Russian lender TCS buys Swiss crypto services firm Aximetria

Russian lender TCS buys Swiss crypto services firm Aximetria

MOSCOW, Jan 12 (Reuters) – Russian lender TCS Group Holding (TCSq.L) has bought Swiss crypto services company Aximetria from venture capital firm Digital Horizon, the companies said on Wednesday, as the bank steps up its international expansion.TCS, which runs Russia’s largest online bank Tinkoff, has seen its customer base surge to more than 18 million, … Read more

Singapore-based TripleA gets MAS licence to provide crypto payment services, Companies & Markets News & Top Stories

Singapore-based TripleA gets MAS licence to provide crypto payment services, Companies & Markets News & Top Stories

SINGAPORE – Cryptocurrency payments provider TripleA has secured a licence from the Monetary Authority of Singapore (MAS) to offer digital payment token services in Singapore.The licence will allow the company to provide end-to-end cryptocurrency payment services for businesses, including crypto payments gateway for e-commerce, crypto payouts and crypto remittances. Please subscribe or log in to … Read more

Commonwealth Bank of Australia now provides crypto trading services

Commonwealth Bank of Australia now provides crypto trading services

Crypto trading in many countries is still in its infancy stages or awaiting regulatory approvals. In the financial sector, most banks had refused to do business with cryptocurrency providers in the past, with only a handful of banks in Europe and the US offering crypto trading services.In China,  the government has ordered a halt to … Read more

Institutional Crypto Platform Bakkt Expands Services Beyond Bitcoin, Adding First Altcoin to Roster

Institutional Crypto Platform Bakkt Expands Services Beyond Bitcoin, Adding First Altcoin to Roster

Digital asset manager Bakkt is expanding its services to support the second-largest crypto asset by market cap. According to a new press release, Bakkt will support Ethereum, the leading smart contract platform. Explains Bakkt CEO Gavin Michael, “At Bakkt, providing flexible opportunities for users to enjoy their digital assets is a top consideration, and adding … Read more

Mastercard CEO cites ‘massive services opportunity’ following acquisition of crypto analytics firm

Mastercard CEO cites 'massive services opportunity' following acquisition of crypto analytics firm

Mastercard bought the crypto analytics firm CipherTrace in September, a purchase the payments giant’s chief executive framed as a “massive services opportunity” during a third-quarter earnings call Thursday. Asked about Mastercard’s strategy around crypto and digital assets, CEO Michael Miebach highlighted several areas, including preparations for central bank digital currencies as well as the purchase … Read more

Mastercard says any bank or merchant on its vast network can soon offer crypto services

Mastercard says any bank or merchant on its vast network can soon offer crypto services

Mastercard credit cardsRoberto Machado Noa/ LightRocket via Getty ImagesThe crypto economy is about to expand.Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned.That includes bitcoin wallets, credit and debit cards that earn rewards in … Read more