The Union Bank of the Philippines is attempting to establish itself as the nation’s first universal bank to offer cryptocurrency exchange through its mobile app. Users won’t need a third-party wallet anymore because they can purchase and sell cryptocurrencies like […]
Union Bank of Philippines Announces Mobile App for Crypto Exchange Read More »
To assess the advantages of issuing a central bank digital currency (CBDC) for the nation’s economy, the Reserve Bank of Australia (RBA) announced the beginning of a research program. The research will likely last a year and will be carried
Reserve Bank of Australia to look into prospects of CBDC Read More »
After purchasing the payment service provider PnLink Co. and the digital asset company OK-BIT Co., CryptoCom has obtained Electronic Financial Transaction Act and Virtual Asset Service Provider registration from the South Korean regulators. Since it has been severely impacted by
South Korea Grants Regulatory Approval to CryptoCom Read More »
To enable the monetary authority to issue a digital version of the nation’s fiat currency, the Nepalese rupee, the Nepal Rastra Bank (NRB), is preparing to amend the statute defining its rights and obligations. The information comes after a study
Nepal’s Central Bank Plans to Issue Digital Currency, Proposes Amendments Read More »
According to a Business Insider story, JP Morgan stated on Monday that the recent gains in bitcoin and ether signal that the price of cryptocurrencies has reached their floor value. According to data from CoinMarketCap, Bitcoin and Ether have increased
JPMorgan: The Ethereum Merge Is the Primary Cause of July’s Rebound Read More »
To provide a prepaid cryptocurrency card in Argentina, Binance announced on August 4 that it had partnered with Mastercard, a global financial services corporation recognized for its selection of credit cards. Argentina is the first nation in Latin America to
Mastercard Collaborates with Binance, Launches Crypto Prepaid Card in Argentina Read More »
Customers of bankrupt cryptocurrency lender Voyager Digital received a little victory in court on Thursday morning when a U.S. Bankruptcy Judge approved Voyager’s motion to return $270 million in cash that customers had with Metropolitan Commercial Bank (MCB). The case’s
Voyager Gets a Green Light to Return Its Customer Money Read More »
On August 3, Galoy, the fintech startup that created the Bitcoin Beach Wallet, released two statements. First, according to the company’s inaugural release, the startup has secured $4 million from critical investors to “develop bitcoin-native banking infrastructure.” Hivemind Ventures served
Fintech Startup Galoy Unveils Bitcoin-Backed Synthetic Dollar, Raises $4 Million Read More »
Gucci, an Italian premium high-end fashion brand, is now accepting ApeCoin for in-person purchases made in American stores. Gucci has recently added ApeCoin to the list of cryptocurrencies it accepts for purchasing its products at a few U.S. shops. In
Gucci is the First Renowned Company to Accept Payments in Apecoin Read More »
On August 1, a Singaporean court granted bitcoin lending startup Vauld a three-month suspension until November 7, 2022. After receiving demand letters from a few creditors, the judge further ordered the business a four-week deadline to look into withdrawal options
Vauld Received Three-Month Protection From Creditors Read More »
