Day: 18 September 2024

SIX Group, operator of the Swiss stock exchange, is reportedly exploring the creation of a new crypto trading platform in Europe to compete with major players like Binance, OKX, and Coinbase. According to the Financial Times, Bjørn Sibbern, global head of exchanges at SIX Group, confirmed the company's interest in ...

A report by Fortune Business Insights forecasts the fintech market to grow from $294.74 billion in 2023 to $340.10 billion in 2024, reaching an impressive $1.15 trillion by 2032. The digital assets sector is expected to lead this growth, with Assets Under Management (AUM) projected to reach $80.04 billion in ...

The Reserve Bank of Australia (RBA) seems to be prioritizing the development of a wholesale central bank digital currency (CBDC) over a retail version because of the potential economic benefits and reduced complexity for the nation's financial system. RBA Assistant Governor Brad Jones, speaking at the Intersekt Conference on September ...

Digital asset custodian BitGo is set to challenge the stablecoin market dominance of Tether's USDT and Circle's USDC with the launch of its new product: "The USD Standard (USDS) stablecoin," in January 2025. In a recent press release, BitGo claimed it wants to address the current stablecoin market's tendency to ...

Google Cloud has unveiled a new Ethereum-compatible Remote Procedure Call (RPC) service to streamline blockchain development. Announced on September 18, this new service is expected to be a cost-effective alternative to managing node infrastructure. It enables decentralized applications(dApps) to interact directly with blockchain networks, beginning with support for the Ethereum ...

Fireblocks, a digital asset management platform, and blockchain developer Chainlink Labs have announced a strategic partnership to build and offer banks and financial institutions a secure and compliant technology solution for issuing and transacting stablecoins globally. According to a press release from both companies, this new solution provides on-chain collateral ...