Coinbase Asset Management is reportedly creating a tokenized money market fund. The company, which is an arm of cryptocurrency exchange Coinbase, is working on the project with Bermuda-based Apex Group, CoinDesk reported Wednesday (July 24). This effort follows another move in the tokenization space by...
Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with publicly-traded special purpose acquisition company (SPAC) FTAC Emerald Acquisition Corp, Fold announced in a news release Wednesday (July 24). “By integrating bitcoin...
Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks — Amina Bank and Sygnum Bank — have recently launched real-time payment and settlement networks, targeting a gap left by...
The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The Financial Technology Protection Act of 2023 (H.R. 2969), sponsored by Rep. Zach Nunn, R-Iowa, establishes the Independent Financial Technology Working...
July 04, 2024
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture. It is the same critical juncture, or at least one strikingly similar, that the crypto and digital asset sector has always found itself at — a juncture where regulatory developments, interoperability and scalability, and institutional acceptance are at the forefront. […]
June 19, 2024
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 easy and intuitive to use....
May 13, 2024
The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly...
March 28, 2024
When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on...
July 25, 2024
Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a subsidiary of the cryptocurrency exchange, CB Payments Limited (CBPL), which the FCA says repeatedly violated a requirement preventing the company from doing business with high-risk clients. “The money laundering risks […]
July 24, 2024
Coinbase Asset Management is reportedly creating a tokenized money market fund. The company, which is an arm of cryptocurrency exchange Coinbase, is working on the project with Bermuda-based Apex Group,...
July 24, 2024
Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with publicly-traded special purpose acquisition company...
July 23, 2024
Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks — Amina Bank and Sygnum...
