The New York Stock Exchange (NYSE) has registered a trademark application to offer digital currency and NFT trading services in the metaverse. The application, filed on February 10th, constitutes the first foray of the company into the concept of the metaverse. The organization might be competing with other exchanges and established NFT marketplaces in the future. NYSE Takes Metaverse…
In brief Coinbase, Circle, Anchorage and Robinhood are among the companies participating. They announced “TRUST,” a system that aspires to comply with anti-money laundering rules while protecting privacy. Coinbase, Robinhood, and more than a dozen other crypto firms announced a plan on Wednesday to comply with new rules recently issued by the Financial Action Task Force (FATF), an international body…
Coinbase is proud to announce the launch of the Travel Rule Universal Solution Technology (TRUST), an industry-driven solution designed to comply with a requirement known as the Travel Rule while protecting the security and privacy of our customers. TRUST is a platform that allows cryptocurrency exchanges to securely send information legally required by the Travel Rule. The solution is named…
The Financial Conduct Authority (FCA), the top financial authority in the United Kingdom, has raised concerns over Binance’s recent partnership with Paysafe, a retail payment processor. The U.K. financial watchdog said the latest partnership of Binance gives it access to the extensive retail payment network via Faster Payment Services (FPS), a critical service that was discontinued for the crypto exchange…
On February 15, the Russian Ministry of Economic Development signaled a bullish development around Bitcoin; reduced costs for bitcoin miners. But what can we make of this? First the obvious: yes it is bullish. The Russian Ministry is reportedly considering “energy tariffs” for bitcoin (and other cryptocurrency) miners, as well as taxing cryptocurrency-to-ruble conversions — as long as said facilities…
As if OpenSea and Rarible needed more competition, the New York Stock Exchange (NYSE) recently filed a patent suggesting it may soon join the non-fungible token (NFT) market. On February 10, the NYSE filed a trademark to register “NYSE” for goods and services surrounding metaverse-related technologies like augmented reality and mixed-reality software, alongside various iterations of cryptocurrencies, tokens, digital assets,…
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, and Lithuania that supported these…
Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to expand its payment capabilities for the cryptocurrency sector. The acquisition gives Fireblocks additional resources to enable payment service providers to acquire cryptocurrencies and accept payments in digital assets, potentially opening the door to wider use…
While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the Republic offers more than just quality of life improvements for Bitcoin (BTC) owners, including an attractive fiscal environment and a growing Bitcoiner community. Cointelegraph recently interviewed the Bitcoin Family, who recently relocated to Portugal, learning that there was more to…
The native token for Avalanche, a speedy alternative to the leading smart contract platform Ethereum, jumped nearly 11% to hit a weekly high of $97.02 early this morning. AVA has since retraced, and is now trading hands at just under $95, according to data provided by CoinMarketCap. Despite the recent uptick, the token is still roughly 35% down from its…
