Asian cryptocurrency exchange platform, Zipmex, has gained the license to provide digital assets and exchange services in Thailand, following a 12-month wait. Headquartered in Singapore, the trading platform currently operates in Indonesia and Australia, standing at a current valuation of $18 million after having raised $5 million to date. The bitcoin trading license follows Zipmex's $3 million pre-Series A funding round just last September,... more Read more »
London-based crypto banking startup Cashaa is announcing the launch of a “Crypto Business/Broker” account to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and Fifth Money Laundering Directive (5AMLD). Cashaa’s mission is to help crypto businesses get access to banking who have always struggled with traditional banks. Finally, in 2019, it started its operations in... more Read more »
With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year. Read more »
BlockWorks Group (BWG) today announced that on Feb. Read more »
TemTum (temtum.com), the quantum-secure, ultra-fast, carbon-neutral cryptocurrency network, today announced the launch of its iOS and Android mobile wallet application. Read more »
Turkish banks have begun the transfer of a cryptocurrency representing physical units of gold via a blockchain platform developed by Istanbul Clearing, Settlement and Custody Bank (Takasban). The private cryptocurrency, dubbed BiGA, represent the equivalent of one gram of gold stored in the vaults of the Istanbul Sotck Exchange. The BiGA blockchain platform and gold transfer system caters for the export, amortization and transfer of digital... more Read more »
Leading digital money platform Uphold today announces bank connectivity for its users in the United Kingdom with the introduction of support for the Pound Sterling (GBP). Read more »
Bitcoin exchange, CoinCorner, has partnered with leading legal firm, Quinn Legal, to enable clients to make Bitcoin payments directly via the legal firm’s website, becoming the first Isle of Man based law firm to do so. Read more »
CryptoCompare, the global leader in digital asset data, today released its November 2019 Exchange Review which provides analysis of key developments in the cryptocurrency exchange-traded market. Charles Hayter, Co-Founder and CEO of CryptoCompare, said: Read more »
Coinbase is partnering with crypto-powered charity organisation DustAid to enable Christmas donations to three different causes. Under the partnership, UK crypto holders will be able to spred some Christmas cheer to The Liddle Edi Foundation which supports rural communities in Romania, elephant conservations Space for Giants, and the NSPCC. DustAid's aim, according to managing director, Duncan Murray, is to "make giving a simple, easy and... more Read more »
State Street Corporation today announced a new digital asset pilot in collaboration with Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian. The pilot builds on ongoing research and development in the digital asset space to combine Gemini CustodyTM with State Street’s back office reporting. Read more »
Sweden's central bank is set to sign a deal with Accenture to develop a digital currency, dubbed the e-krona, in a test environment. With cash usage dwindling in Sweden, the Riksbank started a project in the spring of 2017 to examine the scope for the creation of a central bank digital currency (CBDC) that could ensure that the general public will still have access to a state-guaranteed means of payment. Read more »
A group of former Morgan Stanley executives is building a cryptocurrency derivatives trading platform. Based in Sinagpore, Phemex is the brainchild of Jack Tao, an 11 year Morgan Stanley veteran who worked as a software engineer on the bank's electronic trading desk, specialising in high frequency trading. Tao has assembled a group of eight former Morgan Stanley staffers for the new venture, which wants to be "the world's most trustworthy... more Read more »
Today, leading cryptocurrency exchange bitFlyer has announced the launch of Instant Buy on its Buy/Sell exchange platform in Europe. The feature, available on desktop and smartphone, allows users to buy cryptocurrency directly from bitFlyer, using credit card, debit card or local instant transfer methods such as Sofort, iDeal and GiroPay. Read more »
Gemini, the cryptocurrency exchange set up by the Winklevoss twins, has hired Starling Bank co-founder Julian Sawyer to spearhead a move into the European market. Sawyer has been appointed managing director of the UK and Europe, responsible for shaping Gemini's overall strategy in the region, developing products and hiring out a team from his base in London. Sawyer left Starling in the summer after four years as COO of the app-only bank he co-... more Read more »
