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Bill to ban digital assets as payment introduced in Russian parliament
8.6.2022
The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate
Accenture Sees Strong Demand for Digital Assets Among Asian Investors, but Hesitancy Among Advisory Firms
7.6.2022
There is a strong demand for digital assets among investors in Asia, but wealth management firms remain hesitant to support them, according to a new report from consulting giant Accenture.
The report, titled The Future of Asia Wealth Management, stated that, although a large number of Asian...
Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape
6.6.2022
Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem encompassing a vast variety of digital assets that collectively offer a feature rich experience to its users. With the 9th anniversary celebrations now kicked off, Gate.io...
Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi
2.6.2022
The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will pilot the first project. Project Guardian Launched The Monetary Authority of Singapore...
Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody
2.6.2022
Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,” a Fidelity executive explained....
GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter
1.6.2022
GameStop reported the digital asset sales during its first quarter earnings release Wednesday
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
1.6.2022
South Korea's government is to form a committee specifically to oversee the digital assets market following the collapse of Terra, according to a report by news outlet NewsPim
This Is Why 'the Government' Is Not Going to Ban Digital Assets
1.6.2022
Benjamin Dean, Director, Digital Assets, WisdomTree, an asset management firm and exchange-traded fund (ETF) provider.
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Read More: This Is Why 'the Government' Is Not Going to Ban Digital Assets
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
31.5.2022
The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in early June
Fidelity Digital Assets Plans to Double Headcount This Year: Report
31.5.2022
Fidelity Digital Assets, the subsidiary of the financial services giant, plans to double its headcount this year to meet growing demand for crypto trading from institutional investors, the Wall Street Journal reported on Tuesday
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’
31.5.2022
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that...
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
29.5.2022
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working...
Binance to Advise Kazakhstan on Crypto Regulations
27.5.2022
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate...
JPMorgan trials blockchain for collateral settlement in after-hours trading
27.5.2022
“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice
Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs
25.5.2022
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From...
Consider Digital Assets Instead of Still-Pricey Real Estate, say JPMorgan Strategists
25.5.2022
Nikolaos Panigirtzoglou and team mull the outlook for crypto following the Terra collapse
Associations for Blockchain Technology, Digital Assets Adoption to Merge
25.5.2022
The major industry associations for blockchain technology and adoption of digital assets are to merge creating a single association of nearly 500 institutional members
Cornucopias: A Revolutionary Cardano Blockchain Project That Is Redefining the Gaming Metaverse Industry
25.5.2022
PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space. Cornucopias ‘The Island’...
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...
Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business
24.5.2022
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade...