Intercontinental Exchange’s Digital Asset Platform Bakkt Announces First Acquisition

Previously targeting a launch on Jan. 24, Bakkt has acquired certain assets at futures commission merchant Rosenthal Collins Group. Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. […]

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Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody

Major Swiss investment bank Vontobel has launched a digital assets’ custodial service for banks and asset managers Switzerland’s major private investment bank Vontobel has launched a crypto custody solution targeting banks and asset managers, according to an official press release published on Jan. 14. Zurich-based Vontobel bank is reportedly the third largest financial custody provider […]

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US: Crypto Is Among SEC’s Top Examination Priorities for 2019

Cryptocurrencies are one of the U.S. Securities and Exchange Commission’s top examination priorities this year. Cryptocurrencies are one of the United States Securities and Exchange Commission’s (SEC) top examination priorities this year, according to an official statement announced by the commission Dec. 20. In the SEC’s Office of Compliance Inspections and Examinations (OCIE) recent report, […]

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Ukraine: Overregulation Prevents Crypto Development, Says Central Bank Official

Ukraine’s central bank official says there are too much regulators in the country trying to oversee the cryptocurrency industry, urges to weaken control. Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, […]

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Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech

A new blockchain-powered platform, backed by Alipay’s blockchain technology, will deliver cross-border remittance service between Pakistan Malaysia. The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8. Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary […]

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Payment Network RippleNet Exceeds 200 Customers, Garlinghouse Highlights Fiat Volatility

Payment network RippleNet has surpassed 200 customers, with financial institutions in 40 countries. Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200. The new institutions range from locations including Sweden, England and Kuwait, […]

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