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India Seizes Assets in $162M Morris Coin Cryptocurrency Investment Scheme
13.1.2022
Indian Enforcement Directorate has seized assets worth approximately $5 million in connection with an alleged cryptocurrency scam involving Morris coin that has duped investors out of $162 million. The crime proceeds were used to buy cryptocurrencies. India Authorities Seize Assets in Alleged...
Financial Guru Dave Ramsey Says Crypto Is ‘Fun,’ Here to Stay, Can Be Part of Portfolios
13.1.2022
Financial guru Dave Ramsey says crypto is “fun” and can be a small part of investment portfolios. “It’s a commodity. Is it going to be around? Sure, it’s going to be around,” Ramsey said. Dave Ramsey Now Considers Cryptocurrency a Commodity That Is Here...
How DeFi Can Help Narrow Wealth Gap
13.1.2022
Hisham Khan, CEO of Aldrin, a Solana-powered crypto exchange._____
In 2021, we saw crypto become more accessible to those who truly need it. In 2022, we could finally see the wealth gap start to narrow.
While a significant portion fueling the adoption of crypto has been hype and speculation...
Crypto Tops Investor Threats for US Securities Regulators
11.1.2022
U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes...
Axis Bank issues financial contract on state-backed blockchain platform
11.1.2022
India’s Ministry of Commerce & Industry developed the SLDE platform for transferring documents using blockchain-based security protocols
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year
7.1.2022
The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency. 3 Countries Will...
Tribal Credit raises $40M in 'hybrid' debt round funded by dollars and stablecoins
6.1.2022
The company is pushing new use cases for blockchain payments through its partnerships with Bitso and Stellar Development Foundation
During April BTC Peak, 61% of Surveyed Financial Institutions Said Crypto Access 'Extremely' Important
6.1.2022
In the first half of last year, a robust 61% share of surveyed financial institutions considered access to cryptocurrencies “very” or “extremely” important to their corporate customers. This made crypto access the most cited financial services after payment acceptance, according to a survey...
Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot
6.1.2022
ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime...
Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions
5.1.2022
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional...
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
5.1.2022
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon...
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading
4.1.2022
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing...
Kickstarting the Bitcoin Network: A Look at the Genesis Block and Source Code That Sparked a Financial Revolution
3.1.2022
13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting...
What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 3
3.1.2022
Here’s what blockchain industry insiders foresee in the development of the blockchain and crypto space in the new year of 2022
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection
2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...
What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 2
2.1.2022
Here’s what industry insiders foresee in the development of the blockchain and crypto space in 2022
Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits
2.1.2022
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability...
Sberbank Launches First Blockchain ETF in Russia
2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...
What’s ahead for crypto and blockchain in 2022? Experts answer, Part 1
1.1.2022
Here’s what industry insiders foresee in the development of the blockchain and crypto space in 2022