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Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component


Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital...

Australian Regulator Seeks Advice on Crypto-Related Assets


The Australian Securities and Investments Commission (ASIC) recently opened a consultation for establishing methods and best practices for regulating crypto assets. The consultation paper seeks guidance on which crypto-assets should qualify as underlying assets, and how to make this determination....

Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining


Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...

Indians Hold $40 Billion in Cryptocurrency, Report Suggests


Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory...

Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG


On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...

Deutsche Börse Group, TP ICAP Make Crypto Bets With New Plans, Investments


Two major players in the traditional finance world just announced their new crypto moves. First, major UK-based interdealer broker TP ICAP has partnered with US-based mutual fund giant Fidelity Investments and Zodia Custody to launch a crypto trading platform, according to Reuters. Meanwhile...

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