Category: FinTech

Millennial and Male: 3 Crypto Card Issuers Profile Their Average User

Millennial and Male, 3 Crypto Card Issuers Profile Their Average UserPlatforms offering debit cards that can be topped up with cryptocurrency have enjoyed growing popularity in the crypto community. They provide a payment solution for those who earn and own digital coins, enabling in-store and online crypto payments. Their expanding user base provides a snapshot of the kind of people who spend crypto on a […]

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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria

Wifi Sharing Platform Wicrypt Gets Government Grant in NigeriaA crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now […]

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German Fintechs Rush to Offer Crypto Custody Services Under New Law

German Fintechs Rush to Offer Crypto Custody Services Under New LawFintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, […]

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Crypto Banks Gain Regulatory Recognition Across the Globe

Crypto Banks Gain Regulatory Recognition Across the GlobeTraditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition around the world. Also read: How to Start With Bitcoin at […]

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Bankers Start to Recognize Bitcoin’s Role in Financial Evolution

Bankers Start to Recognize Bitcoin’s Role in Financial EvolutionDigitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that clever businessmen in any industry, banking is no exception, would quickly spot emerging competition, analyze its strengths, and […]

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Swiss Banks Team With Fintechs to Enter the Crypto Space

Swiss Banks Team With Fintechs to Enter the Crypto SpaceMultiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup […]

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How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects

How Cryptocurrencies Can Mitigate Some Negative Effects of BrexitBrexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels are trying to separate with […]

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Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will

Catering to Crypto Clients, Small Banks Embrace an Opportunity Big Players Are Missing Out OnCryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this […]

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Market Rebound Boosts Adoption of Cryptocurrencies for Payments

Market Rebound Boosts Adoption of Cryptocurrencies for Payments, Study FindsThe use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain […]

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Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

Bank of Mexico's Attempt to Regulate Crypto 'Is a Disaster,' Exchange CEO ExplainsThe long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about cryptocurrency. […]

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Bahrain Courts Indian Crypto Businesses in Collaboration With Government

Bahrain Courts Indian Crypto Businesses in Collaboration With GovernmentThe Bahrain Economic Development Board is inviting Indian firms to take advantage of the opportunities its country has to offer including for crypto businesses. The board has been collaborating with the Indian government on a number of issues. The Central Bank of Bahrain recently published its final rules on crypto assets. Also read: SEC Chair […]

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Top Business School in India to Offer Advanced Blockchain Program for Professionals

Top Business School in India to Offer Advanced Blockchain Program for ProfessionalsA top business school in India is set to offer an advanced blockchain program for professionals. It marks the latest case of global academic institutions trying to answer the demand from students and industry for more education on crypto assets. Also Read: University of Michigan Endowment Backs Crypto VC Fund Indian Institute of Management Calcutta […]

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Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators

Kenyan Crypto Adoption and Trading Grows Despite Warnings from RegulatorsOver the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. After those warnings, the region’s Capital Markets Authority (CMA) cautioned the public again after investigating a project called […]

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5 Crypto-Friendly Countries to Base Your Business

Choosing the best country to set up a business is vital in this digital age, and especially so for crypto companies. As governments around the world continue to learn more about cryptocurrencies and elect to either crack down on them or allow them to flourish, some jurisdictions emerge as being better than others for launching […]

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Thai Startup Atomicpay Launches Non-Custodial Crypto Payment Platform

Thai Startup Atomicpay Launches Non-Custodial Crypto Payment PlatformAtomicpay, a Thai-registered payments startup, has officially launched its non-custodial cryptocurrency payment terminal for merchants throughout the world. Founder and developer Benz Rif said the platform, which supports BTC, BCH, LTC and other cryptos, eliminates the involvement of a third-party processor, allowing merchants to accept payments directly from their customers. Also read: Mongolia’s Cheap Electricity Draws […]

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Brazilian Supermarket Chain Now Accepts Payment in Bitcoin

Brazilian Supermarket Chain Now Accepts Payment in BitcoinA Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in construction, ecommerce, hospitality and transport, already taking payment in cryptocurrency. Also read: Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet Shopping the Cryptocurrency Way Beginning Dec. 18, […]

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Bahrain’s Central Bank Issues Draft Crypto Regulations

Bahrain’s Central Bank Issues Draft Crypto RegulationsThe Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin […]

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Digital Currency Platform Revolut Receives European Banking License

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]

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