EU seeks stakeholder opinion on adding crypto to 12T euro investment market
If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.
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German Regulator Flags Crypto Broker for Operating Without License
German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11.The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed to expose clients to the price movements of cryptocurrencies.Operating without licenseThe regulator found that the company…

Swiss Mortgage Bank Hypi Lenzburg Partners With Crypto Asset Manager TokenSuisse
Swiss mortgage bank Hypothekarbank (“Hypi”) Lenzburg has partnered with Swiss crypto asset manager TokenSuisse to expand the bank’s service offerings for crypto and blockchain firms. The development was announced on the bank’s official Twitter on March 25.Hypi Lenzburg is headed by CEO Marianne Wildi, reportedly a former programmer, who first launched the bank’s lending services…

Oil giant ConocoPhilips reduces gas flaring emissions via Bitcoin mining
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions. 57 Total views 4 Total shares International oil and gas giant ConocoPhilips is dipping its toes into Bitcoin (BTC) mining as a way to eliminate the wasteful practice of flaring.According to a report from CNBC, the…

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus
Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term. 585 Total views 24 Total shares American cryptocurrency exchange Coinbase aims to grow revenue from subscriptions in the long term to combat potential profit margin compression.The firm’s founder and…

Bitcoin tests traders’ nerves as analyst reissues $400K BTC price forecast
Bullish long-term Bitcoin price predictions contrast with the current status quo as buy-in targets drop to $47,000. 2750 Total views 53 Total shares Bitcoin (BTC) was on repeat on Dec. 2 as markets watched another attack on $60,000 end in defeat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Nothing has changed”Data from Cointelegraph Markets Pro and TradingView…

A Partner at Binance Labs Expresses Optimism Over Facebook’s Entry Into Crypto With Libra
Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, with such tremendous reach and distribution, into all different countries around the world – having them…

India CBDC pilot may commence in December, says RBI governor
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe. 143 Total views 2 Total shares The Reserve Bank of India could commence preliminary central bank digital currency (CBDC) trials before the end of the year.Speaking to CNBC on Thursday, RBI governor…