Bitcoin self-custody comes to the masses with new ‘crypto ring’
Tangem’s hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody.
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SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year
SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed results for the six-month period ended…

Ukraine Completes Pilot Scheme for E-Hryvnia National Digital Currency
Ukraine’s central bank has completed a pilot scheme for its national digital currency, the e-hryvnia, local press agency Interfax Ukraine reported on Feb. 22.The National Bank of Ukraine (NBU), which has been considering the concept for at least a year, began the pilot in December 2018, the head of its payment networks and innovative growth…

A 2016-level massive Bitcoin price volatility spike might be near
For the first time since 2016, the Bollinger Band width of Bitcoin (BTC) dropped below 0.95. The Bollinger Band is a widely utilized technical indicator that evaluates the volatility trend of an asset. It might signify that a huge volatility spike is imminent.The price of Bitcoin has been relatively stable from 2019 to 2020. BTC…

The decoupling manifesto: Mapping the next phase of the crypto journey
A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all of these things. However, as is evidenced by digital assets’ inherent correlation with the Nasdaq 100, most people fail to conceptualize blockchain as anything other than an extension of…

Kazakhstan to reportedly allow banks to process crypto purchases
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally. 700 Total views 31 Total shares The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions.Several banks in Kazakhstan will soon be officially approved to service companies and businesses…

SEC chair wants robust crypto regulatory regime for the US
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings and includes markets like lending and DeFi. 771 Total views 30 Total shares Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), is reportedly keen on bright-line regulations for the country’s crypto space.Gensler expressed the SEC’s desire to install safeguards…

Report: Governance remains highly centralized on many DeFi projects
Top holders control vast amounts of supply. 1903 Total views 24 Total shares A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with…

SEC’s fintech wing leaves the nest, becoming stand-alone office
FinHub will have new independence and responsibilities, reporting directly to the SEC's chairman. 2391 Total views 12 Total shares Per a Dec. 3 announcement, the Securities and Exchange Commission's fintech team will become an independent office.Initially launched in 2018 under the guidance of Bill Hinman, the SEC's Strategic Hub for Innovation and Financial Technology, or FinHub,…