Wirex Pay launches non-custodial crypto payments

A new partnership between the Dubai International Financial Centre (DIFC), Mashreq Bank, and fintech firm Norbloc aims to launch a blockchain-based Know Your Customer (KYC) data-sharing consortium in 2020. The official UAE news agency, Emirates News Agency, reported on the new development on July 31.The DIFC, Mashreq Bank and Norbloc — a Stockholm-based blockchain project…

Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures listed on the Chicago Mercantile Exchange. According to the company, this is one of the first regulated products giving exposure to Bitcoin, with…

Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. 44 Total views 18 Total shares Instagram's parent company Meta announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform SparkAR.CEO Mark Zuckerberg said of the announcement, “We're expanding our test so more…

The U.K.’s Crypto and Digital Assets All Party Parliamentary Group (APPG) announced it will launch an inquiry into the crypto and digital asset industry. 95 Total views 3 Total shares The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The…

The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data. 12704 Total views 51 Total shares Cardano has rewarded its investors with significant gains this year, with a growing number of holders joining the coveted millionaires’ club following the latest ADA price surge.Since the start of the year, the…

The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance of the controversial Petro coin.Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Spain: Eurocoinpay introduces…

No blanket ban on the horizon, with an open "window" for experimentation in India says Nirmala Sitharaman 3097 Total views 22 Total shares Yet another “crypto ban” turns out to be temporary FUD.In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated.…

Custodia Bank fought to service crypto firms under the previous administration but faced resistance from US regulators. 581 Total views 1 Total shares Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb.

Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States. 255 Total views 2 Total shares The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry with multiple crypto-focused companies…