News with the tag "Crypto World News"

MUFG is engaging with popular stablecoin issuers to offer these tokens through its blockchain network Progmat. According to Bloomberg, Mitsubishi UFJ Financial Group (MUFG), the largest bank on Japanese soil, is discussing with various firms, including leading stablecoin providers, to issue these di...

CACEIS finally gets the authority to offer crypto custody services after trying to do so since 2021. According to Reuters, CACIES, a Paris-based asset servicing bank that is part of Crédit Agricole and Santander, has been permitted to provide custody services in the cryptocurrency sector by the Fren...

To shed more light on the status of cryptocurrencies and stablecoins, the U.S. House committee in charge of finance will debate and vote next month. According to The Block, preparations are in high gear for the U.S. House Finance Services Committee to undertake a crucial vote to determine whether di...

To shed more light on the status of cryptocurrencies and stablecoins, the U.S. House committee in charge of finance will debate and vote next month. According to The Block, preparations are in high gear for the U.S. House Finance Services Committee to undertake a crucial vote to determine whether di...

Ripple secures significant approval for MAS MPI license, expands presence in APAC region; CEO Brad Garlinghouse proud of Singapore’s crypto approach. In a significant development for the crypto industry, Ripple, a leading blockchain company, has achieved a remarkable feat by securing in-principle ap...

A crypto mining ban is turning the tables on Venezuela’s significant strides in this sector. According to Bloomberg, the progress made by Venezuela in the crypto sector is dwindling thanks to a temporary halt in cryptocurrency mining activities. President Nicolás Maduro oversaw a vibrant crypto indu...

As Singapore seeks to comprehend standards in the digital asset space, it has sought insights from different industry players, such as the global American bank JPMorgan. Through a technical whitepaper dubbed Purpose Bound Money (PBM), the Monetary Authority of Singapore (MAS) has disclosed its colla...

As Singapore seeks to comprehend standards in the digital asset space, it has sought insights from different industry players, such as the global American bank JPMorgan. Through a technical whitepaper dubbed Purpose Bound Money (PBM), the Monetary Authority of Singapore (MAS) has disclosed its colla...

EDX Markets Endorsed by Wall Street Giants Goes Live as a “Non-Custodial” and Institutional-Only Crypto Exchange. EDX Markets starts operations as a distinctive crypto exchange that only supports institutions through authentic intermediaries. According to Bloomberg, EDX Markets has set the ball roll...

To spur its income base, Deutsche Bank AG wants to enter the crypto space by deploying a custody service. According to Bloomberg, Deutsche Bank has applied to Bafin, Germany’s financial and securities regulatory authority, for a custody service license in the digital asset sector as it eyes expandin...