Tag: blockchain
Revolut halts crypto services in the US citing “evolving regulatory environment”
Challenger bank Revolut will halt access to cryptocurrencies for US customers starting October 3, citing regulatory uncertainties and the evolving crypto market.
FactsChallenger bank...
The Republic of Palau taps Ripple for first stablecoin pilot
The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...
FSB publishes global regulatory framework for cryptoassets
The Financial Stability Board (FSB) has published a global regulatory framework for crypto asset activities. This framework is a response to the intrinsic volatility...
DBS launches e-CNY merchant collection solution in Mainland China
Singaporean banking giant DBS has launched an e-CNY merchant collection solution in Mainland China, allowing businesses to receive payments in China's central bank digital...
Colombia’s central bank taps Ripple to test blockchain use cases
Colombia's central bank, Banco de la República, has joined forces with Ripple to explore various use cases for blockchain technology, particularly in enhancing the...
Crypto fintech Oobit names Phillip Lord as president
Crypto fintech Oobit has appointed Phillip Lord as its new president. Lord, an experienced investment banker and blockchain investor, will focus on forging partnerships,...