eToro to Pay for Major UK Soccer Sponsorship Deal With Bitcoin

One of the major crypto stories of 2023 was the rollout of the Coinbase exchange's layer 2 network, "Base," which made use of Optimism's blockchain technology.The face of OP Labs, the main development firm for the popular Optimism protocol, is CEO Karl Floersch. He started in this role in May 2023, but he's been part

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Feb 20, 2020 at 14:00 UTCPaxos CEO Chad Cascarilla image via CoinDesk archivesNew York-regulated crypto startup Paxos, in conjunction with Credit Suisse and Nomura-owned broker-dealer Instinet, has claimed bragging rights for the first live blockchain-based settlement of U.S. equities. Announced Wednesday, the Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and…

Singapore-based payments unicorn Nium has rolled out a crypto-as-a-service (CaaS) offering aimed at financial institutions.Nium provides turn-key purpose-built API suites for new and traditional finance companies. Its latest offering seeks to provide ready-made tools amid a period of high demand in crypto.The company said its new CaaS will provide institutions with “in-demand capabilities” for crypto…

Recent forecasts point unmistakably to accelerating finance digitalization. The Bank of International Settlements, a central bank association, predicts rapid proliferation of national digitial currencies (CBDCs) over the coming years, while surveys reveal institutional investors are planning to allocate billions to asset tokenization.But the immaturity of security controls is a major challenge for institutional demand.The technology

The U.S. retains "minor deficiencies" in its policing of the virtual asset space. (Credit: Shutterstock)FATF Says US ‘Largely Compliant’ With Virtual Currency RecommendationsThe Financial Action Task Force (FATF) has rated the U.S. “largely compliant” with its revised criteria for preventing money laundering and terrorist financing (AML/CTF) through digital assets.The intergovernmental standards group published its assessment…

Australia will not be introducing a CBDC for some years due to several unresolved issues it found after a year-long research project.The Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre (DFCRC) conducted use case research around the payments system.Australia will not be making any decision on a central bank digital currency (CBDC)…

As bitcoin begins another ascent upwards, competition among existing crypto lenders will continue apace. That means more innovation in lending products and offerings, as new market entrants from traditional finance and crypto look to take a piece of this high-demand industry as well as risks. Much of the market turmoil during the last bear market

news Fujitsu Laboratories has unveiled what it calls “digital identity exchange technology” aimed to increase the security of online transactions. The tech, based on blockchain, makes it possible for individuals and businesses making online transactions to confirm the identity of other parties involved. More importantly, the identification system gauges the the “trustworthiness” of the other…