Crypto.com acquires SEC-registered broker to expand equities offerings

Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds and money market funds. The lack…

The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency. 1621 Total views 21 Total shares The president of the Central Reserve Bank of Peru Julio Velarde announced that his country will be entering the global…

Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled.Coinbase accused of insider trading BCH listingIn a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that Coinbase committed…

Filecoin revs up test net, hosting a competition prior to its mainnet unveiling. 486 Total views 13 Total shares Blockchain-based decentralized data storage solution Filecoin unveiled its testnet recently, complete with a competition. In an act of network experimentation, Filecoin's test network will host a three week mining contest worldwide, with 4 million of the project's…

The Horizons Inverse Bitcoin ETF (BITI) aims to allow investors to take advantage of Bitcoin price volatility, says executive. 6196 Total views 28 Total shares Bitcoin (BTC) investors in Canada have two more outlets for BTC exposure this week — and can now even bet on a price crash.In a press release on April 14, Horizons…

Avalanche (AVAX) rose to a new price high on Nov. 18 and posted weekly gains after its developer, Ava Labs, entered a partnership with "Big Four" accountant firm Deloitte.The AVAX price reached a little over $110 after rising circa 16% week-to-date (WTD), with its circulated market cap hitting $23.76 billion, almost 0.93% of the total…

"The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets," says the FSOC. 727 Total views 20 Total shares In an annual report published on Friday, the United States Financial Stability Oversight Council, or FSOC, voiced its concern over the adoption of stablecoins and other…

Blockchain-based solution may help to contain the growing cases of COVID-19 across the UAE. 1732 Total views 36 Total shares UAE-based startup incubator, in5, is helping to design blockchain-based methods to contain the COVID-19 pandemic in the country and thus flatten the curve.According to a report published on May 20, Liber Health, supported by in5,…