The traditional financial industry is saddled with multiple pain points, and I predict that within 15 years, many financial and payment systems will be replaced by a wholesale shift to digital assets. Businesses want to achieve their goals by trading faster, conducting payments faster, cutting expenses, and doing it in a simpler and more secure way.

Regulations are often a welcome signal toward market maturation, acceptance, and assurance for new technologies and financial practices. The European Commission’s “Markets in Crypto Assets Regulation” (MiCA) is no exception. A significant piece of legislation, MiCA has been heralded by some as the end of the “crypto wild west”, bringing crypto-assets, crypto-asset issuers, and crypto-asset service providers under a regulatory framework for the first time.

Fireblocks has launched support for Yellow Card, Africa’s leading stablecoin on/off ramp, to improve cross-border transactions for both businesses and individuals. By integrating the Fireblocks digital asset infrastructure, Yellow Card seeks to remove obstacles for global corporate treasury in accessing African markets by offering secure and effective on-chain solutions.

Today, we are excited to announce our enhanced Browser Extension, providing seamless connectivity to dApps on over 30 EVM blockchains – with the security of Fireblocks MPC-CMP, Governance and Policy Engine, and DeFi threat detection capabilities. The new Browser Extension leverages components from Rabby Wallet open source, enabling customers to enjoy Fireblocks security with the intuitive Rabby interface and expansive dApp connectivity.

At Fireblocks, it’s always been our highest priority to provide the fastest and most diverse range of blockchain support. With a growing list of over 75 supported blockchains, we’re committed to empowering customers to securely custody tokens on the latest chains, and quickly build innovative services for their customers.

Threats to digital asset security are constantly evolving. That’s why having a robust disaster recovery (DR) plan is a necessity for institutions in this space. Ensuring business continuity and safeguarding against potential disruptions is paramount when it comes to maintaining trust, integrity, and the seamless operation of services. Counterparty risk continues to be a primary concern for institutional digital asset investors.

In any retail-facing crypto business, the withdrawal process is one of the most critical and active functions. Users rely on it to move their funds swiftly and securely, whether they’re making a purchase, sending money to a friend, or transferring assets to another account. When users deposit money into your crypto application, they expect to access and withdraw their funds easily whenever they need them.