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Blockchain.com Teams With Altis Partners on Asset Management Platform
6.4.2022
Blockchain.com launches asset management for institutional investors
6.4.2022
The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals
Ardor’s v.2.4.0e Testnet Update Incorporates New Features in the Decentralized Asset Exchange
6.4.2022
Blockchain-as-a-service (BaaS) platform Ardor has launched the v.2.4.0e upgrade for its existing Ardor 2.0 testnet version. To roll out this upgrade, the Ardor team completed the testnet hard fork for block 9800000 on March 20, 2022. According to the official unveiling on Twitter, the v.2.4.0e...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
6.4.2022
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply...
Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US
5.4.2022
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was...
Abra Targets High-Net-Worth Clients With New Asset Management Division
5.4.2022
The newly formed Abra Capital Management will require a minimum investment of $250,000
Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
5.4.2022
In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
The latest development extends the country’s regulations on anti-money laundering and countering...
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency
2.4.2022
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed...
LBank Exchange Will List Lilly Finance (LY) on April 2, 2022
1.4.2022
PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
1.4.2022
The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
31.3.2022
Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
‘The cryptocurrency world will help in this war’: Kuna CLO breaks down Ukraine’s digital asset law
31.3.2022
According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue
The Growing Digital Asset Lifeline in Ukraine
31.3.2022
Crypto donations have been a major source of support for Ukraine’s defense and humanitarian efforts. Meanwhile, Russian citizens may also embrace crypto more as their economy and currency craters due to international sanctions
Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot
30.3.2022
On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and...
One Week After Launch, ApeCoin Is Now a Yield-Bearing Asset As Nexo Adds 'Full-Fledged APE Wallet'
29.3.2022
Holders of ApeCoin (APE), the newly launched governance and utility token of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) ecosystem, can now for the first time earn a yield.
Yield for ApeCoin holders will be made available through the crypto lending and borrowing platform Nexo...
Institutional crypto funds see largest capital inflows for 3 months
29.3.2022
The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...