Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk and compliance, decentralized finance (DeFi) and tokenization projects, the company told CoinDesk on Thursday (Nov....
Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. The Singapore-based...
Bitcoin continued its price climb today (Nov. 24), rising above $19,000 in the morning, CNBC reported. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017....
The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. Bank Governor Tiff Macklem told Reuters that the central bank is working with G7 to develop its digital currency plans,...
November 27, 2023
SBI Holdings, a Japanese financial services company, partnered with Circle, a global FinTech, to promote the use of stablecoins in Japan. The collaboration comes after the Japanese government revised the Payment Services Act in June to regulate stablecoins, signaling its commitment to the transition toward a Web3 economy, the companies said in a Monday (Nov. […]
November 09, 2023
Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk...
December 28, 2020
Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding...
November 24, 2020
Bitcoin continued its price climb today (Nov. 24), rising above $19,000 in the morning, CNBC reported. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as...
