Xapo Bank Adds Ethereum, Cardano, Polygon Crypto Assets
Xapo Bank announced that it has added three cryptos to its platform: Ethereum (ETH), Cardano (ADA) and Polygon (MATIC). Prior to 2018, the bank—which obtained a complete banking license in Gibraltar—only permitted its clients to retain fiat currencies, including US dollars and British pounds, as well as Bitcoin and stablecoins like USDC and Tether. According […]
BlackRock Files First Ethereum Spot ETF
BlackRock files for ETH spot ETF registration in Delaware, setting a pace that may see the firm extend its application to the SEC soon. Global asset management behemoth BlackRock has filed a document hinting at a potential proposal for an Ethereum-based exchange-traded fund, indicating interest in growing the range of cryptocurrency funds it offers. The […]
Taiwan Detains Key JPEX Executives Amidst Fraud Investigation
Executives from Taiwan’s JPEX exchange were arrested as part of a cryptocurrency fraud investigation, demonstrating Taiwan’s strict financial compliance laws. Taiwan’s legal authorities have detained prominent JPEX cryptocurrency exchange members embroiled in legal disputes. Chang Tung-Ying, the principal partner, and Shi Yu, an instructor associated with JPEX, were detained by the Taipei District Prosecutors Office […]
Ripple Lands RocketFuel as New Payment Partner
RocketFuel’s partnership with Ripple Labs only aims to advance cross-border transactions through XRP Payments. In keeping with its growth, Ripple has chosen RocketFuel Inc., a well-known international supplier of payment solutions, as a new payment partner. The statement was delivered during the ongoing Ripple Swell event. Reputed for taking a novel approach to international payments, […]
Visa Launches Global AI Advisory Practice
Visa has launched an advisory practice to help clients unlock the potential of artificial intelligence. The advisory service will be a Visa Consulting & Analytics (VCA) component. It will concentrate on “delivering actionable insights and recommendations to enable clients to harness generative AI and unlock the potential of AI,” per a press statement. Visa introduced […]