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Nalezeno "institutions": 1358

Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions

19.2.2021
U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin. Janet Yellen Claims It’s Important to Make...

Nigeria Crypto Ban: Bitcoin Sells for $76K as Deposits on Centralized Exchanges Plummet

18.2.2021
According to a website that tracks the price of bitcoin across the globe, the crypto asset’s selling price in Nigeria as of February 18 stood at $ 76,000. At this price, the crypto asset is selling for $20,000 more than the approximately $52,000 that most cryptocurrency exchanges...

Blockchain Bites: Bitcoin Volatility Hasn’t Shaken Out Institutions

16.2.2021
Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon

Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions

16.2.2021
A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system, took effect on February 5, 2020....

Institutions Not Worried About Bitcoin Drop Below $40K, Options Data Shows

15.2.2021
Lack of hedging demand for long-term put options shows institutions remain unconcerned by Monday's price drop

Bitcoin goes mainstream as institutions hold 3% of BTC’s circulating supply

14.2.2021
The growing appetite of institutional investors means companies now hold more than 460,000 BTC, which is 3% of the total supply in circulation

UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks

10.2.2021
A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions. The panel also investigated North Korea’s involvement in the $281 million hack of a crypto exchange. UN Expert...

ETH represented 80% of last week's institutional crypto inflows

9.2.2021
Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows

Wall Street Shifts Focus from Blockchain Infrastructure to Crypto Assets

8.2.2021
Enterprise blockchain technology has been underwhelming but financial institutions are investing heavily in digital assets, a new analysis shows

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...

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

6.2.2021
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands...

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...

Bitcoin Back Above $40K as Institutions Lead the Way

6.2.2021
BTC is back within striking distance of its all-time high set early last month

Late on crypto? Institutions still at early stage of Bitcoin adoption

3.2.2021
Institutional investors are rushing to acquire and add Bitcoin to their portfolio — but is it too late?

Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest

3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....