Meta trademark anticipates for cryptocurrency payments platform

Meta, social media giant Facebook’s parent company, is hinting to launch a payments platform with support for crypto. As per records, Meta filed 5 applications for its namesake to be utilized in a platform named Meta Pay. The filings included Meta’s name for use in an ‘online social networking service for investors enabling financial exchange…

Russia introduces plan to regulate cryptos

The Russian government has accepted a system for laws regulating cryptos. A said goal of the new policy is to integrate digital tokens into Russia’s financial system while guaranteeing the rights of private investors and preventing digital assets from being used to finance crime. On Tuesday, Moscow’s official press service said in a statement that…

Crypto Bill unlikely to be introduced in Budget Session of the Parliament

The Centre may not table the much-awaited crypto regulation bill in the upcoming budget session of the Parliament, many new firms have reported currently. According to the reports, this is because there is a need to have more discussions on it and the government intends to build consensus over the provisions of the upcoming Bill….

Floyd Mayweather Jr, Kim Kardashian charged over EthereumMax crypto scam

Many celebrities including boxer Floyd Mayweather Jr, Kim Kardashian, ex NBA All-Star Paul Pierce are being charged over their roles in a so-called crypto scam. As per the class action compliant from the Central District of California, the firm EthereumMax including co-founders and others along with these celebs are being accused of making confusing statements…

Digital token identifiers intend to set the benchmark for crypto

Come September, crypto tokens like Ethereum, Bitcoin and others will be taking one of their biggest moves towards legitimacy. A new digital registry is being developed that will add distinctive identifiers to these digital tokens. DTIs (Digital token identifiers) are being launched to monitor the movement of cryptos according to the International Organization for Standardization…

To come, Stablecoin on Cloud for Banks by Tech Mahindra, Quantoz

Tech Mahindra has joined hands with Netherlands-based blockchain application incubator Quantoz to introduce a ‘stablecoin-as-a-service’ blockchain solution for financial institutions and global banks. This collaboration will bring in military-grade security, enable less transaction processing cost and drive faster settlements. Tech Mahindra will aid customers coordinate with Quantoz’ NEXUS platform into their legacy infrastructure. This will…