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Kasikornbank to Launch Thailand’s First Licensed Digital Asset Custodian

[Oct 2 11:30 AM] Kasikornbank Financial Conglomerate, a Thai banking giant, has said it plans to launch the country’s first licensed digital asset custodian. The service, called Orbix Custodian, is licensed by the Finance Ministry and supervised by the…

Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

[Sep 24 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…

Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.

[Aug 31 2:30 AM] Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in…

Coinbase shares rise 3% as Q2 crypto trading doubles from last year

[Aug 2 12:20 AM] Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year.

Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam

[Jun 27 10:21 PM] Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and…

Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee

[May 28 5:25 AM] The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding…

Crypto exchange OKX launches local regulated entity in Australia

[May 13 10:14 PM] The expansion comes 12 months after the firm announced its intention to expand down under.

Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments

[Mar 13 5:30 AM] Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The…

Colorado DMV Accepts Crypto Payments Through Paypal

[Sep 2, 2023 1:30 AM] The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use…

Binance to Restore Full Services in Japan in August, CZ Unveils

[Jul 27, 2023 2:00 AM] Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing…

Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country

[Jul 10, 2023 4:00 PM] According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with…

Pakistan to Ban Online Services Related to Cryptocurrencies

[May 18, 2023 3:30 AM] Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of…

Binance Australia suspends AUD fiat services, citing issues with third party

[May 17, 2023 8:24 PM] Australian dollar deposits and withdrawals have been impacted due to a decision made by its third-party provider, it said in an announcement.

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services

[Apr 7, 2023 5:30 AM] Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital…

Binance to lose its British pound on- and off-ramp provider in 9 weeks

[Mar 13, 2023 9:48 PM] Binance has also had problems with its banking partner for United States dollar transfers over the last few months.

Lawyers picnic: FTX counsel and advisors rake in $34M in January

[Mar 7, 2023 11:03 PM] Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case.

BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report

[Feb 27, 2023 12:07 AM] Despite stepping down as CEO three years ago, Yuzo Kano has continued to have a significant influence on the company, given he’s the Japan-based crypto exchange’s largest stakeholder.

Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets

[Feb 17, 2023 5:00 PM] A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with…

Metamask Launches Ethereum Staking Services via Lido and Rocketpool

[Jan 13, 2023 5:30 PM] On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users…

Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

[Jan 11, 2023 4:00 PM] Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the…

ECB to Decide Whether to Issue Digital Euro in 2023

[Dec 24, 2022 5:30 AM] The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to…

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

[Dec 3, 2022 4:30 PM] Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

[Nov 29, 2022 3:00 PM] Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated…

Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

[Nov 19, 2022 5:00 AM] Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted…