Taurus launches Solana-based custody and tokenization platform for banks
Deutsche Bank-backed Taurus launched a Solana-based custody and tokenization platform that allows banks to issue and manage digital assets.
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SEC on ‘Unfounded Fishing Expedition’ — Telegram Lawyers Tell Judge
Lawyers representing encrypted messaging app Telegram have requested a United States court throw out regulator demands for its bank accounts.In a letter to Judge P. Kevin Castel at the Daniel Patrick Moynihan United States Courthouse in New York on Jan. 3, Skadden, Arps, Slate, Meagher & Flom LLP described the request from the Securities and…
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Key Metrics Show Institutional Demand for Bitcoin Is Surging Rapidly
Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund Grayscale, its products recorded an inflow of $1.4 billion in capital. The investment firm is best known for the Grayscale Bitcoin…
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Apple Notes Blockchain Guidelines in Recent SEC Filing
Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15.In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for its…
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US state dept urges El Salvador to be ‘responsible’ about Bitcoin adoption
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. 354 Total views 1 Total shares The U.S. Department of State’s Under Secretary of State for Political Affairs Victoria Nuland said El Salvador should ensure Bitcoin is well regulated…
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Venture Studio Invests $3 Million in Crypto Firm First Digital Trust
A Taiwanese venture studio just became the new lead investor for a Hong Kong-based crypto custodian following a multimillion dollar investment this week.Nogle announced yesterday they had given $3 million to First Digital Trust (FDT), the digital asset arm of Legacy Trust. The investment is intended for the financial custodian to develop its own crypto…
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Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion
In its statement, Microsoft will collaborate with Malaysia to establish a national AI Center of Excellence and enhance cybersecurity capabilities.
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Bitcoin hits $100K: Why BTC price hit a new all-time high
Bitcoin has set a new all-time high of $104,000 on Coinbase, setting the cryptocurrency loose into price discovery — so where is it heading next?
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Iran: Central Bank Will Consider Expert Input Before Enacting Crypto Regulations
Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29.The same day, the Central Bank of Iran reportedly uploaded plans for its approach to cryptocurrency regulation on its official website. The bank said it plans to discuss the rules at…