Breaking News
Arf receives Swiss regulatory approval
Arf’s VQF membership assures its compliance with the Swiss Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) acts, providing global regulatory acknowledgment of its reliability and underlining its position as the empowering partner of licensed money service businesses (MSBs) worldwide.
VQF is one of the world’s oldest and most selective cross-industry Self-Regulatory Organizations (SRO) and is officially authorized by the Federal Financial Market Supervisory Authority (FINMA). It is recognized as Switzerland’s financial services watchdog, supervising its members with regard to AML and CTF regulations.
CEO Ali Erhat Nalbant said: “We are thrilled to have received the VQF license approving our strong place in the global finance ecosystem. As we are scaling our business globally, the support of Swiss regulators enables us to provide our Web3 cross-border treasury management and working capital credit lines to a wider range of MSBs in need. This way, we’ll be elevating the ecosystem together more effectively.”
Rajpal Khangura, Chief Compliance Officer, commented: “As one of the world’s oldest and most selective cross-industry SROs, VQF’s approval affirms our commitment to using blockchain technology and digital assets in full compliance with regulatory requirements all over the world. We are honored to become a member.”
With the regulatory stamp of approval from Switzerland, Arf will continue expanding its products and solutions in line with its position as the trusted partner of licensed MSBs and financial institutions.
Arf recently launched Arf Credit Line to provide MSBs instant access to transactional working capital credit lines, allowing any corridor to be post-funded in real-time. By leveraging stablecoins and allowing instant settlements across multiple channels, including bank accounts, e-wallets, and cash pickup points, the company enables MSBs to build API-based cross-border financial operations and treasury management. Arf was also listed in Sifted’s “13 European Web3 Startups to Watch” list this year, which drew from the insights of investors across Europe.
Companies In This Post
- EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’ Read more
- FreedomPay Drives Global Merchant Innovation Read more
- FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences Read more
- Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure Read more
- Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds Read more
Cake Wallet Integrates xStocks, Letting Users Invest in Stocks Using Crypto.
Cake Wallet, an open-source, privacy-focused crypto wallet, today announced the integration of xStocks, a new feature that allows users to invest in tokenized stocks and ETFs directly through Web3 self-custody.
BCP Launches Criptococos, the First Crypto Banking Platform in Peru, Powered by BitGo
Banco de Crédito del Perú (“BCP”), the largest bank and the largest supplier of integrated financial services in Peru, and BitGo, the digital asset infrastructure company, today announced the launch of Criptococos, the first banking platform in Peru, to enable the secure purchase and management of crypto assets. The launch is part of a pilot project authorized by the Superintendency of Banking, Insurance, and Pension Fund Administrators (SBS) and reflects BCP’s ongoing commitment to driving innovation in the financial system.
Bybit Secures UAE’s First Virtual Asset Platform Operator License from Securities and Commodities Authority
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE).
The New Bitso: Redefining Its Identity and Launching a Global Stock Investment Product
After celebrating 11 years in the market, Bitso —Latin America’s leading digital financial services company— announced today a major transformation of its brand identity and communication strategy, based on a complete redesign of its application and the launch of a new financial product.
U.S. Bank Selected to Provide Custody Services for Reserves Backing Payment Stablecoins From Anchorage Digital Bank
U.S. Bank announced that it has been selected to serve as the custodian for reserves backing Anchorage Digital Bank’s payment stablecoins
Bakkt, Castle Island FalconX and Galaxy Select Fireblocks Trust Company for Institutional Crypto Custody
Fireblocks Trust Company, the New York State-regulated qualified custodian powered by the Fireblocks platform, today announced that it has partnered with Bakkt, Castle Island, FalconX, Galaxy, and others, offering its custody solutions to support regulated digital asset strategies across the financial ecosystem. As digital asset ETFs and digital asset treasuries (DATs), protocol launches, and collateralized lending move into the regulatory spotlight, Fireblocks Trust Company has become a critical enabler for institutions seeking compliant, secure infrastructure.
Blockdaemon and Aave Labs Announce Strategic Partnership to Expand Institutional Access to DeFi
Blockdaemon, a leading U.S. headquartered institutional-grade crypto infrastructure company, today announced a strategic partnership with Aave Labs, a core technology contributor to the Aave Protocol, to bring seamless institutional access to decentralized finance (DeFi) lending markets. Together, two trusted names with long-standing security track records are joining forces to set a new benchmark for institutional DeFi.
EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FreedomPay Drives Global Merchant Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences
FIS® announced a strategic partnership with Glia to deliver advanced AI-powered customer engagement capabilities across FIS' Digital One suite
Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure
Citi Ventures has announced a strategic investment in BVNK, highlighting the shift toward digital asset-based infrastructure.
Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds
Global retailers are accelerating their multi-acquirer strategies to stay ahead, according to a new survey conducted by ACI Worldwide
Ipswich Town Selects IFX Payments as an Elite Partner
Ipswich Town Football Club has selected IFX Payments as an Elite Partner of the club
Baghdadi Capital Group Selects nCino to Power Global Growth and Expansion Strategy
Baghdadi Capital Group has selected the nCino Platform to standardize and automate its global operations,