In a strategic move to bolster digital asset security, Bison Digital Assets, a subsidiary of Lisbon-based Bison Bank, has announced the integration of Fireblocks, an enterprise platform specializing in secure digital asset management. This collaboration is set to redefine Bison's digital asset offerings, fortifying its infrastructure with Fireblocks’ cutting-edge Multi-Party Computation (MPC) technology. The integration…

Crypto Markets Brace for Volatility Ahead of US Election, Says Derive.xyz Report As the U.S. presidential election looms, the cryptocurrency market is exhibiting signs of heightened anticipation and potential volatility. Derive.xyz's October 2024 Trading Insights Report provides a deep dive into the critical dynamics shaping Bitcoin (BTC) and Ethereum (ETH) markets during this politically charged…

Bahrain Launches First Regulated Crypto-Compatible Corporate Bank, Bridging Traditional and Digital Finance In a groundbreaking move, Singapore Gulf Bank (SGB) has unveiled Bahrain’s first regulated crypto-compatible global corporate banking platform. Backed by Bahrain’s sovereign wealth fund, Mumtalakat, and the influential Whampoa Group from Singapore, SGB is set to revolutionize the financial landscape by seamlessly integrating…

Vilnius, Lithuania – October 2024 In a strategic move to enhance financial security and streamline compliance processes, iDenfy, a leading ID verification and fraud prevention company based in Lithuania, has partnered with O2Factoring, a Dutch financial service provider specializing in factoring solutions. This collaboration aims to integrate advanced identity verification and Anti-Money Laundering (AML) screening…

Singapore, November 1, 2024 – In a significant move bridging traditional finance and blockchain technology, Libeara, a prominent real-world asset (RWA) tokenisation platform supported by SC Ventures, has announced a strategic partnership with FundBridge Capital. This collaboration aims to introduce the Delta Wellington Ultra Short Treasury On-Chain Fund (“ULTRA Fund”), with Wellington Management Singapore Pte.…

Lithuania-based RegTech company, iDenfy, has introduced a new electronic identity verification solution, or eIDV, tailored to simplify and secure the identity verification process for various high-risk industries. This innovative solution is set to redefine how businesses, particularly in the fintech, crypto, and iGaming sectors, approach Know Your Customer (KYC) procedures. The new eIDV process integrates…

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s adoption of cryptocurrencies, recommending the licensing of global cryptocurrency exchanges. This move aims to address Nigeria's macroeconomic challenges, including currency instability and inflation, while bolstering its position in Africa's burgeoning crypto market​. Nigeria has faced significant economic hurdles, with a notable issue being the discrepancies…

In a pivotal moment for the crypto industry, H.R. 4763, known as the Financial Innovation and Technology for the 21st Century Act (FIT 21), is set for a crucial vote in the U.S. House of Representatives next week. This bill aims to create a comprehensive regulatory framework for digital assets, which many believe is essential…

In a move that feels a bit like spring cleaning for digital paperwork, Ledgible has launched a new Readiness Assessment program. This initiative comes hot on the heels of the Internal Revenue Service's introduction of the draft Form 1099-DA, a new beacon in the foggy waters of digital asset tax reporting. With this program, Ledgible…

In a significant move towards embracing digital innovation, Mauritania’s central bank, in collaboration with Giesecke+Devrient (G+D), a renowned SecurityTech company, has initiated the development of a digital version of the national currency, the Ouguiya, according to a recently published press release. Announced during the International Monetary Fund (IMF) and World Bank Group Spring Meetings in…