Nomura Holdings, GMO Group form stablecoin research partnership in Japan

The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the development of Web3. At the same time, its securities regulator has begun to actively regulate the crypto space, awarding licenses for retail crypto trading. On June 30, the Hong Kong government announced that…

Only “verified accredited investors” in the United States will be able to add coins to their Earn accounts starting on April 15 while users outside the country will be unaffected. 317 Total views 9 Total shares Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the…

As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus pandemic, China’s central bank is accelerating its central bank digital currency (CBDC) plan.According to a Global Times report on March 24, China is one step closer to issuing its CBDC. The…

Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to researchers, an investor who continuously bought BTC over the past three years would have a 61.8% return.Although the price of Bitcoin fell significantly from $20,000, there were extreme low points…

Bitcoin is becoming an increasingly “institutional asset,” according to NYDIG's CEO. 1710 Total views 9 Total shares New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1.The NYDIG Digital Assets Fund I…

Donald Trump has seen the light when it comes to cryptocurrency. Love him or hate him, that's a good thing for the industry.

Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the organization.Libra’s setback happened amid general regulatory upheaval in the crypto industry: In October alone, United States authorities…

Two businesses in the United States state of Ohio have paid taxes with cryptocurrencies, state Treasurer Robert Sprague said in a forum on Feb. 19. Ohio became the first state to allow businesses to pay taxes with cryptocurrencies like Bitcoin (BTC) in November 2018.During a forum covering policy issues facing the state, Sprague said that…

DAML smart contract language is now used for digital bonds. Singapore Exchange (SGX), a major investment holding company in Singapore, has issued its first digital bond powered by blockchain technology.As officially announced on Sept. 1, SGX deployed its digital asset issuance platform to conduct a 400 million Singapore dollar ($294 million) 5.5-year public bond issuance…