Today in the connected economy, Chinese eCommerce giant Pinduoduo opens Temu, its U.S. online shopping site. Also, Google tests alternative payment methods in new countries, and cryptocurrency financial institution Sygnum gets ready to open a branch in the metaverse. Chinese eCommerce Firm Pinduoduo Launches US Offshoot...
Today in Europe, the Middle East and Africa (EMEA) news, a European Union lawmaker reveals that the text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks. Plus, an open banking partnership between kevin and Monet+ sets an...
Cryptocurrency financial institution Sygnum plans to open a “metaverse hub” in Decentraland, a Web3 virtual world built on the Ethereum blockchain. In a Thursday (Sept. 1) press release announcing the move, the Swiss bank and digital asset specialist included stills and a video tour of...
Cryptocurrency company Sygnum is planning to apply for a banking license in Singapore. The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management...
July 23, 2024
Following the collapse of two crypto-friendly American banks, European lenders are reportedly filling that space. As Bloomberg News reported Tuesday (July 23), two Swiss banks — Amina Bank and Sygnum Bank — have recently launched real-time payment and settlement networks, targeting a gap left by the closure of Silvergate Exchange Network (SEN) and Signature Bank’s […]
September 02, 2022
Cryptocurrency financial institution Sygnum plans to open a “metaverse hub” in Decentraland, a Web3 virtual world built on the Ethereum blockchain. In a Thursday (Sept. 1) press release announcing the...
August 29, 2019
Cryptocurrency company Sygnum is planning to apply for a banking license in Singapore. The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned...
August 26, 2019
The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The firms will be the...
