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Fasset Secures Provisional Banking License to Become World’s First Stablecoin-Powered Islamic Bank

Fasset, a leading global financial superapp, has secured approval from Malaysia to provide banking services. The license completes Fasset’s ability to provide full-service digital banking to its existing global user base of 500,000 within a regulated sandbox for Islamic fintech innovations, establishing Fasset as the world’s first stablecoin-powered Islamic digital bank.

Milo’s Crypto Mortgage Has Helped Clients Increase Wealth By Over $100 Million

Milo, the leading crypto lender behind the world’s first crypto mortgage, announced today that its clients have increased their wealth by over $100 million through its crypto mortgage offering. Using Bitcoin and Ethereum as collateral, Milo’s clients have acquired more than $80 million in property without liquidating their holdings. This approach enables them to purchase homes while continuing to benefit from the long-term growth of their digital assets.

Crypto Security Failures Highlight Urgent Need for Stricter Safeguards, Says D24 Fintech

The crypto industry is facing a fresh reckoning over security following a series of high-profile breaches. Some of the largest breaches included hackers stealing $1.5bn from Bybit, Phemex losing out on $69m in a crypto heist, and WazirX losing £230m. Despite the rapid mainstreaming of digital assets, vulnerabilities in exchange infrastructure continue to leave billions of pounds at risk.

dtcpay Partners with WalletConnect to Advance Onchain Payments and Stablecoin Adoption

dtcpay, a licensed Major Payment Institution (MPI), today announced a strategic partnership with WalletConnect , the connectivity layer for the financial internet. The collaboration will accelerate the adoption of secure, frictionless onchain payments and reinforce dtcpay’s role in shaping the next generation of onchain finance.

Leading Crypto Firm, 21Shares, and New Wealth Management App, Stratiphy, Partner to Enable Investors to Access Digital Assets

Global-leading exchange traded product issuer 21Shares and new personalised wealth management platform, Stratiphy have partnered to unlock regulated access to cryptocurrencies and digital assets for UK investors once the FCA changes have been introduced to UK investors.

On-Chain KYC(R) 2.0 Transforms Digital Identity with Privacy-Preserving Blockchain Attestations

Blockpass, the identity verification and compliance service for blockchain and beyond, is excited to announce the launch of its new and improved On-Chain KYC® 2.0. With the adoption of crypto growing rapidly, Blockpass has created a flexible, powerful solution for blockchain identity verification and attestation which doesn’t compromise on privacy or security.

Triple-A Adopts iPiD’s Payee Verification to Bring Trust to Stablecoin and Fiat Payments Globally

iPiD, the leading provider in Know Your Payee (KYP) solutions worldwide, today announced it will power payee verification for Triple-A, a Singapore-headquartered and Monetary of Authority of Singapore (MAS)-licensed digital currency payment institution.

LayerZero enables Cross-Chain Interoperability for Quantoz Stablecoins EURQ and USDQ

Quantoz euro and dollar denominated stablecoins EURQ and USDQ are now integrated with LayerZero and Stargate. The first cross-chain connection is between Ethereum and Polygon, with further blockchain integrations to follow.

Swiss Bank Sygnum Launches BTC Alpha Fund in collaboration with Starboard Digital to Generate Yield on Bitcoin

Sygnum, a global digital asset banking group, announces the launch of the Starboard Sygnum BTC Alpha Fund

Keel Brings Up to $2.5 Billion in Capital to Solana DeFi, Tokenized Asset Markets, and RWA Ecosystems

Keel, a new Solana-native onchain capital allocator, has today officially launched to drive the next wave of DeFi and RWA adoption. Launching with an initial roadmap of $2.5 billion, Keel will allocate into DeFi and RWA liquidity, and yield-bearing tokenized assets. These allocations will act as an engine for ecosystem growth, and provide the depth and stability required to support institutional access to Solana’s capital markets.

BTCS, Europe’s Largest DATCO, Accelerates Momentum with a Fresh $100M Offering Following Successful Series F Clos

BTCS, the largest European Digital Asset Treasury Company (DATCO), today announced plans to raise an additional $100 million through a Series G fundraise, coming immediately on the heels of its recently closed Series F. This rapid succession of capital formation highlights strong market confidence in the model of institutional-scale digital asset treasuries.

Integral Launches World’s First Stablecoin-based Crypto Prime Broker

Integral, a global leader in FX and digital asset technology, today announced the launch of PrimeOne, the world’s first stablecoin-based crypto prime brokerage. Built on the Codex Layer-1 EVM blockchain, PrimeOne delivers institutional-grade credit, trading, and net settlement in a single, integrated platform.

B2BROKER Taps Finery Markets to Power Institutional Crypto OTC on B2TRADER

B2BROKER, a global fintech solutions provider for financial institutions, today announced its partnership with Finery Markets, a leading provider of non-custodial ECN and SaaS trading solutions and the first crypto ECN to receive SOC 2 Type 1 & 2 certifications. The collaboration will enhance the institutional crypto OTC offering of B2TRADER, B2BROKER’s multi-asset trading platform, by integrating Finery Markets’ advanced liquidity and infrastructure technology.

Emurgo Labs Signs MOU with Egypt Based Pravica for Cardano Native Stablecoins on Sui Blockchain

EMURGO Labs, a full-stack innovation agency with deep blockchain expertise and a contributor to the Cardano ecosystem, has signed an MoU with Pravica, a blockchain infrastructure service provider specializing in money tokenization, have signed an MoU to establish a framework for collaboration to integrate Cardano native stablecoins on the Sui blockchain.

Midnight Extends Glacier Drop Token Distribution Amid Strong Cross-chain Participation

Midnight TGE, the entity responsible for distributing NIGHT, Midnight Network’s native utility token, today announced a 16-day extension to the first phase of its multi-phase token distribution that has already seen over 2.7 Billion tokens claimed from users across blockchain’s most prominent ecosystems.

  1. African Development Bank Group’s Office of Integrity and Anti-Corruption Partners with Special Investigations Unit to Combat Financial Crime Read more
  2. The 4th Edition of the Africa Fintech Forum to Shape the Future of Finance in Kenya on October 15 Read more
  3. EXCLUSIVE: “Zee Whizz! Adapting to a New Banking Generation” – Joud Zaumot, Mambu and Andrzej Szelemetko, GFT Technologies in ‘The Fintech Magazine’ Read more
  4. Banks Embrace Core Banking Modernisation and Speedboat Strategies Read more
  5. EXCLUSIVE: “Taking the Pain Out of Compliance” – Camillo Werdich, Sinpex in ‘The Fintech Magazine’ Read more
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