Services

Anchorage Digital has announced that its New York subsidiary has been granted a BitLicense by the New York Department of Financial Services (NYDFS). In a 16 December 2024 announcement, the firm said the approval will allow it to offer…

Caroline Bishop Oct 15, 2024 08:01…

The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment service providers. It was supposed to be enacted in the fourth quarter of 2021, but the MAS made the changes live…

The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become…

Filecoin, the world's largest decentralized storage network, now welcomes Sushi, a prominent decentralized exchange (DEX), marking a pivotal development in decentralized storage and exchange services. Filecoin's unique approach to cloud…

Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken,…

Today, crypto services company Blockchain.com, announced the launch of its new Visa debit card. With the Blockchain.com Visa card, users can spend any crypto in their Blockchain.com Wallet without fees while earning 1% back in…

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a…

The U.K.’s Financial Conduct Authority(FCA), the regulator of the financial services industry in the United Kingdom, has issued a warning on its official website (FCA) that cryptocurrency exchange FTX may be providing financial services or…

The authorization will enable Revolut to offer crypto services to its 17 million customers in the EEA out of a new crypto-asset hub in Cyprus. Revolut said its choice was down to the sophisticated regulatory regime of the island country…