Blockchain

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/regulation

Fasset signs MoUs with GCC banks

Fasset, a leading UAE-headquartered global fintech platform, and Ajman Bank, one of the UAE’s leading Islamic financial institutions, today announced that they have signed a Memorandum of Understanding (MoU) to jointly launch integrated and compliant virtual asset offerings across the region.

/crypto

IG Group sells US futures exchanges business to Payward

IG Group Holdings plc (“IG”, “the Group”) today announces that it has completed the sale of Small Exchange Inc (“Small Exchange”) to Payward Inc (“Payward”), the parent company of the crypto exchange Kraken.

/regulation

Reap secure Singaporean MPI license

Reap Group, a global fintech company powering digital and blockchain-enabled business account management and embedded solutions for businesses, today announced its Singapore entity has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

/crypto

Bybit secures digital assets licence in UAE

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator Licence from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE).

/crypto

Ripple expands into Kingdom of Bahrain

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom’s leading fintech incubator and ecosystem builder which partners with government bodies and others to further accelerate the development and adoption of blockchain and digital assets technology in Bahrain.

/crypto

Binance Japan and PayPay form digital assets alliance

Binance Japan, a subsidiary of Binance, the world’s leading blockchain ecosystem by trading volume, today announced that it has entered into a capital and business alliance with PayPay Corporation (“PayPay”), a SoftBank Corp. group company and one of Japan’s leading financial services providers, best known for its “PayPay” cashless payment service with over 70 million users.

/regulation

ShapeShift integrates Zcash in onchain privacy move

The community-led multichain DEX aggregator, ShapeShift announces the integration of Zcash, bringing shielded transactions directly into the ShapeShift self-custodial wallet ecosystem and making it one of the first decentralized exchanges to offer true privacy onchain for its users.

/crypto

Fireblocks integrates XION for walletless blockchain

XION, the first consumer-centric Layer-1 blockchain designed for mainstream adoption, today announced a strategic integration with Fireblocks, the industry-leading digital asset infrastructure provider trusted by 2,200 institutions to secure over $10 trillion in digital asset transactions.

/crypto

ECB enlists G+D for digital euro resilience

Advancing the preparation of a digital euro, the European Central Bank (ECB) has announced the conclusion of the framework agreements for each of the five digital euro negotiated procurement procedures (also see the notice view in the Official Journal of the EU).

/markets

21X to bring blockchain-enabled exchange to American market

21X, a leader in regulated on-chain trading and settlement, today announced its expansion into the United States with the establishment of a new operation incorporated in Delaware and a primary office in New York. The move marks a monumental next step in the company’s global growth strategy and paves the way for the launch of the 21X U.S. exchange, a fully regulated blockchain-based trading venue for digital financial instruments.

/crypto

Ignyte and Binance form Mena blockchain alliance

Ignyte - the region’s leading global digital start-up ecosystem has announced a landmark collaboration with Binance, the world’s largest cryptocurrency exchange, to accelerate blockchain innovation across the Middle East and North Africa (MENA).

/identity

Gleif and Chainlink to create legal entity identifier for the blockchain industry

The Global Legal Entity Identifier Foundation (GLEIF), the only global source of open, standardized and high-quality legal entity reference data, and Chainlink, the industry-standard oracle platform, today announced a strategic partnership to create an institutional-grade identity solution for the blockchain industry.

/people

Thomas Sullivan appointed as managing director of DTCC Digital Assets

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Thomas Sullivan as Managing Director of DTCC Digital Assets, reporting to Nadine Chakar, Managing Director, Global Head of DTCC Digital Assets.

/payments

Ripple strikes deal with i-payout

i-payout and Ripple, the leading provider of digital asset infrastructure for financial institutions, announced a partnership to transform cross-border payouts.

/crypto

21X and DekaBank complete on-chain trade on the Polygon Testnet

21X, the operator of the first EU-regulated on-chain trading and settlement system, and DekaBank, the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), today announced the successful completion of an on-chain trade on the Polygon testnet.

/payments

Citi Token Services integrates with 24/7 USD clearing for real-time cross-border payments

Today, Citi announced its plans for an industry-first integration of Citi® Token Services, a blockchain-based platform, with its 24/7 USD Clearing solution to create a 24/7, multibank cross-border instant payments capability for Citi’s institutional clients in the UK and US.

/payments

Tempo reveals infrastructure partners

We’re building Tempo as an open, permissionless payments-focused blockchain capable of bringing the world’s payments onchain.

/payments

HSBC begins international roll out of tokenized deposit service

HSBC has expanded its Tokenised Deposit Service (TDS), an innovative blockchain-based solution that allows corporate clients to securely move currencies in real-time with instant 24/7 settlement, to support cross-border transactions.

/crypto

Ripple introduces next phase of Institutional DeFi roadmap

Institutional DeFi has crossed the tipping point from pilot projects to billion-dollar volumes. Over the last year, the XRP Ledger (XRPL) has broken into the Top 10 chains for real-world assets (RWAs), reached its first $1B+ month in stablecoin volume, and cemented its role as a settlement layer trusted by both crypto-native firms and regulated financial institutions.

/crypto

Zand Bank and Chainlink form strategic collaboration

Zand, an AI-powered Fintech and financial services group in the United Arab Emirates has entered into a strategic collaboration with Chainlink Labs, one of the primary contributing developers of Chainlink, the industry-standard oracle platform, marking an important milestone in advancing digital asset innovation across the region.

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