Citi Bank To Testrun BTC Custodian Services For Investors

Recent announcements indicate Citi will partner with METACO on a new custodian project. Citi announced on June 22nd that it ant to test run its crypto custodian capabilities.  With this partnership, both firms will combine their technological platforms. METACO will provide its digital and technology solutions. Then Citi would use its wide custody network. The […]

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Huobi Exchange Secures License In New Zealand And Dubai

According to reports, major crypto trading platform, Huobi has secured more operating licenses. The crypto firm has now expanded to Dubai and New Zealand.  On June 17th, Huobi Group obtained an Innovation License to operate in Dubai. This was after registering with the Dubai International Financial Centre (DIFC).  Lily Zhang, the Chief Financial officer of […]

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MicroStrategy’s BTC Investment Records Over $850M Loss

In recent months, instability has plagued the crypto sector. Digital currencies continue to rise and fall, causing panic across the crypto community.  Last week, it appeared the crypto market had regained stability. Several analysts believed the crypto market was gearing up for a bullish movement. Unfortunately, that is far from the truth. Today, June 13th, […]

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Lithuania To Ban Anonymous Crypto Wallets After EU Regulation

The EU’s latest decision to restrict the usage of non hosted wallets appears to be taking effect. A state in Europe has taken the first step to outlaw non hosted crypto wallets. Lithuania Moves To Ban Anonymous Crypto Wallets The government of Lithuania has taken steps to tighten its crypto regulations. The government made a […]

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Crypto Law under Brazilian Congress’s Consideration

Brazilian National Congress is considering a proposed law which is on the subject of crypto and intends to collect revenues in the form of “taxes” against crypto transactions, however, the law has become a hot debate because it provides for a certain timeframe within which the legislation will automatically start imposing taxes upon crypto, subject […]

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Ban May Be Imposed Upon Asset Managers in Thailand, Including Crypto Custodians

While the Securities & Exchange Commission (SEC) of Thailand wants to amend certain laws for ensuring “investors’ protection”, there is a chance that during the process, crypto custodians would witness a ban debarring them to further sublet the investors’ assets for monetary gains. SEC, for this very purpose, has engaged with the public in a […]

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Woori Financial – A South Korean Bank Ambitious For Rendering Crypto Custodial Services

One of the largest banking groups in South Korea namely Woori Financial Group has decided that it will start offering crypto custodial services to interested customers. For the purposes of ensuring crypto custodial services, Woori has become partners with Coinplug – a renowned blockchain company of South Korea. With Woori joining the crypto space, there […]

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PayPal’s Purchase Of Curv Is Bosting The Fortunes Of CRV

The cryptocurrency space continues to get the attention of many outside the space as its popularity continues to increase. Many technology companies, financial firms, and investment outfits continue to flirt around the space in a bid to get involved in the booming market. However, payment giants- PayPal is one of the few outsiders who have […]

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Coinbase Holds 11% Of Entire Crypto Market Cap

A new report by Messari has shown that San Francisco-based crypto exchange, Coinbase is now one of the heavyweights of the crypto market after its recent findings. The analysis platform in question, Messari, is regarded as one of the most accurate in the world churning out up-to-date statistics after firms’ statistics. In this new report, […]

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