The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions. Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider. In an announcement from Diginex today, the firm said the Financial […]
India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. RBI Asking Banks to Cut Ties With Customers Dealing With Cryptocurrencies The Indian […]
Tesla Shares Have Dropped Abruptly While Microstrategy Acquired Additional Bitcoins!
The post Tesla Shares Have Dropped Abruptly While Microstrategy Acquired Additional Bitcoins! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Despite the fact that Elon musk mentioned crypto and explained what Dogecoin was on Weekend Update, the price of the coin plummeted during the show and has remained lower than it […]
Bloomberg’s McGlone Says Bitcoin Remains a Buy despite Tesla’s Comment over Environmental Concerns
Coinspeaker Bloomberg’s McGlone Says Bitcoin Remains a Buy despite Tesla’s Comment over Environmental Concerns Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone, said Bitcoin remains a “Buy” despite Tesla‘s (NASDAQ: TSLA) comment on the digital coin over environmental issues. McGlone said Musk’s comment that Bitcoin may be bad for the environment is not a relevant […]
MSTR Stock Down 10%, MicroStrategy Buys 271 More Bitcoin at $55,387 Bringing Its Total Coins to 91,850 BTC
Coinspeaker MSTR Stock Down 10%, MicroStrategy Buys 271 More Bitcoin at $55,387 Bringing Its Total Coins to 91,850 BTC Michael Saylor, the Chairman & CEO of MicroStrategy Inc (NASDAQ: MSTR), yesterday announced the company purchased 271 Bitcoin (BTC) units at an average price of $55,387. As a result, the company has amassed 91,850 units of […]
Will Cuban government buy crypto?
Cuba has already created its own central bank-backed cryptocurrency. On top of this, high level government meetings are taking place where cryptocurrencies are been evaluated as to their feasibility for future economic inclusion. A recent article in Periódico Cubano discussed how the Cuban president Miguel Diaz-Canel was favourable towards cryptocurrencies, and wanted to see feasibility studies carried out as to […]
‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
Trader sentiment is verging on “extreme fear,” the Index shows amid echoes of the climate after the March 2020 cross-asset crash. Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market. According to the Crypto Fear & Greed Index, […]
Singapore’s biggest bank launches crypto trust solution
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in […]
Turkish customs confiscate over 500 smuggled Bitcoin mining rigs
Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment in the country. After receiving a […]
Binance Reportedly Faces Investigations from Top US Federal Agencies
The IRS and the DOJ are reportedly probing Binance over tax and money laundering offences. (Read More)