Tag: Institution
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The bank released a cryptocurrency custody platform in November.
www.coindesk.com [...]
Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
Crypto custodian BitGo has been granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore.
www.coindesk.com [...]
Crypto.com Receives UK Authorization as an Electronic Money Institution to Offer E-Money Products
Crypto.com has been striving to be compliant with regulators across the globe. The exchange recently received licenses in Singapore and is regulated a [...]
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited in [...]
Crypto Brokerage Blockchain.com Receives Institution License From Singapore
The company had received an in-principle approval from the Monetary Authority of Singapore last year.
www.coindesk.com [...]
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California.Justin Sullivan | Getty ImagesPayPal on Monday launched [...]
Cryptocurrency Staking Platform Northstake Raises $3M to Boost Institution Participation
“Institutional investors at the asset manager level, at the sovereign fund level are looking at this and trying to figure out what staking is and wher [...]
Ripple Crypto Obtains In-Principle Approval for Major Payments Institution License in Singapore
“We're pleased that Singapore has taken a forward-looking approach to how to regulate digital assets,” Stu Alderoty, Chief Legal Officer of Ripple, sa [...]
Circle is latest recipient of Major Payment Institution license in Singapore
Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapo [...]
Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
The company plans to offer financial services that combine the potential of crypto with traditional financial services.
www.coindesk.com [...]
Binance provider in Brazil gets payment institution approval
Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country's central bank to operate as a payment institutio [...]
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 [...]
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 Kr [...]
CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution
“With this license, we show that we are a reputable company, and we have the freedom to act as virtual currency issuers to make financial transactions [...]
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 [...]