Hong Kong to align crypto OTC derivative rules with European standards

Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters. 2149 Total views 17 Total shares Acting Comptroller of the Currency Brian Brooks — soon to be confirmed in the role full time — has revealed another way for U.S. crypto custody providers to receive a charter…

Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found. 1483 Total views 12 Total shares Technology researcher Kevin Rooke has been tracking the Bitcoin (BTC) holdings of public companies throughout the past two years. According to Rooke, public firms now hold over $3.6 billion worth of BTC.In 2019, public…

Ether (ETH) price is up 60% since May 3, outperforming leading cryptocurrency Bitcoin (BTC) by 32% over that span. However, evidence suggests the current $1,600 support lacks strength as network use and smart contract deposit metrics weakened. Moreover, ETH derivatives show increasing sell pressure from margin traders.The positive price move was primarily driven by growing…

The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions. 2781 Total views 15 Total shares The Financial Action Task Force says it is set to publish an update to its guidelines on cryptocurrencies and virtual asset service providers; a catch-all term including exchanges, wallet providers, and…

Recently, the Ethereum network reached a new staking milestone. On Aug. 17, the Ethereum 2.0 staking contract became the single largest holder of Ether (ETH), surpassing Wrapped Ether (WETH). According to data from Etherscan, the Eth2 deposit contract now holds over 7.14 million Ether tokens, valued at $23 billion at the time of writing.This accounts…

The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.

The Bitcoin-on-Ethereum project gets a major institutional breakthrough via Fireblocks. 604 Total views 4 Total shares In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp for institutional investors. “We’re excited to announce a strategic partnership between Fireblocks and BadgerDAO to…

Being one flight away from both Dubai and London, Istanbul is the “financial capital” of Turkey and a popular destination for events and organizations. Its convenient location also helps organizers customize their events to align with the specific needs of Eastern or Western cultures — which felt like the case at Istanbul Blockchain Week 2023.IBW…

Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021. 1625 Total views 42 Total shares Bitcoin (BTC) hit a fresh psychological landmark on Jan. 2 as the new year kicked off to a flying start for hodlers.BTC/USD weekly candle chart (Coinbase). Source: TradingviewBTC price wastes no time…