Latest Cryptocurrency News: Finextra Research

Mastercard pilots tokenized bank deposits

Mastercard has unveiled the latest step in its exploration of digital assets and blockchain technology, a ‘Multi-Token Network’ (MTN) that will act as a testbed for developing live pilots – beginning with tokenised bank deposits.

29 June 2023

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Bitpanda crypto exchange spins out with €30m funding

Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel’s Valar Ventures.

29 June 2023

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EC stresses privacy in digital euro plan

The European Commission has published its legislative proposal establishing the legal framework for a possible digital euro, stressing that the CBDC would be a compliment to, not replacement for, cash.

28 June 2023

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EU reaches political agreement on crypto capital rules

The European Union has reached a “political agreement” on new capital adequacy rules for banks’ digital assets.

28 June 2023

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Robinhood lays off 150 employees

Stock trading app Robinhood has laid off another seven per cent of its workforce, about 150 employees, according to the Wall Street Journal.

27 June 2023

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Schroders explores digital asset fund in Singapore

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

27 June 2023

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Traditional custodians critical to asset managers’ adoption of crypto

Asset managers and institutional investors are much likely to trade digital assets if there is a recognised custodian involved, suggests recently publish research.

26 June 2023

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Italian banks launch CBDC pilot project

The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC).

23 June 2023

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Crypto.com gets licence in Spain

Cryptocurrency platform Crypto.com has been granted virtual asset service provider (Vasp) registration by the Bank of Spain.

23 June 2023

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US asset managers apply to SEC for bitcoin ETFs

The ongoing effort to persuade the SEC to approve crypto investment products continues, following news that many of the country’s largest asset managers, BlackRock, WisdomTree and Invesco, have applied to the SEC for permission to launch a spot bitcoin ETF.

22 June 2023

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EBAday: CBDC is coming to Europe, but are we ready for it?

In the final session of the evening in breakout room 2 for EBAday day one, ‘What is the outlook for CBDCs in Europe?’, a panel of experts discussed where CBDCs are heading in Europe and what possibilities could arise for banks, merchants, and consumers in the future.

21 June 2023

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Deutsche Bank applies for digital asset licence

Deutsche Bank has become the latest investment bank to announce its push into the crypto custody market.

20 June 2023

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