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Colombian Banks to Work with Exchanges on Year-long Crypto Pilot


Colombian banks are set to form an unlikely alliance, with some of the nation’s biggest crypto exchanges set to work together on a cryptoasset transactions pilot. Per Semana, the pilot will, in most cases see crypto exchanges join forces with a bank to test how financial institutions can use crypto...

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run


Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development....

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