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Switzerland: Regulated Crypto Bank Now offers Yields on Its Stablecoin

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Dalmas Ngetich
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March 17, 2021 Regulation
Sygnum–a digital asset bank with operational licenses in Switzerland and Singapore, is offering a 0.75 percent annual yield on its stablecoin, the Digital CHF (DCHF), a press release on Mar 16 reveals.
The bank is launching a 3-month Digital CHF (DCHF) fixed-term deposit product in a Swiss negative interest rate environment.
Sygnum is Trailblazing
To earn positive yields, CHF holders must convert their fiat to DCHF through Sygnum’s integrated account. Here, owners can buy DCHF, BTC, ETH, and a range of other digital currencies using CHF, USD, SGD, and the Euro.

Switzerland , Singapore , Swiss , Crypto-bank , Regulated-crypto-bank-now , Its-stablecoin , Dalmas-ngetich , Swiss-franc , Cryptocurrency-news , Current-cryptocurrency-news , Cryptocurrency-news-today

Thailand: Movie Enthusiasts Can Now Pay for Tickets using Bitcoin (BTC)

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Dalmas Ngetich
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March 5, 2021 Bitcoin
In the first pilot project in Thailand’s entertainment scene demonstrating virtual currencies’ potential, Major Cineplex Group is collaborating with Zippex and RapidZ.
Clients can now buy movie tickets using Bitcoin and digital cryptocurrencies, adapting to the “new normal lifestyle,” local news outlet
Siam Rath on March 5 reports.
Thailand’s Crypto Players Join Hands to Spur Adoption
Major Cineplex Group is the largest movie theatres operator in Thailand, while Zippex is an established crypto exchange. On the other hand, RapidZ is a digital exchange management system provider with a presence in South East Asia.

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IoTeX Is Now an Amazon Web Services Partner Network (APN) in China and the U.S.

IoTeX is now part of the Amazon Web Services Partner Network (APN) in the U.S. and China, a press release on Feb 25 reveals. A Boost for IoTeX, AWS Widely Adopted by Fortune 500 Companies The APN is a global partner program tailored for technology and consulting businesses. It is…

China , United-states , Chinese , Technology-partner , Amazon-web-services-partner-network , Iot-solutions , Iotex-is-now , Dalmas-ngetich , Select-technology-partner , High-cloud , Provide-iot

Enjin (ENJ) Allies with Miss Bitcoin to Launch the First NFT Project in Japan

Gracone Inc, an educational platform highlighting the use of blockchain and non-fungible tokens, particularly in charity, is partnering with Enjin to launch the first Japanese NFT charity project via Kizuna, a hub that aims to change the society through sustainable development goals by leveraging on the blockchain, an announcement on…

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Europe's Top Real Estate Company Taps Stellar Blockchain To Issue €20 Million Bond

Vonovia, a top real estate company in Europe that’s part of the DAX 30, is issuing a €20 million digital bond on the Stellar Blockchain in partnership with Firstwire and Bitbond, a press release on Jan 13 reveals. It comes less than three weeks after the German cabinet made into…

Germany , Ukraine , German , Stellar-network , Stellar-development-foundation , Ukraine-ministry-of-digital-transformation , Dalmas-ngetich , Stellar-blockchain , Chief-financial-officer , Digital-transformation , Cryptocurrency-news

A Coronavirus Test Center in Germany's Largest Airport Is Using IOTA

A coronavirus test center at a Frankfurt airport uses IOTA technology to immutably store and protect travelers' information proven to be virus-free, a tweet that first broke the news and later confirmed to be true by a developer of the IOTA Foundation reveals on Jan 7. Using IOTA for Coronavirus…

Germany , China , Macau , Frankfurt , Brandenburg , Chinese , Germans , A-coronavirus-test-center , Coronavirus-test-center , Largest-airport-is-using , Dalmas-ngetich

Coinbase Sued For Helping Ripple Raise Billions by Selling XRP

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Dalmas Ngetich
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January 1, 2021 Regulation
A plaintiff, Thomas Sandoval, is
lodging a class action lawsuit at a San Francisco federal court against Coinbase. He alleges that the exchange received commissions by helping Ripple sell XRP without registering with the United States Securities and Exchange Commission (SEC), approving them to sell securities, a filing captured on Dec 30 reveals.
The Sandoval v. Coinbase Case
In the Sandoval v. Coinbase, 20-cv-09420, U.S. District Court, Northern District of California (San Francisco), Thomas claims that Coinbase knew that XRP was unregistered security. However, they proceeded anyway, earning commissions that gave it a competitive advantage.

California , United-states , San-francisco , Thomas-sandoval , Exchange-commission , Ripple-co , Us-district-court , Dalmas-ngetich , United-states-securities , Northern-district , Ripple-labs , கலிஃபோர்னியா

Ethereum and USDT Dominant as Stablecoin Transactional Volume Soars Past $1 Trillion in 2020

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Dalmas Ngetich
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December 24, 2020 Ethereum
The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone,
USDT and Ethereum Command Market Share
Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed by USDC and DAI with a market share of 15 and seven percent, respectively.
However, Ethereum has a commanding lead as a dominant chain where most stablecoin volumes were registered.
Out of the $1 trillion, 83.5 percent were moved in the pioneer smart contracting platform. Tron and Omni Network trailed Ethereum with a market share of 14.5 and 2.1 percent, respectively.

United-states , Venezuela , Block-research , Grant-thornton , Stablecoin-transactional-volume-soars-past , Dalmas-ngetich , Ethereum-command-market , Tether-limited , Omni-network , Stablecoin-index , ஒன்றுபட்டது-மாநிலங்களில்

US Insurance Giant with $28.6 Billion in Revenue Buys $100 Million Worth of Bitcoin

US Insurance Giant with $28.6 Billion in Revenue Buys $100 Million Worth of Bitcoin
btcmanager.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from btcmanager.com Daily Mail and Mail on Sunday newspapers.

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Standard Chartered-Backed Crypto Custody Solution Set for Launch in 2021

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Dalmas Ngetich
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December 10, 2020 Bitcoin
Zodia Custody is an institutional-grade custody solution formed following the partnership between SC Ventures—a unit of the London-based Standard Chartered Bank, and Northern Trust—an asset servicing provider, a press release on Dec 9 reveals.
FCA Approval Pending
It shall begin operations in 2021 once it gets approval from the UK’s Financial Conduct Authority (FCA).
In all, the custody solution blends aspects from the traditional custody principles, the expertise of a bank, and the agility of a Fintech company to provide a high standard platform adaptable to the changing financial landscape.

United-kingdom , Philippines , Thailand , Hong-kong , Singapore , Filipino , Alex-manson , United-kingdom-financial-conduct-authority , Ibm , Monetary-authority-of-singapore , Hong-kong-monetary-authority , Standard-chartered-bank