June 2021 – Page 127

Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’

One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.” This statement came as the bank scrutinizes crypto transactions in customer accounts. HDFC Bank Predicts Legal Acess to Crypto […]

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UK Starling bank to resume crypto exchange deposits in late June

Starling blocked crypto exchange deposits last week, citing “high levels of suspected financial crime with payments to some cryptocurrency exchanges.”

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Bitcoin price bull run ‘starting to look like 2013’ after record red monthly candle

Long-term price forecasts based on stock-to-flow remain “intact,” says creator PlanB after last month’s record red candle.

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Bitcoin’s rising popularity will lead to more regulation, says Riksbank

Riksbank Governor Stefan Ingves says there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline.

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Bank account flows for South Korean crypto exchanges surge 40% since 2020

Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter.

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Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop

Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term.

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Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange

DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive. DBS’ First Security Token Offering DBS announced Monday its first security token offering (STO) […]

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Bitcoin and Ethereum fees slump to six-month low

Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively.

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Miami crypto conference predicts attendance exceeding 50,000

Miami is expanding as a crypto hub by hosting this year’s Bitcoin 2021 event.

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Cryptocurrency Related Scams Flood Tribunals in Spain

Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin and ethereum based platforms, and the people using these to scam other […]

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