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
Cryptocurrencies
Auto Added by WPeMatico
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital assets. New Legislation to Regulate Turkey’s Crypto Market Following in the footsteps … Read more
Crypto.com deploys its Ethereum Virtual Machine chain testnet
Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. Go to Source Powered by WPeMatico
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments. Poll Confirms Strong Institutional Interest in Digital Assets Despite the uncertain regulatory … Read more
Mastercard’s latest partnership to help banks distribute crypto cards
The partnership is aimed towards simplifying cryptocurrency-to-fiat conversions within Mastercard’s existing payment network Go to Source Powered by WPeMatico
Stock-to-flow model possibly invalidated as Bitcoin price loses $30K
Plan B’s stock-to-flow model is the closest it’s ever been to being invalidated as Bitcoin stagnates in the $30,000 range. Go to Source Powered by WPeMatico
Osprey Funds CEO says US will approve Bitcoin ETF in 2022 ‘at earliest’
Greg King, CEO of Bitcoin trust issuer Osprey Funds, thinks the U.S. SEC has too many things on its plate this year to get to the issue of crypto ETF approvals. Go to Source Powered by WPeMatico
Former BitGo employee will help deploy Andreessen Horowitz’s $2.2B crypto fund
Arianna Simpson has been a general partner at the venture capital firm for more than a year as a16z led several high-profile raises for crypto and blockchain companies. Go to Source Powered by WPeMatico
Robinhood warns a crypto drop is coming amid IPO filing
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. Go to Source Powered by WPeMatico
Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance
The legal draft places a minimum capital requirement for crypto businesses operating in Turkey. Go to Source Powered by WPeMatico