WeBank, a digital bank that offers loans to small enterprises and individuals, has become the first technical infrastructure provider for the country's blockchain network.
Through a subsidiary dubbed solaris Digital Assets, the Berlin-based bank will provide a white-labeled custody product.
The government of Switzerland isn't keen on developing a digital currency for retail use but observes a few advantages of a wholesale digital currency.
Enterprise blockchain platform VeChain has been hacked, resulting in loss of 1.1 billion VET tokens worth around $6.53 million.
Max Keiser made a presentation at Labitconf in Montevideo, Uruguay, in which he underscored the impact that digital currencies create in the worldwide scenario and specifically in the Latin American region.
Circle, one of the earliest cryptocurrency adopters in the fintech space, has laid off around ten staff.
After a month of going completely operational, Switzerland-based digital currency bank SEBA has extended services to nine new nations.
Netherlands-based banking multinational ING is working on developing technology for the custody of digital assets, as per Reuters.
The Netherlands intends to bring harsher penalties for scams that involve banking apps and digital currencies.
Square Crypto has funded a pseudonymous researcher to let him take a shot at the space full-time.
China's securities regulator is purportedly setting up a technology regulation bureau and may soon designate Yao Qian, the previous head of China's central bank digital currency effort, as its new department chief.
Blockchain payments processor BitPay has included support for three stablecoins—the Gemini dollar (GUSD), Circle's USD coin (USDC), and Paxos Standard token (PAX).
ConsenSys, the ethereum blockchain development firm with more than 30 hubs worldwide, has closed down primary operations in India and the Philippines.
Venture capital company Andreessen Horowitz (a16z) has revealed a rundown of educators that will instruct at its Crypto Startup School.
The U.S. Securities and Exchange Commission (SEC) has recently charged Shopin founder Eran Eyal and its company with fraud after a $42 million initial coin offering.