HSBC & Standard Chartered hesitant to serve crypto customers despite Hong Kong pressure

While Hong Kong continues its global cryptocurrency hub plans, leading financial institutions remain hesitant to serve crypto customers. That comes as the United States regulators launched an intensified regulation in the digital asset space early this month.

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Circle launches euro-based stablecoin on Avalanche blockchain

Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions.

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Microsoft, Goldman Sachs, others partner in new blockchain network

The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.

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ConsenSys launches institutional staking marketplace on MetaMask

ConsenSys has created the first staking marketplace for organizations on the MetaMask Institutional web3 wallet. In a Twitter thread on March 22, MetaMask Institutional, a web3 wallet for institutions, announced that its developer, ConsenSys, has launched the first marketplace for…

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Panther Completes Decentralized Launch of its Protocol’s v0.5

Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0. 5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined to develop the blockchain technology and zero-knowledge components of Panther.

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Panther completes decentralized launch of its protocol’s v0.5: A DAO-led effort

Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0. 5. This was achieved by the protocol’s communityThe post Panther completes decentralized launch of its protocol’s v0.

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Unbanked is Connecting DeFi, Cryptocurrencies to Traditional Financial Institutions

As the need to provide billions of people with unlimited access to financial services intensifies, Unbanked, an SEC-registered project based in the United States, has launched to eliminate the “unbanked” problem.

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Binance Has Launched ETHW Mining Pool: Here’s What You Should Know

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Fintech services platform Colendi acquires enterprise blockchain company SETL

Colendi, the fastest-growing embedded fintech services platform in Turkey and surrounding regions, today announced it has acquired London-based blockchain settlements and payments provider SETL. Launched in 2015, SETL is an enterprise blockchain company known for its high-profile work with selected central banks and T1 financial institutions.

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Should you buy Stellar after the MoneyGram partnership?

Stellar XLM/USD is essentially a peer-to-peer (P2P) decentralized network originally created in 2014 and launched in 2015 with the goal of connecting the financial system on a global scale and ensuring that there’s a protocol available for payment providers and financial institutions.

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How Abra Launched New Product To Give Institutions Access To Web3 Ecosystem

Per a press release, leading crypto wealth management platform Abra will enable its high-net-worth to access the Web3 and digital ecosystem with its new asset management strategy. Called Abra Capital Management (ACM), this product will provide its clients with trading and borrowing services and “actively managed investment funds”.

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JPMorgan partners with Toshiba and Ciena to research Quantum key Distribution blockchain

JPMorgan, one of the leading financial institutions on Wall Street, has launched research into the quantum key distribution (QKD) blockchain network. The institution will work with Toshiba and Ciena to test the QKD blockchain.

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Five Star Bank to allow customers to buy and invest in Bitcoin (BTC)

The level of crypto adoption in the US has grown significantly over the past year. Due to the increased demand for crypto services, some leading banks and financial institutions have launched divisions that allow users to transact in cryptocurrencies.

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Singapore-based Nium provides platform for crypto-as-a-service, to institutions

Payments company Nium launched the first global Crypto-as-a-Service (CaaS) solution earlier today. It will offer in-demand crypto products to financial institutions, by integrating its API-based cryptThe post Singapore-based Nium provides platform for crypto-as-a-service, to institutions appeared first on AMBCrypto.

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Ripple Partners with Major Financial Institution to Grow Its Remittance Business

Ripple Labs has launched several partnerships with a view to to grow its standing in the crypto industry. In its recent move, Ripple partnered with one of the largest financial institutions in the Middle East.

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Compound Launches Treasury to Introduce Institutions to Defi

Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi protocols offer.

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Monetary Authority of Singapore Partners With World Bank and IMF to Launch Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development.

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Compound (COMP) Unveils Institutional-Grade DeFi Product Compound Treasury

DeFi protocol Compound (COMP) launches Compound Treasury to give institutions a taste of lucrative DeFi yields. Compound Protocol Launches Compound Treasury Compound (COMP), a blue-chip decentralized finance (DeFi) protocol built on Ethereum that lets users earn interest or borrow assets against collateral has launched Compound Treasury which is geared toward non-crypto native businesses and financialRead More

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Singapore’s Central Bank Organizes Global Challenge for Retail CBDC Solution

The Monetary Authority of Singapore (MAS) has launched a Global CBDC Challenge that would see global financial institutions, financial technology companies, and others submit solutions around peculiar issues surrounding retail central bank digital currencies (CBDCs).

