Cryptocurrencies – DIGIT INFO

Senator asks FDIC about allegations it discourages bank relations with crypto companies

Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto links.

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European Central Bank addresses guidance on licensing of digital assets

Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.

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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months

“For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition,” says CEO Charles Émond.

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3 strategies investors might use to trade the upcoming Ethereum Merge

Investors have been crafting their strategies for navigating the volatility which could arise as the Ethereum Merge takes place. Here’s a few to consider.

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Study: Insider trading occurs in 10% to 25% of cryptocurrency listings

The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase.

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Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees

The Merge will still reduce the network’s energy consumption by an estimated 99.5%.

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Indian police launch probe into BitConnect founder wanted by US SEC

The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.

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Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France

Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel […]

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NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites

The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital Currency Wallet of the Houston Texans,’ NFL Team Accepts Crypto Assets for Single Game […]

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Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan

Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central Asian nation which only recently took steps to regulate […]

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