Search
Coinbase CEO Highlights Crypto’s Impact on Economic Freedom — Calls Crypto ‘the Future of Money’
22.12.2023
Coinbase CEO Brian Armstrong has highlighted that crypto isn’t just here to say but it’s the future of money. Emphasizing that cryptocurrency “gives people economic freedom, ensuring access to their own money and fair participation in the economy ungated by powerful legacy...
Coinbase Reveals ‘Project Diamond’ Initiative, Targets Institutions Issuing Native Digital Assets
15.12.2023
Coinbase, the largest U.S.-based crypto exchange, has revealed Project Diamond, an initiative that seeks to provide the tools for institutions to issue native digital assets. The project, which integrates several technologies, including Coinbase’s layer 2 product Base, the USDC stablecoin...
Former Credit Suisse Executive Launches Crypto Trading Platform for Financial Institutions
14.12.2023
Source: Pixabay A new Zurich-based startup Rulematch is creating a customized crypto trading experience for banks and securities firms. The trading venue is launched by a former Credit Suisse executive David Riegelnig. Rulematch has commenced Bitcoin (BTC) and Ether (ETH) spot trading against...
Turkish Banking Titans Move into Crypto Space, Anticipating Upcoming Legislation
14.12.2023
Source: iStock / Muratani As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space. Despite uncertainties about the potential strictness of the impending laws, institutional adoption...
Coinbase to offer spot crypto trading for non-US institutions
14.12.2023
Coinbase International Exchange is in expansion mode, and in the same spree, it has introduced spot crypto trading on its international exchange for non-US institutional clients. It is primarily for fulfilling their user base’s individualistic requirements internationally and exposing them...
Report: South African Financial Institutions Will Soon Offer Services Related to Cryptocurrencies
13.12.2023
About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno executive, this may be an indication that...
Coinbase, Conio, Partner to Provide Crypto Services to Italian Banks
11.12.2023
Source: AdobeStock / gguy Cryptocurrency wallet firm Conio, partly owned by Poste Italiane and Banca Generali, has partnered with Coinbase to give Italian banks and financial institutions access to digital assets. Conio said it has added Coinbase Prime as a liquidity provider and the agreement...
Ethereum-based Tokenization Attracts Traditional Finance Giants
5.12.2023
As institutions regain interest in both Bitcoin (BTC) and Ethereum (ETH) as investment assets, they’re also exploring how the blockchain can redefine how finance is done using traditional assets. French financial giant Societe Generale (GLE), aka SocGen, announced on Monday that it completed a...
Institutional Traders Split Between Bitcoin and Ether, Skeptical of Altcoins: Bybit Research
4.12.2023
Source: nuttapon / Adobe Stock A recent report from Bybit Research reveals insights into the sentiment and asset allocation of institutional traders in the cryptocurrency market during the first three quarters of 2023. The Bybit Research report delves into the asset allocation strategies...
Skybridge Capital Founder Scaramucci Predicts Massive Capital Inflow From Wall Street Into Spot Bitcoin ETFs
3.12.2023
Skybridge Capital founder Anthony Scaramucci has predicted a substantial influx of capital from Wall Street into spot bitcoin exchange-traded funds (ETFs) once they are approved by the U.S. Securities and Exchange Commission (SEC). He highlighted the unleashing of salesforces from major...
Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...
Blockchain Experts Meet With Colombian President to Discuss Technology’s Use Cases
1.12.2023
Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state. Colombian President Gustavo Petro Discusses...
Grayscale Report Sheds Light on Bitcoin’s Broad Ownership and ‘Sticky Supply’ Dynamics
1.12.2023
A new report from Grayscale Investments reveals that bitcoin ownership is more widely distributed than commonly believed, with 74% of addresses holding less than $350 worth. However, around 40% of bitcoin supply is concentrated among institutions like exchanges, miners, governments, public...
‘Cantillon Effect’ Can Be Countered by Having ‘Bitcoin Only’ Companies Present at the Negotiating Table — Swan Bitcoin MD
27.11.2023
The crypto industry can stop the so-called Cantillon Effect from occurring by establishing large enough “Bitcoin only” companies that will sit on the negotiating table with the U.S. Federal Reserve and major financial institutions, Swan Bitcoin’s Terrance Yang has said. According...
Singapore Proposes Rules to Tighten Crypto Speculation in Retail Markets – Here’s the Latest
23.11.2023
Source: Pixabay / Sasin Tipchai The Monetary Authority of Singapore (MAS) has proposed revised guidelines to curb the growing rate of digital asset speculation in retail markets. In a recent publication, the Central Bank released amended regulations for digital payment token providers and related...
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance
23.11.2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools...
Chainalysis and KPMG Unveil Joint Initiative to Tackle Crypto Fraud In Canada
22.11.2023
Source: Pixabay Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud. As part of the collaboration, KPMG will join Chainalysis’ “Solution Provider” program. The program provides “rigorous monitoring, support...
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged...
Canadian Regulators Call for Feedback on Crypto Reporting Guidelines
20.11.2023
Canadian regulators launched a consultation today asking for feedback in regards to public disclosure of crypto assets from federally regulated financial institutions (FRFIs). Digital innovation internationally “Digital innovation is transforming how we transact, manage money, and view value...