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Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
11.5.2022
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion....
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia
11.5.2022
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials...
New York digital media company the latest to add Bitcoin to balance sheet
11.5.2022
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter
The FCA Is Holding Its First CryptoSprint: Here’s What the Digital Asset Community Wants From It
10.5.2022
The FCA is holding a two day CryptoSprint where it will hear the crypto community's ideas on how it should regulate the sector
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
9.5.2022
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy
Bitcoin's rocky road to becoming a risk-off asset: analysts investigate
6.5.2022
Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022?
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
6.5.2022
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,”...
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset 'pain trade'
5.5.2022
What could rile investors more than a capitulation in stocks and crypto is sideways trading "for a long time."
Dubai Virtual Assets Regulator Establishes HQ in the Metaverse
5.5.2022
The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s...
Binance Approved as a Digital Asset Service Provider in France
5.5.2022
Binance has received registration for operating in France as a Digital Asset Service Provider. It has been granted by Autorité des marchés financiers with approval from the Autorité de Contrôle Prudentiel et de Résolution to give a go-ahead to Binance France to conduct its business in the region....
France’s financial authority approves Binance's registration as digital asset service provider
4.5.2022
Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.”
From within: Dubai's virtual asset regulator plans to open HQ in metaverse
4.5.2022
The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai
Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore
4.5.2022
An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point where there...
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
3.5.2022
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use certain payment vehicles due to the sanctions...
Millennium Hires Former Bitstamp Exec Merghart to Lead Digital Asset Strategy
3.5.2022
Hedge fund Millennium Management has hired former Bitstamp executive Hunter Merghart to lead its growing digital asset strategy
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week
3.5.2022
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFTs by Asset Management Firm Vaneck, a global asset...
Ledn Taps Hoseki for Bitcoin Proof-of-Asset Service Ahead of Mortgage Launch
2.5.2022
Hoseki aims to provide a framework for bitcoin holders looking to leverage their BTC
Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange
2.5.2022
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of this year. The ETF will have a structure which is similar to that of BLOK, one of Amplify Holdings’s ETF products. Samsung Asset...
Binance Blocks Accounts Linked to Relatives of Senior Russian Officials
30.4.2022
Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto...