Southland Credit Union, a $1 billion credit union serving over 60,000 members in the U.S., has teamed up with NYDIG to offer Bitcoin (BTC) buying and selling services. This will be made possible through a digital banking mobile app enabling Southland Credit Union members to buy, sell, and hold Bitcoin. The partnership with NYDIG is … Continue reading Billion-Dollar Southland Credit Union Rolls out Bitcoin Trading Services
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Following its partnership with Switzerland-based technology firm, Metaco, the Union Bank of the Philippines has now launched a crypto trading service for its customers. According to the announcement shared, retail customers, can now access the crypto trading service on Metaco’s digital asset platform Harmonize as it is now operational. Henry Aguda, chief technology officer and chief … Continue reading Union Bank of The Philippines Launches Crypto Trading Services
The European Union (EU) has made history by introducing the world’s first comprehensive crypto law. Lawmakers in the EU voted 517-38 in favor of the Markets in Crypto-Assets (MiCA) licensing regime, with 18 abstentions. The new law requires crypto wallet providers and exchanges to seek a license to operate across the bloc, and issuers of … Continue reading European Union Introduces Comprehensive Crypto Law
In a stride towards embracing digital currency, WeStreet Credit Union, based in Tulsa, Oklahoma, has unveiled a Crypto Portal to facilitate the buying, selling, and holding of cryptocurrencies for its members and the general public. Initially launched in August 2023 as a members-only feature, the portal extended its access to the public in October. Cryptocurrencies, … Continue reading WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal
Mask Network (Mask), a pioneering force in decentralized social networking, has announced the launch of its second fund under the Bonfire Union venture, achieving a remarkable milestone of $100 million across two funds since its inception in 2022. This strategic move aims to fuel the growth and innovation of decentralized social networks and infrastructure. Since … Continue reading Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone
What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?
In driving financial inclusion and FinTech adoption in emerging markets, Ray Youssef, CEO of Paxful explains the key challenges in Bitcoin adoption in Africa and the strategies penetrating into the African markets. We are glad to have an in-depth interview with Ray, on Paxful’s strategies into Africa and Latin America. He also explained the biggest … Continue reading Exclusive: Bitcoin – The Killer App in Africa and Latin America?
Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin! … Continue reading Exclusive: Arbitrage – the Key Business Opportunity Brought by Blockchain
The end of bear market? Bitcoin’s price has bounced back to over USD 10,000 since late Mar with surging institutional demand being the main driver for Bitcoin’s revival. We witnessed a number of interesting trends in H1 2019. Initial exchange offerings (IEO) caught widespread attention following the token sale of BitTorrent (BTT) on Binance Launchpad. … Continue reading Blockchain Market Report: 2019 H1 Review