Taiwan’s financial regulator permits professional investors to invest in digital asset ETFs
The FSC has restricted access to the virtual asset ETFs to professional institutional investors Security companies will need to establish a “virtual asset ETF suitability system” Taiwan’s financial regulator is…
Kasikornbank to launch Thailand’s first licensed digital asset custodian
Kasikornbank is set to launch orbix Custodian, Thailand’s first licensed digital asset custodian. Operations for orbix Custodian are set to begin in early 2025 after licensing. KBank also focuses on…
Binance granted full Digital Asset Trading License in Kazakhstan
Binance Kazakhstan has secured a full DATF license from AFSA for digital assets. The license allows trading, brokerage, and custody services in Central Asia. The crypto exchange underwent rigorous audits…
BitGo launches a digital asset management platform for protocols
BitGo launches a unified platform for Web3 token management and compliance. Major protocols like Worldcoin and Sui are already using BitGo’s new solution. BitGo is also the custodian for 21Shares’…
Swift to streamline adoption of digital assets on its network
Swift announces plans to streamline adoption of digital assets, including regulated stablecoins. Growth in the real-world assets (RWA) market, CBDCs and stablecoins are major reasons for Swift’s initiatives across the…
Telefónica partners Privado ID to drive digital identities adoption across EU
Privado ID’s partnership with Telefonica Tech is aimed at accelerating adoption of privacy-focused and compliant digital identities for users in the European Union. The collaboration comes as the EU prepares…
Siemens’ €300 million digital bond on SWIAT blockchain settled in minutes
Siemens issued a €300 million digital bond on SWIAT’s blockchain platform. The bond settled in minutes, a significant improvement from Siemens’ previous bond. Major German banks participated, showcasing growing interest…
Anchorage Digital adds rewards for PayPal USD holders
Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD holders can earn the rewards by custodying their tokens with…
Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt
Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt. Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news. Riot Platforms, holding 19% of Bitfarms, previously…
RAKBANK partners with Bitpanda to launch digital asset management platform in UAE
RAKBANK partners with Bitpanda to create a digital asset management platform. The digital asset management platform awaits approval from the Central Bank of the UAE. UAE’s crypto adoption continues to…