News about SERVICES

News about Services

McHenry, Hill Statement Regarding Spot Bitcoin ETF Approvals - House Financial Services Committee

McHenry, Hill Statement Regarding Spot Bitcoin ETF Approvals& & House Financial Services Committee

Alchemy Pay Bolsters Hong Kong's Crypto Infrastructure with Enhanced Virtual Card Services

Alchemy Pay enhances Hong Kong's crypto infrastructure by adding new BINs for its Crypto Virtual Card, aligning with the region's evolving regulatory landscape and advancing global crypto payment solutions. (Read More)

Defi Can Strengthen the United States’ Leadership in Tech and Financial Services, CFTC Report Says

Decentralized finance projects and their respective ecosystems potentially offer both promising opportunities and risks to the U.S. financial system, a Commodities Futures Trading Commission (CFTC) study has found. The CFTC study report recommends co...

Upbit Singapore Granted MPI License for Institutional Crypto Services

The Monetary Authority of Singapore (MAS) has officially granted Upbit Singapore a Major Payment Institution (MPI) license, marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...

Do services like this exist? (relating to locked tokens due to staking)

If someone stakes their (just as an example) DOT their liquidity gets locked up for 28 days or so. I'm wondering if there are companies out there that exist which would offer loans somehow using your locked funds as collateral? If they exist, wh...

Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access

Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth. (Read More)

Ripple Expands Horizons: Targets $1.5 Trillion IT Services Industry

In a move to redefine international financial transactions in the IT services sector, Ripple has set its sights on the burgeoning $1.5 trillion industry. In its latest publication, “Accelerating Global Payments for Your IT Services Business,...

Are there any services that get you a lightning balance for close to nothing?

I have heard opening a lightning channel is expensive since it must be done on L1. Are there any services where some whale basically already had a ton of BTC on lightning and if you give them cash money they will load you up with some lightning BTC f...

UK Crypto on Pause: Why Are Revolut and Others Halting Services?

Followers of the crypto industry with an interest in the UK may recall positive messages emanating from the British authorities throughout 2023. According to Prime Minister Rishi Sunak, speaking at a London launch event for the heavily crypto-investe...

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency. (Read More)

"the real economy is goods and services"

I recently was listening to this interview with Elon and Kathy woods: https://youtu.be/kCHdYpHwBDk?si=jwXQIX6KuWy-nbho When asked about Bitcoin and crypto Elon said he thinks about it very little, and that "the real economy is goods and service...

Elon Musk says X will launch payment services by mid-2024

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Hashkey Capital Singapore Secures Full Capital Markets Services License From Singapore

Reflecting Singapore’s progressive stance on digital assets, the Monetary Authority of Singapore (MAS) has awarded Hashkey Capital Singapore a full Capital Markets Services license, enabling the firm to enhance its fund management services and...

Report: South African Financial Institutions Will Soon Offer Services Related to Cryptocurrencies

About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno...

KuCoin Settles New York Charges for $22M, Halts Services for Residents

KuCoin has reached a settlement of USD $22 million with the state of New York and committed to ceasing its services for users in the region, according to an order filed in the Supreme Court today (Tuesday). The crypto exchange was charged for offerin...

CoinMENA FZE Secures VASP License for VA Broker-Dealer Services in Dubai

CoinMENA FZE, a subsidiary of CoinMENA B.S.C. (c), has obtained a Virtual Asset Service Provider (VASP) license for VA Broker-Dealer services from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows the company to operate and offe...

FCA Flags Crypto Exchange LYKKE for Unauthorized Financial Services Promotion

The UK's Financial Conduct Authority (FCA) has issued a warning advising individuals to exercise caution when dealing with LYKKE. The crypto exchange is being cautioned against due to its potential involvement in unauthorized financial promotions. Th...

BBVA partners with Ripple’s Metaco to expand its crypto services in Switzerland

BBVA in Switzerland will migrate its crypto custody service to Metaco’s Harmonize platform. It also plans to expand its crypto trading services beyond Bitcoin and Ethereum. Ripple acquired Swiss-based Metaco in May 2023. BBVA in Switzerland,...

Robinhood launches crypto trading services in Europe

All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade....

Brazil’s Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services

Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this fea...

Swiss city to accept tax and services payments in Bitcoin, Tether - crypto.news

Swiss city to accept tax and services payments in Bitcoin, Tether& & crypto.news

US Financial Services Platform Sofi Announces Exit From Crypto Market

Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the s...

Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4

Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared....

Brazil's Top Bank Enters Crypto Space with Bitcoin, Ether Trading Services

Brazil's largest private bank, Itaú Unibanco, has made its foray into the cryptocurrency space. The lender is offering a cryptocurrency trading service, initially dealing in Bitcoin and Ether, according to a report by Reuters. Itaú Unibanco’s expansi...

Standard Chartered Zodia integrates Ripple-owned Metaco’s crypto storage services

Zodia Custody, backed by Standard Chartered Bank, integrates Metaco’s crypto storage. The move is aimed at enhancing global sub-custody services for cryptocurrencies. The collaboration reflects the third generation of crypto custody, linking m...

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