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Latest Results from /crypto

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Binance launches Sharia Earn, an Islamic banking-aligned token

Global blockchain platform Binance has launched a Sharia-compliant multi-token in alignment with Islamic principles to promote inclusivity in crypto-trading.

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Ant International takes aim at stablecoins; integration with USDC on the cards

Ant International, is evaluating the possibility of applying for stablecoin licenses in several countries, according to comments made during the Reuters Next Conference in Singapore.

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Australia to commence multiple trials of tokenised asset settlement and CBDC

Project Acacia, a joint initiative between the Reserve Bank of Australia and Digital Finance Cooperative Research Centre (DFCRC), has selected 14 participants to undertake trials of tokenised asset settlement in financial markets.

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Ripple picks BNY for stablecoin custody

Ripple has chosen Bank of New York Mellon as primary custodian for its US dollar-pegged stablecoin reserves.

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Ziglu enters administration

Ziglu, the crypto startup launched by former Starling co-founder Mark Hipperson, has entered administration.

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Pair jailed for £1.5m crypto fraud

A UK judge has sentenced two men to a combined 12 years in prison for a £1.5 million cryptocurrency fraud.

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CBDC pilot projects seeing adoption in Ghana and Thailand – Giesecke + Devrient

Raoul Herborg, managing director, central bank digital currency (CBDC) solutions at Giesecke and Devrient (G+D) spoke to Finextra on their release of a recent survey on CBDC progress worldwide, and what we can expect from CBDCs in the coming years.

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ISDA and Ant International call for common industry framework for asset tokenisation

The uptake of tokenised bank liabilities and shared ledgers in transaction banking services could lower cross-border currency costs by 12.5%, saving businesses more than US$50 billion by 2030, according to a report by the International Swaps and Derivatives Association (ISDA) and Ant International.

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MiniPay and Noah debut global-to-local stablecoin payments

MiniPay and Noah have joined forces on non-custodial stablecoin payments that connect global banking rails with local payment methods.

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AllUnity secures BaFin EMI Licence to launch Euro stablecoin

AllUnity, a joint venture between asset manager DWS, market maker Flow Traders, and blockchain firm Galaxy, has been granted an E-Money Institution (EMI) licence by the German Federal Financial Supervisory Authority (BaFin)

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Paxos launches stablecoin in the EU

Digital asset outfit Paxos has launched its Global Dollar (USDG) stablecoin across the European Union.

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Hokkoku and Soft Space to roll out SoftPOS tool that supports stablecoin transactions

Hokkoku Financial Holdings is working with Soft Space to develop a SoftPOS product that enables merchants to accept both contactless card payments and regulated stablecoin payments using only a smartphone or tablet.