Stablecoin issuer Tether is taking steps to be more compliant with global crypto regulations. Tether announced on Tuesday that it has begun a trial partnership with Notabene, a digital identity startup that provides know-your-customer (KYC) infrastructure to crypto exchanges, to help it comply with the Financial Action Task Force (FATF)’s “travel rule,” which requires financial […]
Tether Partners With Identity Startup Notabene on Travel Rule Compliance
Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report
Ant Group and Tencent have changed references of non-fungible tokens (NFTs) to “digital collectibles” on their platforms and sites, Chinese media Jiemian reported. So far, NFTs have not been included in the Chinese government’s rules against crypto trading and mining. However, state entities have warned against the use of NFTs for market speculation. Last week, […]
Crypto News Roundup for Oct. 25, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today’s Stories: European stocks steady as investors prepare for week of tech earnings Stock Futures Creep Up Ahead of Tech Earnings Time for Fed to taper bond purchases but not to raise rates, Powell says U.S. business activity accelerates in October, shortages hamper […]
Singaporean Payments Unicorn Nium Launches Crypto-as-a-Service Platform
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” […]
Facebook Whistleblower Holds Crypto to Support Herself Financially: Report
Frances Haugen, the former Facebook product manager and whistleblower, reportedly practices the strategy of holding cryptocurrency. In an interview with the New York Times published Saturday, Haugen said she was managing financially for the “foreseeable future” because she had bought crypto “at the right time.” The article didn’t specify what type of crypto Haugen purchased. […]
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