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Press Release: TP ICAP announces first live trade through Fusion Digital Assets with GMEX trading and post-trade technology

Fusion Digital Assets – TP ICAP’s wholesale marketplace for spot cryptoassets – is now live and has successfully completed its first XBTUSD pairs trade with the associated settlement processed by Fidelity Digital Assets℠ London, New York, 24 May 2023: GMEX Technologies (“GMEX”), a subsidiary of GMEX Group, a leader in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure, today announced that TP ICAP, the world’s largest interdealer broker, has gone live with its Fusion Digital Assets wholesale cryptoasset exchange, powered by GMEX trading and post trade technology.

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Blockpass Introduces 1st Unhosted Wallet KYC Solution in the Crypto Sector

HONG KONG, Dec 1, 2022 - (ACN Newswire) - Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023. Unhosted or 'non-custodial' wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or

Komainu Secures MVP Licence from Dubai’s Virtual Assets Regulatory Authority

Dubai, United Arab Emirates, [22  November] 2022 - Komainu (Custodian), a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP licence means that Komainu can offer an approved range of virtual asset related services to institutional investors in Dubai within an internationally benchmarked legislative framework for virtual asset service providers (VASPs) following completion of its readiness requirements. 

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

Digital Assets

If you ask most people in crypto what a digital asset is they usually reply that it covers everything in crypto. For over a year major exchanges and projects have been asking regulators the same question and are repeatedly frustrated by their inability to answer clearly. The reason is that the term ‘digital asset’ is one you’re likely to hear or read about frequently in the coming months. According to well-placed sources within financial journalism, regulators and lobbyists backed by legacy financial institutions are gearing up to label every cryptocurrency

Moonstake Officially Supports The Ethereum Merge

SINGAPORE, Sept 19, 2022 - (ACN Newswire) - Today, Moonstake is thrilled to announce that we will officially support the Ethereum Merge. This event marks the full transition of the Ethereum network to Proof-of-Stake and will finally enable users to stake and earn from their ETH assets. We are proud to be one of the first platforms in the world to officially support the new Proof-of-Stake ETH. The Ethereum Merge will undoubtedly bring about exciting developments for the market as well as many benefits to crypto users. We have an

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai. The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional license to operate under full regulatory supervision alongside Binance, FTX, Crypto.com and Bybit. The holding company, through its portfolio companies AmberX and Celeb X, will offer exclusive membership access to lifestyle and entertainment lounges, and celebrities, via NFT and fan token system. Dubai's seamless integration of cryptocurrency and virtual assets have become increasingly attractive to investors, specifically due

Private Markets Leader Hamilton Lane Partners With ADDX To Offer Tokenized Access To Its Global Private Assets Fund, In Major Foray Into Asia

The Global Private Assets Fund, managed by the U.S.-based private markets firm, is accessible to accredited investors on private market exchange ADDX at a minimum investment size of just US$10,000, compared to US$125,000 for investors subscribing via non-tokenized channels SINGAPORE AND CONSHOHOCKEN, PA, 30 MARCH 2022 – Leading private markets investment firm Hamilton Lane (NASDAQ: HLNE) has partnered with digital securities exchange ADDX to tokenize a class of shares issued by Hamilton Lane Global Private Assets Fund (“GPA” or “the Fund”), to enable access to the private markets for a

Government & Financial Institutions Talk Crypto and Governance

Washington, DC (January 27-28, 2022) International government leaders, finance officers, and NGO administrators come to Washington DC to discuss The Future of Money, Governance, & the Law, strategizing next steps. According to a Chainalysis report in October of 2021, the Global Crypto adoption worldwide increased by over 880% last year. These numbers are not driven by a few crypto whales, but more likely reflect the actions of over one billion people who, without an address or official identity, do not have access to a bank account. Cryptocurrency will allow anyone