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South Korean financial majors want to create virtual assets exchange in 2023: Report
22.8.2022
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
19.8.2022
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech...
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes
17.8.2022
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial...
Citigroup Furthers Crypto Push With Two Digital-Asset Hires
16.8.2022
Wall Street continues to hire for digital asset roles despite the lingering crypto bear market
Exit stage left — Eqonex to close crypto exchange after two years
15.8.2022
The firm said it would also move its principal business and several people from management from Hong Kong to the United Kingdom
World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients
12.8.2022
The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust...
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
Reinventing yourself in the Metaverse through digital identity
11.8.2022
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider
Interlay launches trustless BTC stablecoin bridge on Polkadot
11.8.2022
InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token
LBank Exchange Will List Drive Crypto (DRIVECRYPTO) on August 9, 2022
9.8.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Aug. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022. For all users of LBank Exchange, the DRIVECRYPTO/USDT trading pair will be officially available for trading at 23:00 (UTC+8)...
UK Parliamentary Group Seeks Views of Crypto Industry Players
6.8.2022
A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence...
PwC Crypto Head Departs to Set Up $75M Digital Asset Fund in Dubai: Report
4.8.2022
Big Four accounting firm PwC's crypto head has left his to set up a $75 million digital asset fund in Dubai, the Financial Times reported Thursday
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
28.7.2022
A financial professor is skeptical about Bitcoin's design but is still very much involved in crypto research and is bullish about the future of digital assets
Komainu Receives Provisional Virtual Assets License in Dubai
27.7.2022
Komainu joins prominent crypto companies including exchanges FTX and Binance in securing a license to operate in the emirate
Japanese Bank SMBC to Foray Into NFT and Web3 Markets
27.7.2022
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers...
CFTC poaches Pantera Capital's legal counsel, citing digital asset experience
27.7.2022
Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisors
LBank Exchange Will List Cryptostone (CPS) on July 25, 2022
24.7.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptostone (CPS) on July 25, 2022. For all users of LBank Exchange, the CPS/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on July 25, 2022....
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy
21.7.2022
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register...
Grayscale: Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement
21.7.2022
Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the all-time high, which means we may see another 5-6 months of downward or sideways price movement,”...
Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator
20.7.2022
Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory...