The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses would […]
According to a Bloomberg report, the ultra-rich clients of Goldman Sachs are interested in cryptocurrency. An Ever-growing Interest The news agency quoted a recent survey from the American financial giant, which shows that almost half of the family offices interviewed are keen to add crypto to their investments. Family offices specialize in managing the wealth […]
The European Commission looks to block large, anonymous transfers of cryptocurrency in an effort to limit money laundering activity. The European Commission has submitted a new proposal that would require crypto-asset service providers to collect additional Anti-Money Laundering information from those who utilize cryptocurrency for money transfers. The stated purpose of this proposal is to […]
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC, Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC, Dmitry Krasnogor – Managing Director TRES OTC DMCC, Antony Katin – CEO SIMBA Storage, and Alexey Liakhovnenko – CEO TRES Group GmbH Back in 2020, at the Davos Summit, the […]
Woori Bank, the South Korean financial institution, enters the DACS (cryptocurrency custody services) market. The Woori Financial Group will start offering its client cryptocurrency custody services. It is among the largest South Korean financial institutions. Related Reading | Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform The banking unit of […]
Press Release: Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients. 7th July 2021, Edinburgh, Scotland – Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers. Paybis users will now be able to purchase […]
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According to a recent report, the stock exchange in the Philippines is targeting to be the forerunner of cryptocurrency trading in the country. Once the SEC and financial regulators give their go-ahead guidelines, the stock exchange plans to kick-start the plan. It seems that the Philippine Stock Exchange has been waiting for this approval and […]
With a new boom in cryptocurrencies and decentralized finance, investors and digital currency holders are seeing lots of opportunities to grow the value of their digital assets. One of these is the idea of staking a cryptocurrency or using a decentralized yield farming approach to gain interest on digital currencies. While these two processes tend […]
Fears are growing that the recent cryptocurrency downtrend could actually be a full-scale crypto bear market. Knowing exactly what is happening is crucial to making the right investment decisions, though no single person can categorically predict the future with precise accuracy. To help you get a feel of market sentiment right now, we have compiled […]
Financial Conduct Authority (FCA) has confirmed an increase in the number of cryptocurrency holders in UK, arising from an increase in public interest and media coverage. Based on the findings from its recently conducted research, the FCA discovered a growing involvement of financial services players in the digital currency ecosystem, as well as increased interest […]
Insurance firms have increased their interest in crypto investments in recent months.
State Street is the latest among Wall Street heavyweights to join in the digital assets bandwagon. State Street Establishes Digital Finance Offshoot Despite the cryptocurrency market cooling-off in recent weeks, the number of institutional investors joining the emerging industry continues to increase. The latest in the fray is State Street which has launched a new […]
Published by NJ.com Dogecoin went live on Coinbase Pro on Thursday, and to celebrate the listing, the popular cryptocurrency platform announced it is hosting a giveaway. Coinbase is giving away $1.2 million worth of Dogecoin. To be eligible, you have to “opt in” and buy or sell $100 worth of the meme-inspired cryptocurrency by June […]
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Published by New York Daily News NEW YORK — As the cryptocurrency market spikes, plummets, rinses and repeats, the Nets are preparing to throw their hat — or wallet — in the ring. Nets CEO John Abbamondi says BSE Global, the team’s parent company, is expecting to make announcements “in the coming weeks or months” […]
Meme-based cryptocurrency Dogecoin (DOGE) is having an impressive second quarter after the token surged by more than 700% within the past month. However, the token is now ahead of Bitcoin when it comes to historical return on investment. This means those who would be invested in Dogecoin from the onset would have gained more than […]
Catch the latest episode of the Around The Block with Jeff and Dave, live from BTC Manager, world headquarters. Hosted by Jefferson Nunn with special guest, Bobby Lee – former CEO of BTCC and current CEO of Ballet. In this episode, Jefferson and Bobby provides a deeper analysis of the current Bitcoin situation and what […]
A Turkish court has jailed suspects connected to the Thodex cryptocurrency exchange as its regulatory actions around bitcoin intensify. According to a recent report from Reuters, a Turkish court has jailed six suspects as part of its investigation into local cryptocurrency exchange Thodex. The group of suspects, who are reportedly being held pending trial, include […]
Coinbase has announced the acquisition of cryptocurrency market analytics firm skew, with hopes of adding features for institutional traders. Cryptocurrency exchange Coinbase has acquired skew, a U.K-based data analytics firm for cryptocurrency markets, allowing the exchange to provide real-time data analytics to the institutions and traders who leverage its platform Per a Coinbase announcement today, […]
Published by NJ.com At least one New Jersey law enforcement agency now has cryptocurrency in the bank. On Monday, the Monmouth County Prosecutor’s Office said it is the first law enforcement agency in New Jersey to complete the forfeiture and liquidation of cryptocurrency assets, which were seized during an illegal narcotics distribution bust out of […]
Several characteristics reinforce Bitcoin’s dominance and superiority over all other cryptocurrencies. In contrast to the thousands of different cryptocurrencies that have emerged since the 2017 Initial Coin Offering boom, Bitcoin remains the best choice for any investor looking to enter the space. Why is Bitcoin superior to all other cryptocurrencies? To find the answer, one […]