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ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem
14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...
Blockchain.com Inks Sponsorship Deal With the NFL’s Dallas Cowboys
14.4.2022
On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency...
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
PolySign to Buy Digital Asset Fund Administrator MG Stover for Cash and Stock
13.4.2022
MG Stover administers over $40 billion in digital assets for institutional clients such as hedge funds, private equity and venture capital funds
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round
13.4.2022
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle...
Philippines' fintech achieves unicorn status after embracing crypto payments
12.4.2022
Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet
Meta Begins Testing ‘Tools’ for Metaverse ‘Digital Asset’ Sales
12.4.2022
Meta, the company formerly known as Facebook, may have turned its back on its once-grand stablecoin plans, but it is far from done with digital forms of money – with its metaverse pivot leading it to create “tools” that will let its users sell “digital assets.”...
Read More: Meta Begins Testing...
IDEG Asset Management Partners With Coinbase Prime to Launch Actively Managed ETH Fund
12.4.2022
The new fund will be part of IDEG’s thematic product suite, "TIMES."
Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance
11.4.2022
Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.
OneDegree says its product is an insurance and technology offering designed specifically for digital asset...
Hong Kong’s OneDegree Inks Deal with Reinsurer Munich Re to Launch Digital Asset Insurance
11.4.2022
Currently, only 1.5% of assets held by global exchanges and custodians are insured
12 Companies Keep Close to $700 Million in Ethereum in Treasuries
10.4.2022
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent...
EU Bans High-Value Crypto Services to Russia in New Round of Sanctions
10.4.2022
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new sanctions prohibit the provision of “high-value” crypto-asset services to Russian entities and residents....
Former Citi Digital Asset Execs Launch Crypto-Focused Fund
9.4.2022
EU bans providing 'high-value crypto-asset services' to Russia
8.4.2022
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal
Celer Network & Flow Enter Partnership to Support NFT & Digital Asset Bridging
8.4.2022
Flow recently entered a partnership with Celer Network, a multichain OS (operating system.) The two recently joined hands to support NFT and digital asset bridging to 20+ chains connected to Celer’s cBridge. The integration will establish seamless multichain interoperability between the platforms....
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
8.4.2022
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
7.4.2022
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
7.4.2022
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
7.4.2022
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member...