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Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework
4.1.2021
Stellar XLM’s development arm will work with the Ukrainian government on several digital asset initiatives
Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later
3.1.2021
The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of its initial haul of 38,250 coins grow to over $1.3 billion from the $425 million spent. Market Capitalization By Almost...
BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin
2.1.2021
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces...
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Serbia Legalizes Digital Assets Trading and Issuance
30.12.2020
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...
Traditional banks offer digital asset custody amid compliance legislation
22.12.2020
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets
No Need to Convince Shareholders – Microstrategy’s Investors Already Sold on Bitcoin, Says Analyst
16.12.2020
Investment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According to Frost, Microstrategy did not have much convincing to...
SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk
16.12.2020
Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset...
Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings
13.12.2020
Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. Similarly...
Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results
13.12.2020
As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet...
Aegis Custody Clears Hurdle in Bid for South Dakota Trust Charter
11.12.2020
Aegis Custody wants to build a tokenized bridge between U.S. investors and trade finance opportunities in Asia
Record $15 Billion Worth of Cryptos Under Management After Institutional Investors Pump $429 Million in One Week
8.12.2020
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest...
Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
8.12.2020
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear...
Japanese SBI and Swiss SIX plan joint crypto venture in Singapore
8.12.2020
The new platform aims to establish an institutional corridor between Europe and Asia
German Bank to Launch Bitcoin Investment Fund in January
8.12.2020
German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...
Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head
5.12.2020
Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’...
US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices
3.12.2020
S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially...
‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
3.12.2020
“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner