The South Korean government is going to invest $16 million in training more digital finance experts in the coming four years. The Korean financial services commission and the Seoul metropolitan government have announced plans to invest $16 million in training digital finance experts for four years on Feb. 12. The application period to win the […]
Continue Reading
Millions of Coinbase Commerce merchants can accept stablecoin Dai as payment method. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, has added MakerDAO’s DAI stablecoin as a supported payment method this week. This integration will let merchants around the world accept the USD-pegged stablecoin as payment for goods and services without Coinbase […]
Continue Reading
Decentralized finance, commonly referred to as DeFi, has changed dramatically in a short time span, and more changes are to come this year. Newcomers to decentralized finance, or DeFi, would be hard-pressed to believe how much the industry has grown, changed and matured in just over a year. At the end of 2018, Maker returned […]
Continue Reading
Financial services giant SBI Holdings’s subsidiary is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. The partnership was revealed in a […]
Continue Reading
So far, 2020 has been a year of cryptocurrency regulation… Now, Australia has unveiled its five-year blockchain strategy. So far, 2020 has been a year of cryptocurrency regulation: The European Union, the United Kingdom and Singapore have officially introduced their approaches to the burgeoning industry. Now, Australia has published its national roadmap, hoping to become […]
Continue Reading
Central bank digital currencies would positively impact non-central bank crypto like Bitcoin, Grayscale Investment CEO Barry Silbert believes. Bitcoin (BTC) would benefit from global central banks issuing their own cryptocurrencies, the founder at the world’s largest digital asset manager believes. Barry Silbert, founder and CEO of digital currency asset manager Grayscale Investments and blockchain venture […]
Continue Reading
Cybersecurity firm Trend Micro has detected that hacking group Outlaw has been updating its toolkit to steal enterprise data for nearly half a year at this point. Cybersecurity firm Trend Micro has detected that hacking group Outlaw has been updating its toolkit for stealing enterprises’ data for nearly half a year at this point. Outlaw […]
Continue Reading
On the heels of new anti-Money Laundering laws, over 40 German banks are reported to have sought regulators’ go-ahead to offer digital assets services. On the heels of new Anti-Money Laundering laws, several German banks are reported to be seeking regulators’ go-ahead to offer digital assets services. Local newspaper Handelsblatt reported on Feb. 7 that […]
Continue Reading
Italian securities regulator Consob is shutting down 8 FX and crypto websites for providing illegal products and services. Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused […]
Continue Reading
Thickening regulations may drive crypto firms out of the EU, the rest will have to comply with “unclear and fragmented” laws for benefits in the long run. The European Union lately has been a hotbed for political and regulatory developments that could have a considerable impact on the day-to-day operations of the continent’s financial service […]
Continue Reading