Search Results for: transaction management system

Leading European Tire Retreader Vaculug to Accept Crypto Payments

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Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence….

LBank Exchange Will List Drive Crypto (DRIVECRYPTO) on August 9, 2022

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PRESS RELEASE. INTERNET CITY, DUBAI, Aug. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022. For all users of LBank Exchange, the DRIVECRYPTO/USDT trading pair will be officially available for…

Financial Companies Report First Deal With Digital Assets Under Russian Law

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Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement…

Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging

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India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary…

Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments

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The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution…

Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

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Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses,…

29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

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The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer trading in…

Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations

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The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly been cleared by the regulators to remain open. However, only four…