{"id":26812,"date":"2023-06-24T01:49:20","date_gmt":"2023-06-24T05:49:20","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/jpmorgan-deploys-jpm-coin-for-euro-denominated-payments-casa-rolls-out-support-for-ethereum-storage-us-sec-grants-blockfi-temporary-relief-from-settling-a-30m-penalty-gemini-staking-pro-expands-to\/"},"modified":"2023-06-24T01:49:22","modified_gmt":"2023-06-24T05:49:22","slug":"jpmorgan-deploys-jpm-coin-for-euro-denominated-payments-casa-rolls-out-support-for-ethereum-storage-us-sec-grants-blockfi-temporary-relief-from-settling-a-30m-penalty-gemini-staking-pro-expands-to","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=26812","title":{"rendered":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK"},"content":{"rendered":"<div>\n<p><i>Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.<\/i><br \/>__________<\/p>\n<h2 style=\"text-align:justify;\">Banking news<\/h2>\n<ul>\n<li style=\"text-align:justify;\"><strong>JPMorgan<\/strong> expanded its blockchain-based payment system, JPM Coin, to include euro-denominated transactions for corporate clients, Bloomberg reported. JPM Coin, which the bank launched in 2019, went live with euro transactions on Wednesday, said Basak Toprak, JPMorgan\u2019s head of Coin Systems for Europe, the Middle East, and Africa. Germany\u2019s <strong>Siemens AG<\/strong> conducted the first euro payment on the platform.\u00a0<\/li>\n<\/ul>\n<h2 style=\"text-align:justify;\">Investment news<\/h2>\n<ul>\n<li style=\"text-align:justify;\">Cryptocurrency self-custody platform <strong>Casa<\/strong> rolled out support for ethereum (ETH) storage. According to the blog post, &#8220;Casa is the first and only place to manage both BTC and ETH multi-key vaults in one simple app, so you don\u2019t have to split up your self-custodied assets between multiple providers.&#8221; Casa vaults are designed with the principles behind multisig, while for ETH, the process is performed through smart contracts, it added.\u00a0<\/li>\n<li style=\"text-align:justify;\">Crypto custody firm <strong>Prime Trust<\/strong> has &#8220;a shortfall in customer funds&#8221; and was unable to meet all withdrawal requests this month, the USA&#8217;s <strong>Nevada Department of Business and Industry<\/strong> said. The authority ordered Prime Trust to cease all activities in violation of Nevada regulation, stating that the company is &#8220;operating at a substantial deficit&#8221; or may already be insolvent; that on or about June 21, it was unable to honor customer withdrawals due to a shortfall of customer funds caused by a significant liability on the firm&#8217;s balance sheet owed to customers; that it failed to safeguard assets under its custody and is unable to meet all customer withdrawals.<\/li>\n<li style=\"text-align:justify;\">Blockchain technology company <strong>Metatime<\/strong> announced that it successfully secured a total investment of $25 million to date for its blockchain ecosystem. It developed a portfolio of over 70 products, created its own blockchain network called <strong>MetaChain<\/strong>, and is preparing to list its ecosystem token, <strong>Metatime Coin<\/strong> (MTC), on major cryptocurrency exchanges from June 2023, said the press release. Metatime aims to integrate blockchain solutions into various sectors such as energy, tourism, insurance, CRM, advertising, cybersecurity, and virtual reality. It plans to launch these solutions on Mainnet, after testing on Testnet, it added.<\/li>\n<\/ul>\n<h2 style=\"text-align:justify;\">Legal news<\/h2>\n<ul>\n<li style=\"text-align:justify;\">Bankrupt crypto lender <strong>BlockFi<\/strong> was granted temporary relief from settling a penalty of more than $30 million to the <strong>US Securities and Exchange Commission<\/strong> (SEC), according to a Thursday court filing. The lender&#8217;s outstanding balance with the regulator totals nearly $30.3 million, but it doesn\u2019t have to be repaid until BlockFi\u2019s debtors are reimbursed, in order &#8220;to maximize the amount that may be distributed to investors and avoid delay in such distribution,&#8221; said the Commission.\u00a0<\/li>\n<\/ul>\n<h2 style=\"text-align:justify;\">Exchange news<\/h2>\n<ul>\n<li style=\"text-align:justify;\"><strong>Gemini<\/strong> announced the expansion of <strong>Gemini Staking Pro<\/strong> in the United Kingdom. Users in the UK with a minimum of ETH 32 can now launch dedicated validators on <strong>Ethereum<\/strong>, the exchange said. Gemini Staking Pro is already live in the United States, Singapore, Hong Kong, Australia, Brazil, and more than 30 other countries, it added.<\/li>\n<li style=\"text-align:justify;\"><strong>Crypto.com<\/strong> obtained its Virtual Asset Service Provider (VASP) registration from the <strong>Bank of Spain<\/strong>. The exchange can now offer a suite of its products and services to users in <strong>Spain<\/strong>, said the announcement.\u00a0<\/li>\n<li style=\"text-align:justify;\"><strong>BingX<\/strong> announced its further expansion into the Middle East and Northern Africa (MENA) markets. Per the press release, the MENA region has seen &#8220;a significant surge in interest and adoption of cryptocurrencies, with a growing number of individuals and businesses seeking reliable and secure platforms to trade digital assets. BingX recognizes the immense potential in this market and aims to meet the evolving needs of crypto enthusiasts in MENA.&#8221;<\/li>\n<\/ul><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/today-in-crypto-jpmorgan-deploys-jpm-coin-for-euro-denominated-payments-casa-rolls-out-support-for-ethereum-storage-us-sec-grants-blockfi-temporary-relief-from-settling-a-30m-penalty-gemini-staking-pro-expands-to-the-uk.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.__________ Banking news JPMorgan expanded its blockchain-based payment system, JPM Coin, to include euro-denominated transactions for corporate clients, Bloomberg reported. JPM Coin, which the bank launched in 2019, went live with euro transactions on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-26812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=26812\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=26812\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-24T05:49:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-24T05:49:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/adobestock-dragos-asaftei-1___media_library_original_1200_800.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=26812#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=26812\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK\",\"datePublished\":\"2023-06-24T05:49:20+00:00\",\"dateModified\":\"2023-06-24T05:49:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=26812\"},\"wordCount\":627,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=26812#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=26812\",\"url\":\"https:\/\/ifintechworld.com\/?p=26812\",\"name\":\"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-24T05:49:20+00:00\",\"dateModified\":\"2023-06-24T05:49:22+00:00\",\"description\":\"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=26812#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=26812\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=26812#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld","description":"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=26812","og_locale":"en_US","og_type":"article","og_title":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld","og_description":"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto","og_url":"https:\/\/ifintechworld.com\/?p=26812","og_site_name":"iFintechWorld","article_published_time":"2023-06-24T05:49:20+00:00","article_modified_time":"2023-06-24T05:49:22+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/adobestock-dragos-asaftei-1___media_library_original_1200_800.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=26812#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=26812"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK","datePublished":"2023-06-24T05:49:20+00:00","dateModified":"2023-06-24T05:49:22+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=26812"},"wordCount":627,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=26812#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=26812","url":"https:\/\/ifintechworld.com\/?p=26812","name":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-24T05:49:20+00:00","dateModified":"2023-06-24T05:49:22+00:00","description":"Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=26812#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=26812"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=26812#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/26812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26812"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/26812\/revisions"}],"predecessor-version":[{"id":26814,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/26812\/revisions\/26814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/26813"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}