The surge in cryptocurrency adoption has created a pressing need for secure, compliant storage solutions that cater specifically to financial institutions. Ripple, a leader in the digital finance space, has risen to meet this demand with the launch of Ripple Custody. This novel suite of crypto
October 14, 2024Ripple has made significant strides with its recent enhancements to Ripple Custody, aiming to provide banks and fintech firms with more robust tools for managing digital assets on behalf of their clients. These updates are pivotal as the digital asset sector experiences rapid expansion,
October 11, 2024The Hong Kong Virtual Asset Exchange (HKVAX) has recently achieved a significant milestone by securing several crucial licenses, which include Type 1 for dealing in securities, Type 7 for providing automated trading services, and an Anti-Money Laundering and Counter-Terrorist Financing Ordinance
October 7, 2024The financial technology (fintech) industry is undergoing a seismic shift, and at the heart of this transformation is Ethereum. Ethereum, an open-source, blockchain-based platform, is disrupting traditional financial systems with its smart contracts and decentralized finance (DeFi) applications.
September 23, 2024Recent developments in the financial sector suggest a promising future for tokenization, particularly in the realm of cross-border payments. In a groundbreaking initiative known as Project Agorá, the Bank for International Settlements (BIS), along with several central banks and the Institute of
September 17, 2024Tokenization has emerged as a buzzword in the financial sector, touted as a panacea for some of the industry's most persistent challenges. As the global trade finance gap continues to widen, tokenization presents a promising solution to streamline operations and improve liquidity. Advocates
September 6, 2024