Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Crypto Corner Episode 429: World Stablecoin Association Launches in Switzerland, Opera (NasdaqGS: $OPRA) Expands Crypto Function to UK, and US Banks Granted Crypto Custody


Point Roberts, WA and Delta, BC - July 24, 2020 ( Newswire), a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market.

Listen to today's Crypto Corner Podcast:

Crypto Corner Episode 429: World Stablecoin Association Launches in Switzerland, Opera (NasdaqGS: $OPRA) Expands Crypto Function to UK, and US Banks Granted Crypto Custody


Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (NasdaqGS:OPRA)

Cointelegraph reports the launch of an international stablecoin organization in Geneva, Switzerland, called the World Stablecoin Association (WSA). The goal of the organization - which "is to be launched by cryptocurrency exchange VirgoX and blockchain capital markets firm Global Digital Assets, or GDA Capital" - is to "unite major global stablecoin projects," "promote the global development of stablecoins, and actively engage in the advocacy for digital currencies." VirgoX CEO Adam Cai said:

"Together, this NPO is collectively pushing the industry forward to serve the needs of global users. To add on that, we do believe the stablecoin market cap is going to explode in the very near future. We have seen stablecoin exceeding 10 billion not long ago. The % growth in the past 2 years is significant. This trend will surely continue."

According to The Block, internet browser Opera (NasdaqGS:OPRA) is expanding its crypto wallet top up service to users in the UK. This is being done through a collaboration with crypto on-ramp provider Ramp Network, which itself "supports fiat transfers from bank accounts as well as digital banking app Revolut." This follows similar expansion into other regions, such as the US, where Opera partnered with US cryptocurrency-brokerage firm Wyre. At the time of the expansion into the US, Charles Hamel, Head of Crypto at Opera browsers, commented:

"Allowing our users to easily load cryptocurrency into their browser's digital wallet is very powerful, as it connects the Web to a global internet-native payment network."

The Office of the Comptroller of the Currency (OCC) - part of the United States Department of the Treasury in charge of chartering and regulating national banks - has granted banks permission to custody cryptocurrency, according to a report from Cointelegraph. An excerpt from a letter on the subject from the OCC outlines the reasoning behind the decision:

"The OCC recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers."

Acting Comptroller of the Currency Brian Brooks, who was formerly part of Coinbase's legal team, said:

"From safe-deposit boxes to virtual vaults, we must ensure banks can meet the financial services needs of their customers today."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About - News that Inspires Big Investing Ideas is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining the AI Eye.

The Crypto Corner is part of the Investor Ideas Membership content

The podcasts are also available on iTunes, Spotify, Tunein, Stitcher,, iHeartRadio and Google Play Music.

Visit the Podcast page at

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Cryptocurrency Disclaimer news content is not meant to be a solicitation to buy or sell cryptocurrencies and does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an content brand

Follow us on Twitter

Follow us on Facebook

Follow us on YouTube

Download our Mobile App for iPhone and Android



Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories