Nasdaq-Listed Crypto Exchange Group Coincheck Buys Regulated Prime Broker Aplo

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Crypto News

Japanese cryptocurrency exchange Coincheck, whose Netherlands-based holding company listed the trading platform on the Nasdaq last year (CNCK), has acquired Aplo, a digital asset prime brokerage firm regulated in France by the Autorité des Marchés Financiers (AMF). The acquisition will help Coincheck, a popular exchange in Japan, expand into Europe, the companies said on Tuesday. […]

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues

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Crypto News

The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks’ crypto ties, instead folding that task back to its day-to-day oversight work. The central bank established its short-lived Novel Activities Supervision Program during the tenure of […]

Conduit, Braza Group Debut Stablecoin FX for Payments in Brazil

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Crypto News

Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil’s Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign currencies using stablecoins. The service allows users to convert Brazilian real to U.S. dollars or euros and settle transactions in minutes with stablecoins —a sharp […]