Hong Kong Bitcoin ETFs top $250M AUM

A newly unearthed report from South Korea’s financial watchdogs has revealed the rationale behind the country’s 2018 crypto crackdown. A newly unearthed report from South Korea’s financial watchdogs has revealed the rationale behind the country’s 2018 crypto crackdown that played a featured role in ‘Crypto Winter’.Digital Today dug up the “2017 Anti-Money Laundering Annual Report”…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Davidson Kempner Capital Management, Francisco Partners, and Capital Group were among the investors in Digital Currency Group's debut into the debt capital markets. 88 Total views 42 Total shares On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital…

The Ontario Securities Commission says that the Vancouver-based crypto exchange was a fraud. 669 Total views 19 Total shares The Ontario Securities Commission, or OSC, claims that the crypto exchange Quadriga collapsed in 2018 because of fraud committed by its late founder, Gerald Cotten, who passed away on his honeymoon in India.The report released on…

The global residential mortgage market is estimated to be worth $31 trillion. 66 percent of all Americans have a mortgage on their house while in the UK and China it’s as high as 70%. It’s a segment of the financial markets that hits close to home for a large portion of the global population.The average…

The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain. 2428 Total views 61 Total shares A blog post from the European Central Bank (ECB) discusses the importance of resilient payment mechanisms. While the report focuses on legacy systems, it also mentions novel blockchain-based…

The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray.