IMF intends to 'ramp up' digital currency monitoring
The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions. The International Monetary Fund, or IMF, plans to “step up” its monitoring of digital currencies, according to a report by Reuters. This intent, as published in an IMF paper Thursday, details how the fund plans to “manage this far-reaching and complex transition” toward a digitized economy.“Rapid technological innovation is ushering in a new era of public and private digital money,” the report reads, highlighting the benefits of digital assets. “Payments will become....
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Cabital, a leading digital assets institution, announced that one of the fastest-growing cryptocurrency exchanges Bybit has integrated with Cabital’s comprehensive fiat on-ramp solution. Cabital’s flexible, secure, and fast fiat-to-crypto on- and off-ramp solution allows Bybit users to buy crypto at some of the most competitive rates in the industry without leaving Bybit’s platform. Related Reading | Small […]
Cabital, a leading digital assets institution, has announced the launch of Cabital Connect, a secure fiat on-ramp and off-ramp gateway for cryptocurrency exchanges that require a simple and easy solution for their users to buy leading cryptocurrencies. Cabital Connect is a business solution for cryptocurrency platforms that allow users to use fiat currencies to buy […]
Last August, Ramp became one of only eight crypto firms to secure approval from U.K.'s Financial Conduct Authority. On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC hadreceived its registration as a Money Service Business with the Department of Treasury's Financial Crimes Enforcement Network. The regulatory greenlight enables Ramp to do business in 38 states across the U.S. Besides the development, Ramp also has regulatory clearance with the U.K.'s Financial Conduct Authority and Poland's Financial Supervision Authority.Ramp allows....
PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp.
DeFi Kingdoms has been wildly popular, generating more than $1.6 billion in transactions in January 2022 alone. Today’s Ramp announcement comes as DeFi Kingdoms implements its cross-chain expansion to Avalanche.
Originally built on the Harmony blockchain platform, DeFi....
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve its app further and keep hiring talent. Ramp Raises $70 Million in Series B Funding Round Ramp, a company that specializes in providing fiat to crypto and crypto to fiat flows for different Web3 applications, announced it had raised $70 million in its latest funding round on Nov. 9. The funding....