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Crypto and Traditional Finance To Merge Via M&As
17.4.2021
As Coinbase has already gone public, and eToro, Kraken are also planning to list their shares, we can also expect to see an increase in acquisition activity in the coming months.
While it’s expected that mergers and acquisitions are set to increase this year, what isn’t so clear is who will...
NFTs 'ten times better' than traditional art, says Beeple's $69M NFT buyer
3.4.2021
Winner of landmark auction breaks down his investment thesis on NFTs
With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to the IRS
1.4.2021
The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes...
Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin Investments
31.3.2021
Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional...
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
10.3.2021
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. Bank Will Also Explore Further...
Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use
9.3.2021
The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances...
Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs
9.3.2021
Blockchain operations are increasingly embracing more traditional financing from big-name venture funds to leverage these strategic stakeholders’ benefits instead of crowdfunding avenues popularized during the last blockchain hype wave. Funding Roundup: Concordium, StakeWise, and Automata...
Decentralized esports tournament series looks to bring traditional gamers to crypto
8.3.2021
Polyient Games co-founder Craig Russo referred to the partnership as "a major step towards bringing mainstream adoption" to the crypto industry
YIELD App Launches Ethereum Fund, Gives Users up to 20% APY
8.3.2021
PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public...
Is Bitcoin About to Break Into Traditional Financial Models?
2.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Despite a pronounced dip in value at the beginning of 2021, Bitcoin has continued to enjoy a stellar few weeks of late.
Firstly, the market leading crypto token reached a new high of $48,635 last month...
Cointelegraph Consulting: Research outlines how DeFi can merge with traditional finance
23.2.2021
New research finds that regulated financial institutions can interface with decentralized finance via digital asset marketplaces
The Business of Art and How NFTs Will Change It, With Nanne Dekking
19.2.2021
With big brands like Christie’s auction house and the National Basketball Association getting involved and some tokens already selling for six-figure sums, the question isn't if NFTs will force a very old industry to adopt some very new practices, it's when
The Man Behind Wallex and EURST
17.2.2021
Simone Mazzuca is innovative in his style of management. Being the founder of Wallex and creator of the EURST, he is agile and motivated with a strong orientation to bridge traditional finance with the new digital world. He focuses his energies on management and advisory robustness that leads...
7 Traditional Investors Who Said Bah Humbug to Bitcoin
11.2.2021
While there is no shortage of investors who have given bitcoin (BTC) their seal of approval, there is a possibly even longer list of financial Svengalis who would happily dance on the cryptoasset’s grave.
Check out this list of just a few of the investment top guns who just love to nay-say about...
How Traditional Exchanges Are Boosting Crypto Adoption
10.2.2021
With ETPs, indices and derivatives, exchanges have started meeting demand for regulated crypto products, explains Kaiko's head of research
Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC
8.2.2021
The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion...
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
6.2.2021
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that...
Merging traditional finance and DeFi is critical for mass adoption
4.2.2021
If we want to achieve mainstream adoption, we must move toward an industry where DeFi can also serve legacy financial institutions
A Reddit Army Blurs The Line Between Crypto and Traditional Finance
1.2.2021
Philip Gradwell is Chief Economist at Chainalysis. He provides data and insight on the uses of cryptocurrencies and the direction of the market at markets.chainalysis.com.
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What does the phenomenon of retail traders coordinating on the internet to turn finance on its head have to do with...
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
31.1.2021
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.”...