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METACO launches new end-to-end crypto-asset infrastructure product

CryptoNinjas » METACO launches new end-to-end crypto-asset infrastructure product METACO, a provider of security-critical infrastructure to the blockchain asset ecosystem, today has launched METACO Harmonize, an end-to-end digital asset orchestration system for institutions.

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Fidelity, Square And Coinbase Launch Cryptocurrency Trade Group

Four institutions with significant stakes in the success of Bitcoin launched a trade group to lobby policymakers for favorable regulation.

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Crypto trading with Tycoon

This year is more than flourishing for crypto trading, now that big brands and institutions are finally joining the blockchain movement. However, with so many cryptocurrencies launched in the last The post Crypto trading with Tycoon appeared first on AMBCrypto.

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Test Your Crypto Knowledge With BeInCrypto’s Weekly Quiz

Quite a lot of important things have happened over the course of the week. We’ve seen celebrities praising crypto, traditional financial institutions growing their bitcoin (BTC) stash, and cryptocurrencies making new all-time highs, not to mention new partnerships and projects launched.

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IOTA and Dell Technology Launch a Platform to Measures the ‘Trustworthiness of Data’

The partnership started back in 2019 when Dell Technologies launched its ‘Data Confidence Fabric. ’ This demonstration paves the way for integrating systems on hardware and software devices for highly compliant institutions.

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Swan Bitcoin Launches Service For High-Net-Worth Clients And Institutions

Bitcoin buying program Swan Bitcoin has launched Swan Private, a service designed for high-net-worth and institutional bitcoin investors. The post Swan Bitcoin Launches Service For High-Net-Worth Clients And Institutions appeared first on Bitcoin Magazine.

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JPMorgan makes note of growing institutional interest in BTC

Bitcoin’s (BTC) potential was following the world’s largest currency ever since the moment it was launched. However, while this was immediately clear to retail crypto users, institutions took a significantly longer period to be convinced.

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R3’s Corda Blockchain Network Launches It’s First Digital Asset, XDC, Aims to Break Into DeFi Ecosystem

R3 Corda public network announced the launch of its first digital asset, XDC, to build a regulated and public decentralized finance (DeFi) ecosystem for financial institutions. The token launched on Today after Cordlite Society Ltd.

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Gemini exchange launches in the UK as part of its global expansion plan

The Gemini exchange has launched in the UK as part of its global expansion plan. The exchange unveiled this news through a press release on September 23, noting that this move aims to provide UK individuals and institutions with simple, reliable, and secure exchange and custody services in pounds sterling (GBP).

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Polish Watch Dog Eyes Crypto Regulation, Expects Feedback from Financial Institutions

Polish financial authority (KNF) has launched a project to consider the regulation of cryptocurrency assets under the country?s law

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Crypto trading platform AlgoTrader integrates liquidity from Enigma Securities

Enigma Securities, a crypto liquidity provider focused on electronic execution services, announces its new partnership with algorithmic trading software company AlgoTrader. Enigma will also be joining AlgoTrader’s recently launched WIRESWARM platform, an advanced order and execution management platform allowing financial institutions to trade at multiple regulated crypto liquidity venues.

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Banco Rendimento first bank to use Ripple’s blockchain payments in the cloud

Ripple, a provider of enterprise blockchain solutions for payments, today announced Banco Rendimento has launched with RippleNet Cloud. As the first bank to use Ripple technology entirely in the cloud, Banco Rendimento joins nearly two dozen financial institutions already running on RippleNet Cloud.

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Institutional Grade Crypto Custodial, Copper Technologies, Joins Global Central Bank Think Tank, OMFIF

Institutional-grade crypto custodian, Copper Technologies, joins the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member. The non-profit organization launched in May 2020 aiming at formulating economic policy, public investment and central banking ideas for new and improved digital payment instruments.

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Is Bitcoin Really the Crypto for Africa?

When Satoshi Nakamoto launched Bitcoin well over a decade ago, his dream was peer-to-peer electronic cash that bypassed the financial institutions. While such a system is needed globally, it’s perhaps most needed in Africa.

