Digital asset exchange Gemini recently revealed that it now has over $20 billion in crypto-assets under custody.
The US-based firm confirmed in a blog...
Enova (NYSE:ENVA) announced on Friday it is set to acquire Pangea Universal Holdings, a U.S.-based payments platform offering mobile international money transfer services....
American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. According to the source, a senior Bithumb holding […]
The Committee on Payments and Market Infrastructures conference was held in Basel, Switzerland. One of the main guests was the Chairman of the U.S. Federal Reserve, Jerome Powell. Referring to a report created by the institution he chairs and other banking institutions, Powell said: A recent report from the Bank for International Settlements (BIS) and […]
Celsius Network, a cryptocurrency lending and borrowing platform, announced on Friday it has expanded its executive team by appointing Rodney Sunada-Wong as Chief Risk...
Crypto UK has sent a letter to the Chancellor of the Exchequer, Rishi Sunak, advocating on behalf of Fintech innovation – specifically crypto-assets.
Crypto...
With over $13 billion locked across them, Decentralized Finance or DeFi protocols are eyeing astronomical growth in the years to come. In offering a global, open substitute for every financial service the world uses – savings, loans, trading, insurance, and more – DeFi is poised to take blockchain’s promise of universal accessibility a step further. What makes DeFi an immense success story is the disruption it offers to the present centralized financial domains worldwide, which […]
Straight through processing (STP) refers to transactions that pass straight through a system from start to finish without any manual intervention. The measure...
