South Korea’s cryptocurrency market has surpassed the combined trading volume of its major stock indices, KOSPI and KOSDAQ. The Financial Services Commission (FSC) chair, Kim Byoung-hwan, expresses concern […]
Circle Launches CPN: A Blockchain-Based System Challenging SWIFT’s Dominance
Circle Internet Financial has launched the Circle Payments Network (CPN), a blockchain-based platform designed to streamline international money transfers. The new network, partnered with major banks like BNY […]
Circle and Coinbase Seek US Banking Licenses: Reshaping Crypto’s Financial Landscape
Two major crypto firms, Circle and Coinbase, are actively pursuing US banking licenses to significantly enhance their financial integration capabilities. This move aligns with the growing political push […]
Crypto Firms Seek U.S. Bank Charters: A Move Toward Traditional Banking Integration
Major cryptocurrency firms are actively pursuing US bank charters, signaling a major shift towards integrating digital assets into traditional financial systems. This move signifies a strategic push to […]
Circle Enters Payment Race with New Network, CPN
Circle has launched Circle Payments Network (CPN), a novel solution aiming to revolutionize cross-border payments. The network directly challenges Ripple’s dominance in the market, offering fast and cost-effective […]
Crypto Firms Target Traditional Finance with Banking License Applications
Several prominent cryptocurrency businesses are stepping into new financial territory by seeking banking licenses, potentially reshaping market dynamics. Major players like Coinbase, Circle, BitGo, and Paxos are exploring […]
Crypto Companies Seek Bank Licenses to Seamlessly Integrate with Finance
Several major cryptocurrency firms are taking bold steps towards mainstream adoption by applying for banking licenses or similar approvals. According to a report from the Wall Street Journal, […]
Astra Fintech Invests $100 Million in Solana Expansion in Asia
Astra Fintech has committed a substantial $100 million to accelerate the growth of Solana within Asia. This investment aims to bolster cryptocurrency infrastructure across the region and drive […]
Crypto Firms Aim for US Banking License, Seeking Access to Traditional Finance
Several prominent cryptocurrency companies are taking a major step towards integrating with traditional financial systems by seeking banking licenses in the United States. According to a report from […]
Deutsche Bank Weighs Expanding Crypto Ties with U.S. Index
German investment bank Deutsche Bank is considering deepening its involvement in the U.S. crypto market, according to a Wall Street Journal report published Monday. This move follows the […]
Crypto Firms Consider Bank Charters Amid Regulatory Pressure
The crypto industry is exploring the potential of securing U.S. bank charters, driven by increased regulatory scrutiny and efforts to solidify its position in the financial system. Companies […]
Swapped.com Acquires Kado Software: Boosting Fintech Presence in the Crypto Market
In a strategic move to solidify its position within the cryptocurrency market, Swapped.com has acquired Kado Software. This acquisition, finalized in October 2023, marks a significant development for […]
Crypto Firms Eye Bank Charters: Could Ripple Impact Stablecoin Industry?
Major cryptocurrency players, including stablecoin issuer Circle and crypto custodian BitGo, are exploring bank charter applications. According to a Wall Street Journal report, they aim to operate like […]
Circle Launches Global Payment Platform to Compete with Visa and Mastercard
Circle is venturing into a new realm by launching its global payment network, aiming to challenge established giants like Visa and Mastercard. The platform debuts Tuesday from Circle’s […]
Deutsche Bank, Standard Chartered Explore Deeper Crypto Presence in US
Major global banks like Deutsche Bank and Standard Chartered are reevaluating their strategies regarding cryptocurrency, with a group exploring ways to expand their operations in the U.S., according […]