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A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. The news comes while Switzerland is debating over how to keep crypto businesses in the country when the majority of Swiss banks refuse to provide … Read more
129-year-old asset management firm Northern Trust Corp. is looking to start a custody service for digital assets such as cryptocurrencies Go to Source Powered by WPeMatico
Institutional financial traders are about to receive access to new data feeds on fifty cryptocurrencies supplied by Cryptocompare. These will be added to Eikon, Thomson Reuters’ flagship financial information platform which was launched back in 2010. Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Increasing Demand for Crypto Coverage … Read more
Once blockchain is in place, is there any room left for another Great Recession? Go to Source Powered by WPeMatico
Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera … Read more
According to a new study, about 3 million British investors have put money into crypto through online trading platforms and only 5 percent of them have been advised by professionals. The survey also found that 2.5 million Brits have casually invested in cryptocurrency without fully understanding it. Also read: Crowd Psychology Driving BTC Prices, Finance … Read more
Major cryptocurrency investment firm, Pantera Capital, has reported a lifetime return of more than 10,000% on its fund. The company has announced the impressive return in celebration of its five-year anniversary. Also Read: Markets Update: Crypto-Prices See Some Recovery After the Dip Pantera Reports Fund has Generated 10,000% Return Over 5 Years It has been reported … Read more
Crypto’s go-to messenger app Telegram launches encrypted ID verification tool, Telegram Passport Go to Source Powered by WPeMatico
In a recent interview, Daumantas Dvilinskas, the founder and chief executive officer of Transfergo, a U.K.-based remittance firm that processes 1 million transactions each year on average, discussed the company’s decision to launch a cryptocurrency trading facility. Also Read: Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates Transfergo Launches Cryptocurrency Trading … Read more