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KuCoin’s Project Pinocchio Unearths Suspicious Native Indian Casino Crypto Project

KuCoin Global’s non-profit credit information system, Project Pinocchio, was recently launched in partnership with several well-known, credible, and authoritative institutions and media platforms in the cryptocurrency industry, including BTCManager, to establish a credible project review platform to foster self-discipline and integrity in the budding crypto industry.

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AlgoTrader launches advanced crypto order and execution platform WIRESWARM

Banks and other financial institutions are now able to gain easy and cost-effective access to the most liquid and regulated crypto trading venues at the lowest trading fees. Today, AlgoTrader has launched a platform that does just that by allowing banks to gain simple yet secure access to crypto exchanges, market-makers and brokers in order […] CryptoNinjas: AlgoTrader launches advanced crypto order and execution platform WIRESWARM

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China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC

Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP.

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Brazil’s PIER Data Sharing Platform Runs on JP Morgan’s Quorum Blockchain; At A Cost of $250K

Brazil’s financial watchdogs will start using a shared blockchain platform dubbed ‘PIER’ to enhance the transfer of information amongst the institutions. This initiative was launched in April with the major stakeholders being Banco Central do Brasil (BCB), insurance regulator (SUSEP) and the securities authority, CVM.

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China’s National Blockchain Network April 2020 Launch Date Still Valid

Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month.

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European Financial Institutions to Launch Blockchain Investment Platform

European financial institutions including the Luxembourg Stock Exchange and Credit Suisse have launched an Ethereum-powered investment fund platform

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Institutions Likely to Invest Big in Bitcoin in 2020; Here’s Why

In 2009, Satoshi Nakamoto launched Bitcoin as a seeming response to the 2008 Great Recession, during which banks and other financial institutions created an environment conducive to economic collapse.

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CoinEx Chain development grants now available to encourage ecosystem growth

The CoinEx Chain Foundation, overseeing the development of the CoinEx native blockchain, announced today that its Support Program, designed to encourage more institutions and individuals to participate in the construction of CoinEx Chain’s ecosystem and community, has been officially launched.

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China’s State-Owned Bank, CCB, Launches A Blockchain-Based Small Business Financing Platform

One of China’s largest financial institutions, China’s Construction Bank (CCB) launched its blockchain based re-factoring platform. The announcement, released on December 10th by local news outlet, Sina Finance App, further points out the bank aims to boost efficiency and reduce risks pinned to the factoring business.

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Canaan Creative Raises $90 Million in IPO, Bringing ASICs To NASDAQ

Canaan Creative, a major mining equipment manufacturer, has launched an Initial Public Offering. The company is best known for its AvalonMiner line of ASIC devices, which are designed for use in Bitcoin mining.

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Bank of China Rolls out Blockchain to Streamline Insurance Claims

In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto.

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Amun and Binance Launch First ETP Based on Binance Coin (BNB)

Starting today, the first ETP in the world based on Binance Coin (BNB) will be launched. This product, issued on the Zurich SIX Swiss Exchange with ABNB ticker, is the result of a collaboration between Binance and Amun.

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Launch plan for China’s central bank digital currency accelerates

New reports have provided fresh insight into China’s central bank digital currency. It may be launched as soon as November and will be first issued to seven leading Chinese institutions.

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Decentralized Custodial Private Key Solution Launched by Austrian Security Agency

An Austrian high-security company with experience in e-governance solutions for the Australian government has launched Chainlock, a new decentralized private key management solution that mostly aims to target the B2B market.

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Visa and Blockchain Capital Lead $40 Million Round in Anchorage

Payment processor Visa along with specialist VC firm Blockchain Capital helped Anchorage, an institutional custodial service, raise nearly $40 million in capital at an undisclosed valuation. Visa recently launched a cross border remittance network with a pseudo-distributed ledger.

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Bitcoin Earns An ‘A-’ For The First Time on Weiss Crypto Ratings Due to ‘Excellent’ Reward & Adoption

According to Weiss Ratings, the provider of independent, unbiased ratings of stocks, ETFs, financial institutions, and cryptocurrencies reported that Bitcoin, for the first time since Weiss Crypto Ratings was launched in January 2018, has got an A-.

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