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SBI Holdings invests in Singapore crypto exchange Coinhako
15.12.2021
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding
SEBA Bank launches regulated gold token to enable digital ownership of physical gold
15.12.2021
"Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence," says SEBA Bank CEO Guido Buehler
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
15.12.2021
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...
Bank of England Deputy Governor Warns Crypto Prices Could Fall to Zero
15.12.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that the price of cryptocurrencies, including bitcoin, could fall to zero. Noting that the crypto industry is “growing very fast,” he stressed: “We really need to roll our sleeves...
Investment Adviser Bernstein Sees Crypto as a ‘Monster’ Bubble — Warns Markets Could Drop 90%
15.12.2021
The CEO of investment management firm Richard Bernstein Advisors warns that cryptocurrencies are the biggest financial bubble in history. He advises investors to stay away from “bubble assets,” which include cryptocurrencies. Investment Adviser Sees Cryptos as the Biggest Financial...
Cove Markets to join Robinhood Crypto in latest acquisition
14.12.2021
"We started Cove Markets three years ago to help crypto investors get the most out of their trading experience," said Scott Knudsen, CEO and Co-Founder of Cove Markets
Ubisoft Devs Don’t Understand Company’s NFT Push, Either
14.12.2021
Last week Ubisoft revealed its new NFT tech platform, called Quartz, and it didn’t go well. The announcement that Tom Clancy’s Ghost Recon Breakpoint would be the first game to implement cryptocurrency-backed items was downvoted on YouTube over 40,000 times. Now it turns out even many developers...
Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’
14.12.2021
While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even...
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
14.12.2021
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known...
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
14.12.2021
Cyprus’s finance ministry stressed the need to accelerate its capacity building for the crypto industry
German savings banks want to enable Bitcoin for 50M clients: Report
14.12.2021
According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts
Dogecoin is better than Bitcoin for payments, Elon Musk declares
14.12.2021
Elon Musk continued promoting DOGE in a Time Magazine interview after being named Time’s 2021 Person of the Year
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That Role’
14.12.2021
A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance...
Law Decoded: A different Congress hearing, Dec. 6–13
14.12.2021
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn
Look out below! Analysts eye $40K Bitcoin price after today’s dip to $45.7K
13.12.2021
BTC price slumped to an intraday low at $45,672 and analysts say a classic technical analysis pattern and on-chain data point toward a strong flush down to $40,000
SEC chair's regulatory agenda fails to include clarity on crypto, says Hester Peirce
13.12.2021
"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor interest,” said two SEC commissioners
Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting
13.12.2021
BTC, altcoins and stocks sharply sold-off as pressure builds ahead of this week’s FOMC meeting and the possibility that the Fed will taper its easy-money policies
Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate
13.12.2021
Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the central bank has done enough to make the CBDC (central bank digital currency) an attractive option to use. E-Naira Still Unattractive to Users Some Nigerian...
Bank of Russia to ban mutual funds from investing in Bitcoin
13.12.2021
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors
Robinhood partners with Chainalysis ahead of crypto wallet launch
13.12.2021
The trading app will adopt Chainalysis' monitoring compliance solution Know-Your-Transaction as well as the Chainalysis Reactor, its investigations software