Cryptocurrency is a new financial instrument whose main rival is traditional fiat currencies. Given the growing demand for digital assets, many countries have begun to create legal norms for virtual coins. We suggest that you take a look at the regulatory frameworks that have already been established…
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Swiss-based Sygnum Bank announced that it is launching regulated banking services for leading decentralized finance (DeFi) tokens, Aave, Aragon, Curve, Maker, Synthetix, Uniswap, and 1inch Network. Sygnum’s expansion of banking services could mark the first phase of bridging the gap between institutional systems and decentralized finance systems. …
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With the rise to prominence of cryptocurrency as an asset class, a survey conducted by Intertrust has resulted in a forecast that hedge funds worldwide will dedicate 7% of their portfolio to cryptocurrencies within the next five years.   The result of the survey was discussed in an article written by the…
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MicroStrategy, which holds more than 92,000 bitcoin, laid the groundwork for a potential $1 billion stock sale in order to buy more BTC.
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Swiss Sygnum launches storage and trading of DeFi tokens? The Swiss company Sygnum, which manages digital assets, has launched services for the storage and trading of tokens for DeFi projects. Among them: Aave, Curve, Uniswap, and others. According to the bank's representatives in the official Twitter account,…
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Robert Kiyosaki, author of the best-selling “Rich Dad Poor Dad” series, says the collapse in the crypto markets is a prime buying opportunity. In a new Stansberry Research interview, Kiyosaki highlights that the key to getting wealthy is to buy when markets go through a significant sell-off.…
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SC Ventures, the innovation and venture unit of British banking giant Standard Chartered, has partnered with BC Group, a parent company of regulated Hong Kong-based crypto exchange OSL. OSL will further enable SC Ventures to launch an institutional crypto brokerage for U.K. and European clients.
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El Salvador has become the world’s first country to adopt bitcoin as a legal tender. It’s just one of the signs of how far blockchain technology has come over the last decade.
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According to the Basel Committee on Banking Supervision, cryptocurrencies should have some of the strictest capital requirements, due to their risks. The post Basel Banking Committee Sets High Standards for Crypto appeared first on BeInCrypto.
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Bank of Indonesia bank has turned its focus to studying the benefits of a digital currency, as well as the knock-on effect on payment systems and the wider monetary system. , while addressing issues around the readiness of the financial infrastructure currently in place. [...] Read More...…
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