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Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC


The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter...

Europeans Warn ECB Not To Mess With Privacy in Digital Euro


Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency that involves Big Brother-like monitoring of their transactions by central bankers. These were the findings...

Regulatory Green Light for Hong Kong’s First Bitcoin ETF – Report


Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. The Very Smart Financial Group (VSFG) and its Arrano Capital blockchain arm have reportedly won regulatory approval to launch Hong Kong’s first Bitcoin exchange-traded fund (ETF). Per a report from JRJ, access to the offering...

Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge


The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphone technology. Per Tencent’s media arm, the hard wallet, which resembles a conventional credit card but for...

Digital Asset Manager Arca Raises $10M


Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund

ECB President Attacks Bitcoin Again As Digital Euro In Works


Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency. “(Bitcoin) is a highly speculative asset, which has conducted some...

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