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Central Bank of Portugal Grants Country’s First Crypto License to a Bank. Portuguese-based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to function as a “virtual asset service provider “(VASP), making it the first bank in the country to be given the green light by the regulator. On Thursday, Banco […]
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CrossTower introduced Perpetual Futures Trading in Crypto through its Global Pro Platform. Crypto exchange CrossTower on Thursday (April 14, 2022) announced the launch of perpetual futures trading. This is now available on CrossTower’s Bermuda digital exchange, a declaration from the company said. It further said that perpetual futures trading is offered to qualified clients on […]
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World first’ crypto-backed payment card launched by Nexo and Mastercard. Nexo is partnering with Mastercard and DiPocket to introduce the first crypto card in Europe that permits users to spend without selling their digital assets. The leading regulated institution for digital assets, Nexo officially introduced the Nexo Card, a first-of-its-kind crypto-backed Mastercard card, in select […]
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CoinSwitch disables entirely crypto investment options on the app including bank transfers. Indian Rupee (INR) deposits through UPI and other modes, including bank transfers, have been paused. Cryptocurrency exchange CoinSwitch Kuber has disabled entire modes of payments for purchasing crypto purchases on its platform, including bank transfers. This comes two days after Coinbase had to […]
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Crypto Exchange Coinbase Launches in India Soon Runs Into UPI Trouble Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange uses the UPI system. The Nasdaq-listed […]
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