Breaking News
First Insured Bitcoin White Paper to Comply with MiCAR – Blockrise Chooses Crypto Risk Metrics
After being appointed the exclusive white paper provider for Bitstamp earlier this year, Crypto Risk Metrics wins Rotterdam’s Bitcoin asset manager Blockrise as next client for their MiCAR white paper services.
Jos Lazet, CEO of Blockrise, explains: “We are positioning ourselves as the gold standard for bitcoin asset management – which of course comes with the duty to adhere to the respective rules and regulations at all times. With the arrival of these new regulations, we needed MiCAR-compliant white papers as we offer crypto-asset services to our clients. We are happy that Crypto Risk Metrics is able to provide them for us.”
By relying on the white papers from Crypto Risk Metrics, Blockrise chose the only supplier who offers insurable white papers, enhancing consumer protection even further.
Tim Zölitz, CEO of Crypto Risk Metrics, adds: “After the ESMA statement came out, we conducted a thorough investigation of the legal requirements with legal firm DLA Piper, both on the CASP and on our side. This resulted in us building a specialized product for white paper compliance for the industry, which is insurable by a leading German insurer with a Standard & Poor’s rating of A+, as this seems very much needed in order to avoid friction in the market. By relying on our services, we contribute to investor protection, while at the same time helping the CASPs to stay compliant and minimize liability risks.”
ESMA’s public statement addressed the expectation from the regulator when it comes to non-compliant assets under MiCAR and the interpretation of “offering” a crypto asset. It was made clear that companies providing reception and transmission of orders. execution of orders for crypto-assets on behalf of clients, and exchange of crypto-assets for funds or other crypto-assets would also be expected to ceise offering non-compliant assets to the public.
By adopting Blockrise Crypto Risk Metrics, the company sets a new standard for crypto compliance by being the first to offer insured digital assets and follow MiCAR guidelines.
- TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors Read more
- ING Hires Aled Patchett to Lead UK Sector Strategy Read more
- Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails Read more
- MNP and Caseware Partner to Build the Future of Agentic Audit Read more
- Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International Read more
MassPay and Coinbase Partner to Bring Stablecoin-Powered Payouts to Businesses Worldwide
MassPay and Coinbase announced a strategic partnership to bring stablecoin-powered cross-border payout capabilities to businesses worldwide
Solflare and Collector Crypt Unify Collectibles Experience On-Chain with Launch of Solflare Packs
Today, Solflare, the gateway to the next era of finance, announced the launch of Solflare Packs, Solflare’s native in-wallet experience for opening real and graded trading cards. Powered by Collector Crypt, a Solana-based tokenized trading card game (TCG) marketplace with over $1 billion in trading volume since its inception, users can browse, purchase, and reveal cards all directly in their Solflare wallet.
MoonPay Adds Wall Street, National Security Council, Silicon Valley, and Digital Asset Veterans to Board & Advisors in Single Expansion
MoonPay, the leading crypto payments network, has announced that Amy Butte, and Mike Hayes have joined the Board of Directors of MoonPay Inc, Jonathan Auerbach has joined the board of MoonPay USA LLC, and Tad Smith is joining as an advisor.
Yellow Card Selects Turnkey for Stablecoin Payments in Emerging Markets
Yellow Card, one of the largest licensed stablecoin infrastructure providers in the world, operating across 34 countries, including 20 in Africa, has selected Turnkey for stablecoin payments in emerging markets.
SDB Wallet Launches Digital Wallet Services
SDB Wallet announces the launch of its digital wallet platform — multi-currency accounts, Mastercard cards, international transfers and digital-asset deposits in one secure app.
Crypto’s Missing Millions: Less Than a Quarter of UK Women Investing in ‘Masculine’ Currency
bunq reveals a significant gender gap in UK crypto adoption as British women view the currency as difficult to access and not designed for them
UAE-Headquartered Bybit Launches IPO Express
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of Bybit IPO Express, becoming one of the first centralized crypto exchanges globally to offer tokenized IPO (initial public offerings) at the offering price. Powered by Payward Services' xStocks, eligible retail investors worldwide can now participate in blockbuster IPO projects by subscribing to tokenized representations of publicly traded equities, starting with SpaceX as the inaugural offering.
TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
ING has appointed Aled Patchett as Head of Sectors UK, as the bank steps up its push to deepen client coverage and drive cross-product growth in the UK market.
Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Eastnets: Navigating the New Era of Instant Payments and Global Fraud Prevention
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Dual-Edged Sword of Artificial Intelligence: Structuring Governance Protocols for High-Velocity Financial Solutions
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]