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Coincover Sets Eyes on Crypto-based Insurance Service

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.

OKX Launches Rubix to Facilitate Digital Asset Access for Banks

OKX Launches Rubix to Facilitate Digital Asset Access for Banks

OKX unveils Rubix, a modular solution enabling banks and financial institutions to integrate digital asset services seamlessly, reducing operational and compliance barriers.

Revolut Secures MiCA License in Cyprus to Bolster EU Crypto Services

Revolut Secures MiCA License in Cyprus to Bolster EU Crypto Services

Revolut has obtained a MiCA license from Cyprus, enhancing its crypto services across the EU, impacting 14 million crypto users.

PayPal Acquires UK Crypto License

PayPal Acquires UK Crypto License

PayPal has secured a cryptocurrency license from the UK's Financial Conduct Authority, marking a strategic move amid post-Brexit adjustments, and transitioning UK clients from PayPal Europe to a new UK-based entity.

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

Since regulators consider crypto coins to be ill-suited for retail consumers, DBS bank said that it will not offer such products to retail-banking clients any time soon.

Stripe Resumes Crypto Service Offerings, Partners with FTX

Stripe Resumes Crypto Service Offerings, Partners with FTX

Stripe is rejoining cryptocurrency space support again by building partnerships with FTX.

Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges

Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges

Wallet of Satoshi withdraws from U.S. market, highlighting regulatory challenges faced by crypto service providers like GameStop and Binance, reflecting evolving U.S. cryptocurrency regulation landscape.

Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO

Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO

Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.

South Africa's Monetary Authority Ask Banks to Work with Crypto Exchanges

South Africa's Monetary Authority Ask Banks to Work with Crypto Exchanges

South Africa’s Central Bank has released new guidelines stating that banks in the country may act as a channel for funds tied to crypto asset service providers.

Citi Group Considers Launching Crypto Services Amid Increased Customer Interest

Citi Group Considers Launching Crypto Services Amid Increased Customer Interest

Citi Group discussed the possibility of launching crypto services for customers, just like Goldman Sachs enabled clients trade with Bitcoin-linked derivatives.

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients

With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.

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