CRYPTOASSETS
Germany to Permit Institutional Funds to Invest Billions in Crypto Assets for the First Time
The German administration is set to green-light legislation on Monday, which will permit institutional funds to invest as much as 20% in crypto assets like Bitcoin.
All Crypto Assets Correlation Meets Greater Than 60% with Bitcoin
The correlation between Bitcoin and other cryptoassets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Messari Crypto researcher Mira Christianto.
What’s Different About Cryptocurrencies This Time Around?
Even people who haven’t been paying all that much attention to the markets over the last several months are likely aware that cryptocurrencies are one of, if not the hot investment topic.
OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets
BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.
Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Russian Prime Minister Calls for Civilized Approach to Crypto Regulation
Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.
Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets
Chainalysis has launched an asset realization program intended to assist government agencies with monitoring and storing seized crypto assets.
Ripple CEO Hints at Firm's Likely Move from US after DOJ Report
Ripple's Chief Executive Officer has hinted that unfavorable regulations may force the company to relocate its headquarters out of the United States.
University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally
The University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019
Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.
Kraken Brings Crypto Asset Liquidity to Skrill and Neteller
Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.
Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill
The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.
Binance to Launch UK Crypto Exchange to Meet Client Demand
Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.
Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets
Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.