Global payment giant Mastercard has launched its peer-to-peer cryptocurrency credentials pilot program to simplify how users send and receive digital currencies. The new service is available in more than ten countries in Europe and Latin America. By introducing the Mastercard Crypto Credential, the company aims to simplify and secure crypto transfers,...

Crypto exchange Gemini, owned by the Winklevoss twins, has announced the return of $2.2 billion to users of its Earn program after halting withdrawals 18 months ago, CNBC reported. This move followed a substantial settlement between the New York Attorney General and Genesis, Gemini's lending partner.Refunding Crypto Lending UsersWith the more than...

The New York Stock Exchange (NYSE) has partnered with CoinDesk to track spot Bitcoin prices. This collaboration aims to bridge traditional finance with cryptocurrency and offer investors ways to engage with digital assets. The partnership involves cash-settled index options tracking the CoinDesk Bitcoin Price Index (XBX). Introducing Bitcoin Index...

PayPal has integrated its stablecoin Paypal USD (PYUSD) with the Solana blockchain, promising faster and more cost-effective transactions. This move aims to enhance user flexibility by leveraging Solana’s capability to handle high-volume, low-cost transactions efficiently.PayPal USD Joins Forces with SolanaPayPal announced the availability of PYUSD...

GCEX, a prime brokerage for forex and cryptocurrencies led by Lars Holst, announced today (Wednesday) that it is enhancing its offerings with DV Chain, a provider of crypto liquidity and market-making services. Through the latest collaboration, GCEX expects to offer its clients even tighter spreads and reduced execution costs.The Need for Crypto LiquidityThe...

Three well-known financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – along with Boston Consulting Group (BCG), have revealed a blueprint aimed at establishing an industry-wide digital asset ecosystem to foster the acceptance of tokenized assets.Projected to reach a $16 trillion business opportunity by 2030, the tokenization...