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 … [Read more...] about Ramp expands presence in US with FinCEN regulation
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Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report
The growing number of banks offering crypto trading and custody for clients requires global rules to protect the financial system, according to Sarah Breeden, the BOE’s executive director for financial stability strategy and risk, the newspaper said. Source link … [Read more...] about Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report
Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps
On Wednesday, crypto-fiat gateway payments provider Ramp announced it had raised a $52.7 million Series A funding round led by Balderton Capital, NFX, Galaxy Digital, Seedcamp, Firstminute Capital, and angel investors. Ramp allows its partner brands to offer crypto-enabled services, claiming that it takes mere hours for developers to integrate their decentralized applications, … [Read more...] about Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps
IMF intends to ‘ramp up’ digital currency monitoring
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 … [Read more...] about IMF intends to ‘ramp up’ digital currency monitoring