Spuerkeess, Luxembourg’s state savings bank, has partnered with Integral to deploy new eFX workflow automation and trading technology. According to the statement published by the platform provider, the state-owned bank has chosen Integral’s BankFX™ solution, which is used by banks and other financial institutions to provide cloud-based automation software across the entire FX workflow. This partnership allows Spuerkeess to benefit […]

Visa has teamed up with a neobank to pilot a crypto program that will allow underbanked individuals to purchase, custody, and trade digital assets. In an announcement today, customers at First Boulevard, a neobank “built for Black America,” will soon be able use Visa’s application programming interfaces, or APIs, to access the benefits of trading and custodying crypto. Visa said […]

Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to the scheme. The U.S. Securities and Exchange Commission (SEC) charged three people on […]

Recently, Joseph A. Hall, a former executive at the U.S. Securities and Exchange Commission (SEC), explained why his former employer’s lawsuit against Ripple is “considerably less a slam dunk than its previous crypto enforcement actions.” Hall has been partner in U.S. law firm Davis Polk since September 2005. Before that, between October 2003 and June 2005, he was working at […]

Deloitte, the multinational professional services, network released a guide for corporations looking to invest in Bitcoin. The guide focuses solely on Bitcoin investments due to the recent surge in institutional interest. Deloitte articulates the purpose of the guide right at the very beginning:  “The terrain of digital assets is a new frontier of possibilities, so it requires that each corporate […]

Singapore offers a reasonable administrative and legitimate climate for digital currencies. The Monetary Authority of Singapore (MAS), Singapore’s monetary administrative body, puts stock in directing the digital currency environment to screen any dangers related with crypto exercises like tax evasion while additionally guaranteeing that it doesn’t smother development.  Lawfully, Singapore offers a nonpartisan system for the development of exchanges including […]

New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s Clients Per the announcement, Swiss digital asset bank Sygnum and Fine Wine Capital AG launched collectible premium […]

Another Canadian company has filed an application for a Bitcoin (BTC) exchange-traded fund, or ETF, amid a renewed interest in crypto ETFs from global financial firms. Accelerate Financial Technologies has filed and obtained a receipt for a preliminary prospectus with Canadian securities regulators for the Accelerate Bitcoin ETF (ABTC). Announcing the news on Feb. 3, Accelerate Financial said that ABTC […]