Kraken CCO will join crypto exchange Bitstamp to run US operations
“We doubled our U.S. team in 2021 and expect to triple the team by 2022,” said Robert Zagotta. Go to Source Powered by WPeMatico
DIGIT
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. Go to Source Powered by WPeMatico
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. Go to Source Powered by WPeMatico
EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover, “anonymous crypto asset wallets will be prohibited.” New EU Rules Ban Anonymous Crypto Transactions and Wallets The European Commission presented a set of … Read more
Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance
The project said it would be paying roughly 6,000 farmers for crops adversely affected by climate change before the end of the season. Go to Source Powered by WPeMatico
Bitcoin rebounds to $31.6K but warnings of another BTC price plunge are everywhere
Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say. Go to Source Powered by WPeMatico
BNY Mellon joins State Street to service new crypto exchange
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space. Go to Source Powered by WPeMatico
ASX sounds crypto exchange custody warning, calls for better regulations
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. Go to Source Powered by WPeMatico
Many JPMorgan clients see Bitcoin as asset class, says senior exec
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said. Go to Source Powered by WPeMatico
