Fintech Firm Milo To Provide Cryptocurrency Mortgage Services
More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first g...
Chrono.Tech Raises Over $30 Million to Develop Blockchain HR Services
Australia-based software company and blockchain-based HR services provider Chrono.Tech has announced that it raised over $30 million in investments from Australian venture capitalist Mark Carnegie and...
How crypto and buy now, pay later services may fit together
Quick Take Affirm, Afterpay and Zip are following in the footsteps of fellow fintechs like Revolut and Robinhood by actively exploring crypto services in 2022. Bitcoin cashback, investment services, a...
Gate.io Institutional Services Introduces VIP Sharing Campaign
Singapore, Singapore, 26th January, 2022, Chainwire Gate.io has become one of the most popular cryptocurrency exchanges in the world. In order to maintain its position and grow even further, Gate.io l...
XREX Obtains Money Services Business License from FINTRAC
In an effort to accelerate its international expansion, XREX, a neo-fintech company, today announced that it has acquired a Money Services Business (MSB) license from Canada’s FINTRAC. Through the acq...
Indonesian Regulator Moves to Ban Financial Services Firms by Dealing with Crypto
Indonesian market watchdog, the Otoritas Jasa Keuangan (OJK) has warned all financial service outfits operating in the country to abstain from dealing or facilitating transactions bordering on digital...
Local Firms Are Not Allowed to Offer Crypto Services (Report)
The top monetary watchdog of Indonesia – the Financial Services Authority (OJK) – reportedly prohibited local companies from using, offering, or facilitating cryptocurrency services. The regulator bel...
Indonesia Ban Banks From Offering Crypto Services
Indonesia’s regulator has prohibited financial institutions from offering crypto services to protect investors against risks involved in investing in digital assets. The Indonesian regulator, Otoritas...
Hector DAO set to Launch its Hector Bank with More Services Set to Debut in 2022
Hector is a decentralized system based on the HEC token, which is collateralized and backed by the Hector Decentralized Autonomous Organization (DAO). The HEC token is backed by decentralized assets h...
Robinhood launched its crypto wallet services
In an official announcement, Robinhood had stated that it had started rolling out crypto wallets for users initially; it will avail the service to 1,000 users. With the announcement of the wallet laun...
Tesla, AT&T, Apple, Microsoft, Visa, and Other Stocks to Watch This Week
Text size Uncredited It will be a packed week of fourth-quarter earnings releases, with more than 100 S&P 500 companies scheduled to report. IBM and Halliburton are Monday’s highlights, followed ...
Bitcoin Has Revamped Access To Financial Services In El Salvador For Millions
Advertisement     In a recent interview with Time Magazine, Ark Invest’s C.E.O Cathie Wood expressed her support for Bukele’s Bitcoin ideals, hitting out at his oppone...
Union Bank of Philippines to Offer Custodial Services for Crypto Assets as Demand Grows
The Union Bank of Philippines plans to open a custodial service for cryptocurrencies as the asset class becomes increasingly popular among the local population. A Strategy for Every Customer As cited ...
SoFi Stock Set to Rise on the Company’s Growth
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Union Bank of Philippines to Offer Crypto Trading and Custodial Services – Featured Bitcoin News
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank execu...
Exohood To Build All-In-One Financial Services App ⋆ ZyCrypto
Advertisement     Exohood, a Decentralized Autonomous Organization, is building a new online financial platform by the end of the year. “ExoArato” is the application’s...
Nexo partners with Bakkt for digital asset custody services
Nexo, a cryptocurrency lending platform, will be partnering with Bakkt Holdings to offer digital asset custody services. Bakkt Holdings will have custody over a portion of Bitcoin and Ethereum holding...
Banking Giant BNY Mellon Expects Significant Revenue From Its Crypto Services: Report
America’s oldest bank is eager to capitalize on the cryptocurrency revolution but remains concerned that the government still has not provided regulatory clarity. According to a new Bloomberg report, ...
Union Bank of the Philippines Looks to Becomes Nation’s First to Offer Crypto Services
Union Bank of the Philippines plans to become the first in the country to offer trading and custodial services for cryptocurrencies. The custodial services for digital assets will also cover tokenized...
Binance.US officially launches trading services in Connecticut
United States cryptocurrency exchange Binance.US, which operates separately from the global Binance platform, has officially opened its trading services to residents of Connecticut. Beginning Jan. 20...
Gold-i Taps Modus.Trade to Offer Crypto Fund Management Services
Gold-i, a trading systems integration specialist for the financial services industry, continues to enhance its services around digital assets and partnered with Modus.Trade to enter the cryptocurrenc...
Google Cards to Offer Bitcoin Storage Services to Consumers
In what could be considered as one of the significant developments for the cryptocurrency domain, Google’s digital cards might enable users in the future to hold the Bitcoin and spend the fiat currenc...
Union Bank of the Philippines to Enhance Crypto Trading & Custody Services
Union Bank of the Philippines (UnionBank) plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country’s rapid adoption of digital...
Gemini Acquires Omniex to Introduce Prime Brokerage Services
On January 19, Gemini cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digit...