Binance received in-principle approval from Abu Dhabi Global Market (ADGM) to operate as a broker-dealer in digital assets, Bloomberg reported on Sunday. The world’s biggest cryptocurrency exchange by...
Tag: Asset
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course ...
Celer Network & Flow Enter Partnership to Support NFT & Digital Asset Bridging
Flow recently entered a partnership with Celer Network, a multichain OS (operating system.) The two recently joined hands to support NFT and digital asset bridging to 20+ chains connected to Celer’s c...
Terra (LUNA) Acquiring $100,000,000 of Top Ethereum Competitor After Selecting Bitcoin As Primary Reserve Asset
Public blockchain Terra (LUNA) is buying $100 million worth of Avalanche (AVAX) tokens to boost its Terra USD (UST) stablecoin reserves. Terra says that the agreement between Luna Foundation Guard (LF...
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversi...
Bitcoin Is Robinhood’s Top Recurring ‘Buy’ Asset, Ethereum And Dogecoin Also Make The Top 10
Robinhood logo displayed on a phone screen is seen in this illustration photo taken in Krakow, Poland on June 29, 2021 (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Get...
Blockchain.com Launches New Asset Management Service BCAM
Cryptocurrency exchange Blockchain.com launched Wednesday a new asset management brand called BCAM, aiming at institutional investors, family offices, and high net worth individuals. BCAM was created ...
Exberry Launches Nebula, The First Cloud-Native Exchange Platform to Support any Asset
[PRESS RELEASE – Please Read Disclaimer] Nebula by Exberry is a unique turnkey solution that provides its clients & partners a full exchange and marketplace solution; A to Z. The core components o...
Crypto Lender Nexo Unveils Digital Asset Prime Brokerage Unit
Dubbed Nexo Prime, the proprietary prime brokerage platform will focus on catering to institutional, corporate, and high-net-worth investors. It aims to provide them with all the tools necessary to tr...
BlockchainCom Launches Asset Management Service for Institutional Investors, HNIs, Family Offices
BlockchainCom launched an asset management service, BCAM, on Wednesday. The new business arm has been created in partnership with Altis Partners, an investment management company with a focus on futur...
Taro, Issue & Send Any Asset Through Bitcoin’s Lightning Network. Do We Need It?
The Taro protocol is the first big announcement to come out of the Bitcoin 2022 conference. With “bitcoinizing the dollar” as its target and Lightning Labs behind it, the news blew up in Bitcoin-Twitt...
Ardor’s Testnet Incorporates Features In Decentralized Asset Exchange
Blockchain-as-a-service (BaaS) platform Ardor has launched the v.2.4.0e upgrade for its existing Ardor 2.0 testnet version. To roll out this upgrade, the Ardor team completed the testnet hard fork for...
Blockchain.com launches asset management for institutional investors
Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers. According to Bloomberg, the service is known as BC...
FTX US Announces Its Investment In IEX To Establish Digital Asset Securities
FTX, the popular cryptocurrency exchange, is still heavily investing in traditional finance, with the FTX US, its United States-based affiliate, investing in a U.S. national stock exchange, Investors ...
What Is ETH? Defining Ethereum’s Scarce Asset
Key Takeaways While the Ethereum network is known for the crucial role it plays in the cryptocurrency ecosystem, ETH the asset is harder to define. ETH has previously been described as a “triple...
Singapore Tightens Regulatory Oversight On Virtual Asset Services Providers
Singapore Parliament has passed the Financial Services and Markets Bill on Tuesday, requiring virtual asset services providers, which do business overseas, to be licensed. The Monetary Authority of Si...
UK Government Lays Out Plans to Become ‘Crypto Asset Technology Hub’
Today, the United Kingdom announced plans to become a “global crypto asset technology hub.” “It’s my ambition to make the UK a global hub for crypto asset technology, and the measures we’ve outlined ...
AMF Promotes Jessica Reyes to Director of the Asset Management Regulation Division
Autorité des Marchés Financiers (AMF), the French financial market supervisor, announced on Monday that it appointed Jessica Reyes as its new Director of the Asset Management Regulation Regulation L...
U.K. Sees Positive Outlook on Industry as It Seeks to Become ‘Global Hub for Crypto Asset Technology’
The U.K. government has made a series of announcements to turn the country into a ‘global cryptoasset technology hub.’ Stablecoins, NFTs and crypto businesses The government moved to recognize stablec...
Bitcoin could hit $4.8M when made a global reserve asset: VanEck
The investing business placed a very high value on bitcoin and gold in the unlikely event that one of them becomes the world’s reserve currency. Bitcoin (BTC) has double the upside of gold, according ...
What Happens If Bitcoin Becomes The World’s Reserve Asset?
The idea of bitcoin as a reserve asset for nations around the world has been floating for years now. While some feel that this is the inevitable end game for bitcoin, it is still left to know what imp...
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s a big “if” ...
Crypto asset manager Hashdex goes live with web3 ETF
Crypto asset manager Hashdex launched a Web3 exchange-traded fund (ETF) Thursday on Brazil’s B3 stock exchange, highlighting its growing portfolio of crypto-related products. The ETF, known as WEB311,...
Brazilian Asset Manager Hashdex Appoints Laurent Kssis as Managing Director
Hashdex, a fintech investment management firm based in Brazil, announced Tuesday the appointment of Laurent Kssis as Managing Director and Head of Europe. In the new role, Mr. Kssis is expected to acc...
Ardor 2.4 Brings Decentralized Asset Exchange Features To NFTs
Ardor, a multichain blockchain platform, recently took a significant move in its quest to keep up with the NFT race. As previously reported, Ardor announced two critical updates to the decentralized A...
Malaysia Goes Back And Forth With Crypto As Regulator Claims Country Has No Plans To Accept The Asset As Legal Tender ⋆ ZyCrypto
Advertisement     Malaysia’s deputy finance minister has stated that the country will not be accepting cryptocurrencies as legal tender in the future. The Minister wen...
NY AG probe suggests Trump business misstated asset values for years
Former U.S. President Donald Trump speaks during a rally at the Iowa States Fairgrounds in Des Moines, Iowa, October 9, 2021. Rachel Mummey | Reuters The New York Attorney General’s Office has &...
Ardor V2.4 Introduces New Innovative Features to the Decentralized Asset Exchange – crypto.news
Ardor, the decentralized blockchain platform developed by Jelurida recently announced the next iteration of its innovative platform called Ardor V2.4 with a wide array of new features. Ardor V2.4 Goes...
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider – Coinotizia
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 20...
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider – Taxes Bitcoin News
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 20...