AWS and Boerse Stuttgart Digital team up to offer crypto solutions to EU financial institutions - CoinJournal

The partnership was in response to retail customers and corporates seeking ways to enter the crypto market According to Boerse Stuttgart Digital, traditional financial institutions have to make a choice when it comes to crypto: either miss out or join providers who deliver reliability, security, and trust

Boerse Stuttgart Digital is partnering with Amazon Web Services (AWS) to boost its crypto product offerings for EU financial institutions. In a press release, the German-based crypto company, powered by Boerse Stuttgart Digital, said the collaboration was in response to retail customers and corporates who “are increasingly seeking reliable avenues to venture into the crypto market.” According to the company, traditional financial institutions have to make a choice when it comes to crypto: either miss out or join established providers who deliver reliability, security, and trust. Dr Matthias Voelkel, CEO of Boerse Stuttgart Group, said that “trust is paramount in the cryptocurrency and digital assets world,” adding: “Institutional investors are eager to offer their clients access to cryptocurrencies and digital assets without compromising on trust, security and reliability.” Speaking on the partnership, Tanuja Randery, Vice President and Managing Director, Europe, Middle East and Africa (EMEA) at AWS, said they were delighted to be working with “Boerse Stuttgart Group on their mission to make their crypto infrastructure solutions even more scalable.” Building Web3 adoption This is the latest partnership for AWS in what has been a busy year for the company. In March, WAX blockchain teamed up with the cloud computing organization to empower developers with seamless access to blockchain infrastructure through the AWS console. By doing so, the pair are hoping to revolutionize Web3 gaming tools. Following on from that, AWS announced in August it was teaming up with Haven1, a REKT-Resistant Ethereum Virtual Machine (EVM) L1 blockchain. It’s hoped that the partnership between the two will enable broader adoption of Web3 solutions.

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Vice President Kamala Harris continues to embrace crypto with “Opportunity Agenda” speech During her campaign trail, Harris hasn’t said much about crypto Harris said she wants black men “who hold digital assets to benefit from financial innovation”

US Vice President and Democratic presidential nominee Kamala Harris has announced she will support a “regulatory framework for cryptocurrency and other digital assets” as part of her “Opportunity Agenda.” Speaking to a group of black entrepreneurs in Erie, Pennsylvania as part of Harris’ campaign trail, her agenda forms part of a broader speech to boost voter support for Harris among black men. In her agenda, it said Harris wants black men “who hold digital assets to benefit from financial innovation,” adding: “Vice President Harris knows that more than 20% of Black Americans own or have owned cryptocurrency assets, which is why her plans will ensure owners of and investors in digital assets benefit from a regulatory framework so that Black men and others who participate in this market are protected.” This agenda from the Harris presidential team adds to the vice president’s latest comments on crypto, which have become a recurring topic during the 2024 campaign trail. Increased crypto support In September, Kamala Harris made, what are believed to be, her first crypto-positive remarks during a New York fundraiser. During her comments Harris promised that, if elected, she would help grow investment in artificial intelligence and crypto, adding: “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors.” Harris’s comments come as presidential rival Donald Trump is increasing his support of the crypto industry. Earlier in September, Trump – who said he wants to make America the “crypto capital of the planet” – became the first US president to use the Bitcoin network after sending a Bitcoin transaction at PubKey, a crypto-themed bar in New York ahead of his campaign rally in Long Island.

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