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Latest Results from /crypto

/crypto

Deutsche Börse selects Google Cloud to underpin digital asset business

Deutsche Börse has selected Google Cloud to provide the backbone for a new digital asset business platform that will aim to establish an institutional-grade ecosystem for crypto trading.

/crypto

Digital asset protection provider Coincover raises $30m

Coincover, a UK-based digital asset protection provider, has raised $30 million in a funding round led by Silicon Valley’s Foundation Capital.

/crypto

Kraken’s staking-as-a-service sunk by SEC

The US Securities and Exchange Commission (SEC) reached a settlement of $30 million with crypto platform Kraken, for the exchange’s failure to register its staking-as-a-service program.

/crypto

JP Morgan touts bank-issued deposit tokens

Blockchain-based deposit tokens, rather than stablecoins, could emerge as the foundation for stable digital money, according to a report from JP Morgan and Oliver Wyman.

/crypto

Robinhood aims to buy back Bankman-Fried's 7% stake

Robinhood says its board has given the green light to a plan to buy FTX founder Sam Bankman-Fried's seven per cent stake in the stock trading app.

/crypto

BNPL provider Affirm cuts 19% of staff, ends crypto initiative

BNPL platform Affirm announced it has cut 19% of its workforce, amounting to 500 employees.

/crypto

BIS Innovation Hub sets sights on stablecoin monitoring

The Bank for International Settlements has set out the plans for its Innovation Hub network in 2023, including work on the systemic monitoring of stablecoins.

/crypto

Ramp scores FCA approval for 'off-ramp' crypto product

Crypto infrastructure startup Ramp has rolled out its platform for transferring digital assets back into fiat currency, after receiving regulatory approval.

/crypto

Revolut debuts crypto staking

Revolut has launched cryptocurrency staking for customers in the UK and EEA, enabling users to earn returns on their holdings by locking up their cryptocurrrency in a wallet.

/crypto

UK kicks off consultation on digital pound

The UK government is speeding up its consultation on the introduction of a digital pound in the face of looming threats to monetary sovereignty from privately-backed Big Tech alternatives.

/crypto

Silvergate's FTX dealings face fraud investigation

US Justice Department fraud prosecutors are investigating crypto-focussed bank Silvergate's dealings with FTX and Alameda Research, according to Bloomberg.

/crypto

Australian Government publishes token mapping consultation paper

The Treasury of Australia is seeking responses to its latest consultation paper, exploring crypto assets in the Australian financial services regulatory context.