Another aim of the partnership is licensing various CoinDesk Indices benchmarks for exchange-traded financial products, Also, HAQQ – a blockchain focused on creating a Shariah-compliant financial system and the home of Islamic Coin – will get access to CDI’s API for selected digital assets, including for its digital asset exchange. Source
Tag: Pact
Tel Aviv Stock Exchange to offer crypto services via Fireblocks pact
Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services. Tel Aviv Stock Exchange (TASE) has signed an agreement with the digital asset platform Fireblocks to jointly offer a range of new digital asset products and services. Announcing the news on Aug. 1, TASE noted that the new partnership will enable the stock exchange to provide institutional-grade digital asset solutions for regulated entities. The collaboration is designed to combine TASE’s experience and presence in the Israeli market with…
Genesis entity going up for sale as DCG makes creditor pact
Genesis Global has announced it has reached an “agreement in principle” with Digital Currency Group (DCG) which will eventually see its crypto lending and trading arm sold as part of restructuring efforts. According to a Feb. 6 press release, DCG would contribute its equity in Genesis Global Trading, a trading subsidiary business, to Genesis Global Holdco, the holding entity for Genesis — bringing all Genesis-related entities under the same holding company. After the transactions are final — pending necessary court approval — Genesis will seek to put its then-owned Genesis…
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
“Under the settlement, DCG would contribute that entity, [Genesis Global Trading], to [Genesis Global Holdco] … that will happen on the effective date,” O’Neal said. “In the meantime, during these cases, we will actually be marketing and trying to sell not only the debtors’ assets, but also GGT’s because they form a nice package, and we believe that by packaging them together, we can maximize the recoveries to the estate.” Source
Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank – Economics Bitcoin News
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable it to preserve its forex reserves. Joining BRICS Following the Egyptian parliament’s recent endorsement of an agreement that paves the way for the country to join the New Development Bank, lawmaker Mohamed Abdel-Hamid, reportedly said the move helps reduce demand for U.S. dollars. Set up…
Visa Ends Its Debit Card Pact With FTX
The original partnership to release crypto debit cards in 40 countries was reported on in October. Source
Miami International Holdings, Lukka Form Pact in Plan to Launch Crypto Derivatives
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Shopify Expands Crypto Payment Options With Crypto.com Pact
Merchants using Shopify now have another option to accept cryptocurrency as a payment method. Source
State Street to Offer Crypto Custody in Pact With Copper
CryptoX – Cryptocurrency Analysis and News Portal The move follows the custodial banking giant launching its crypto division in June 2021. Source The post State Street to Offer Crypto Custody in Pact With Copper appeared first on CryptoX. CryptoX Portal
State Street to Offer Crypto Custody in Pact With Copper.co
The move follows the custodial banking giant launching its crypto division in June 2021. Source