PYMNTS-MonitorEdge-May-2024

digital assets

Circle Attains EMI License From France, Achieves MiCA Compliance
Circle Attains EMI License From France, Achieves MiCA Compliance
July 01, 2024  |  Cryptocurrency

Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory...

READ MORE >
BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts
BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts
June 21, 2024  |  Cryptocurrency

Cryptocurrency exchange BitoGroup and Far Eastern International Bank Bankee have partnered to launch a dedicated “crypto-friendly bank account.” With this collaboration between the crypto exchange and...

READ MORE >
What Can Shoppers Buy With Crypto? eCommerce Could Have the Answer
What Can Shoppers Buy With Crypto? eCommerce Could Have the Answer
June 19, 2024  |  Cryptocurrency

As has played out over and over across the payments landscape, end-users ultimately want simplicity. After all, no payment innovation can scale if it isn’t...

READ MORE >
Tether Launches New Digital Asset Backed by Tether Gold
Tether Launches New Digital Asset Backed by Tether Gold
June 17, 2024  |  Cryptocurrency

Tether has launched a new digital asset called Alloy by Tether, which is backed by Tether Gold. This asset aims to “redefine stability in the digital economy”...

READ MORE >
Crypto Startups Take In $100 Billion From Investors in 10 Years
Crypto Startups Take In $100 Billion From Investors in 10 Years
June 16, 2024  |  Cryptocurrency

In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg...

READ MORE >
Ripple and Archax Partner on Tokenization of Real-World Assets
Ripple and Archax Partner on Tokenization of Real-World Assets
June 13, 2024  |  Partnerships

Ripple and Archax have extended their existing collaboration, aiming to bring hundreds of millions of dollars of tokenized real-world assets (RWAs) onto the XRP Ledger (XRPL) over the...

READ MORE >
This Week in Web3: Growing Crypto Acceptance and Cross-Border Payments
This Week in Web3: Growing Crypto Acceptance and Cross-Border Payments
June 12, 2024  |  Cryptocurrency

The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the...

READ MORE >
Figure Debuts Blockchain-Based Private Credit Marketplace
Figure Debuts Blockchain-Based Private Credit Marketplace
June 12, 2024  |  Blockchain

Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings...

READ MORE >
What EU MiCA’s July Implementation Means for Global Regulation
What EU MiCA’s July Implementation Means for Global Regulation
June 10, 2024  |  Cryptocurrency

Stablecoins sit at the center of the crypto sector’s goals for a return to form. That’s because stablecoin digital assets, which are designed to maintain...

READ MORE >