#service

4:45pm, 5th September, 2023

US-based Genesis Global Trading will eliminate its crypto spot trading service

The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”

Digital euro can ward off a host of private payment service ills: ECB official

4:07pm, 4th September, 2023

Crypto Wiki

Digital euro can ward off a host of private payment service ills: ECB official

Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.

Google updates service policies to comply with EU regulations

9:10am, 28th August, 2023

Crypto Wiki

Google updates service policies to comply with EU regulations

Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital Services Act by Aug. 28.

Mining service provider faces $100M lawsuit over pyramid scheme allegations in China

7:57am, 15th August, 2023

Crypto Wiki

Mining service provider faces $100M lawsuit over pyramid scheme allegations in China

Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants.

FedNow showcases DLT-powered payments system as service provider

7:50am, 14th August, 2023

Crypto Wiki

FedNow showcases DLT-powered payments system as service provider

The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website.

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

11:02am, 2nd August, 2023

Crypto Wiki

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

Space and Time launches zero-knowledge proof tool for its decentralized database platform.

FedNow Service has no relation with CBDCs, Federal Reserve clarifies

4:56am, 20th July, 2023

Crypto Wiki

FedNow Service has no relation with CBDCs, Federal Reserve clarifies

The Federal Reserve certified the FedNow Service as “ready,” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test out the system, before its launch by the end of July 2023.