Jacobi initially gained approval for the fund in October 2021, intending to launch it in 2022. Nonetheless, the company chose to postpone its launch due to unfavorable conditions in other segments of the digital asset market.
Authorities aim for a universally accessible digital payment system, catering to 'everyone, everywhere, for free.'
Coinbase has partnered with Bitpanda Technology Solutions, an infrastructure layer provider specializing in business-to-business solutions, to establish direct connections with banks and fintech companies.
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