digital assets

US Senators Ask SoFi About Its Banking Law Compliance

US Senators Ask SoFi About Its Banking Law Compliance
US Senators Ask SoFi About Its Banking Law Compliance
November 21, 2022  |  Bank Regulation

Four U.S. senators have signed a letter to SoFi Technologies CEO Anthony Noto expressing concerns about the online personal finance company and online bank’s digital...

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Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

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TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
November 18, 2022  |  Cryptocurrency

FTX’s meltdown and crypto’s whipsaw gyrations continue to shake retail investors, many of whom will be wiped out. Institutional investors are shying away from the...

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FV Debuts Puerto Rico’s 1st Bank-Based Digital Asset Custody Service
FV Debuts Puerto Rico’s 1st Bank-Based Digital Asset Custody Service
November 09, 2022  |  Cryptocurrency

Puerto Rico’s FV Bank has launched digital asset custody and settlement services for clients around the world, becoming the first bank in the commonwealth to...

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User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
November 09, 2022  |  Cryptocurrency

Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part...

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Russian Central Bank Eyes Digital Asset Rules
Russian Central Bank Eyes Digital Asset Rules
November 08, 2022  |  Legal & Regulation

Russia’s central bank is reportedly considering new regulations and rules for taxing non-fungible tokens (NFTs), smart contracts and trading digital assets.  Get the Full Story...

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Israel Eyes Blockchain Bonds To Streamline Debt-based Securities Issuance
Israel Eyes Blockchain Bonds To Streamline Debt-based Securities Issuance
November 02, 2022  |  Blockchain

The Tel Aviv Stock Exchange (TASE) has recently signaled its interest in exploring innovative use cases for distributed ledger technology (DLT) in financial markets. Get...

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Fidelity Ups Digital Asset Hiring as Crypto Firms Struggle
Fidelity Ups Digital Asset Hiring as Crypto Firms Struggle
October 23, 2022  |  Cryptocurrency

Fidelity Investments will hire 100 more workers for its digital assets operations as it expands on its efforts to lure talent away from struggling crypto...

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