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Currency.com Joins the Chamber of Digital Commerce to Help Drive Widespread Acceptance of Digital Assets

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The partnership affirms the crypto exchange’s commitment to promote the global adoption of digital assets in line with regulatory standards and oversight

New York, New York–(Newsfile Corp. – January 26, 2022) – Currency.com, the high-growth global crypto exchange, today announced it has joined the Chamber of Digital Commerce, the world’s leading trade association representing the digital asset and blockchain industry.

Through this partnership, Currency.com aims to promote the adoption of digital assets through greater collaboration with key policymakers and regulators to create a supportive and collaborative environment to enable innovation and growth of digital assets globally.

Steve Gregory, CEO of Currency.com US, said:

“At Currency.com, we are committed to ensuring a safe and transparent environment for our clients to buy, store and invest in cryptocurrencies. As cryptocurrencies and digital assets grow more mainstream and become increasingly available to both institutions and the retail community, it is important that we work closely with global regulators to help build trust and acceptance of this burgeoning asset class. We are honoured to be part of the Chamber of Digital Commerce and to do our bit to build a strong and reputable environment for cryptocurrencies.”

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As a member, Currency.com will share best practices and support new and existing regulation of digital assets and cryptocurrencies. Alongside the trade association’s other members, Currency.com will also work to create solutions for challenges facing the digital ecosystem, such as the need to create strong operational, governance and risk practices.

Commenting on Currency.com’s membership, Perianne Boring, Founder & President of the Chamber of Digital Commerce, said: “We are delighted to welcome Currency.com to the Chamber of Digital Commerce and our community of innovators whose efforts highlight the benefits for investors in digital tokens and the blockchain technology. The company’s impressive growth highlights the adoption and demand in the digital asset marketplace, and the Chamber looks forward to Currency.com joining our ranks and engaging with policymakers to develop a regulatory framework that engenders clarity and certainty for the widespread adoption of digital assets.”

In partnership with its member organisations, the Chamber of Digital Commerce aims to educate, advocate, and work closely with policymakers, regulators, and industry to create a more inclusive business environment that will incentivize innovation and investment in blockchain technology.

For more information about Currency.com and the Chamber of Digital Commerce, please visit www.currency.com and www.digitalchamber.org.

About Currency.com

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Currency.com is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. The platform is powered by simple, slick and intuitive technology to empower investors to securely buy, trade and invest in popular cryptocurrencies using both crypto and fiat currencies.

To help investors trade with confidence, the crypto platform is fitted with robust risk management controls, transparent pricing and extensive financial education content.

In 2020, the crypto platform reported a 374 percent growth in its client base, making it one of Europe’s fastest growing cryptocurrency exchanges platforms. Venture Capitalist Viktor Prokopenya was an early investor in the company through his fund VP Capital.

Currency Com US LLC is registered with FinCEN as a Money Services Business. Its parent entity, Currency Com Limited, is authorised by the Gibraltar Financial Services Commission to provide Distributed Ledger Technology services under licence number 25032. Currency.com has offices located in Cyprus, US, Gibraltar, The Netherlands, Ukraine and Singapore.

To find out more, visit www.currency.com.

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About the Chamber of Digital Commerce

The Chamber of Digital Commerce is a world-leading trade association whose mission is to promote the acceptance and use of digital assets and blockchain-based technologies.

The association educates, advocates, and works closely with policymakers and regulators to accelerate blockchain innovation and adoption. It has issued a national action plan for blockchain in the US, while also engaging with law enforcement at a state and federal level to ensure compliance with anti-money-laundering legislation.

The Chamber is also educating and providing solutions for regulatory clarity of digital tokens, as well as issuing tax guidance for digital assets. One of its key policy aims is to promote the use of blockchain in business and to work closely with innovators to expand the growth of blockchain technology.

To find out more, visit www.digitalchamber.org.

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Media contact:
Shamillia Sivathambu
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111504

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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blocks-&-headlines:-today-in-blockchain-(blackrock,-plume,-sealsq,-hedera,-deutsche-bank,-kucoin)

 

Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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