The United States Department of the Treasury (USDT) in a recent video conference on December 7 press release said that the finance ministers of the G7 countries had strongly supported the regulation of cryptocurrencies. The meeting, which was attended by…
Hauck & Aufhäuser, one of the oldest traditional banks in Germany, boarded the cryptocurrency adoption train with the crypto funds that will be launched in early 2021. As per Fundview, Hauck & Aufhäuser will release a crypto fund in January…
S&P Dow Jones Indices, a division of financial data provider S&P Global Inc., said Thursday that it would launch cryptocurrency indices in 2021. It is the latest major financial institution to enter the new asset class. The companies claim that…
The oldest and largest bank of Mangolia will start offering crypto services including custody, remittance, crypto deposits, crypto loans, and crypto-asset management reported on 30 October 2020. The country Mangolia continues to make crypto-friendly steps for the adoption of crypto in…
Now the Iran has become the first country in the world to use Bitcoin legally for value exchange for imports/exports with other nations. The Iranian Cabinet has amended legislation to redirect cryptos into the Central Bank of Iran’s funding mechanisms…
More than $300 billion investment banking giant, JPMorgan is bullish on Bitcoin and called the long term upside potential of Bitcoin reported on 25 October 2020. It is expected that this positivity usually comes after the world’s largest online payment company Paypal announced to…
World famous USA-based online payment company PayPal Holdings Inc is now doing meetings in order to buy crypto companies like Bitgo inc. after announcing the Bitcoin payment support on their platform or wallets reported on 22 October 2020. In 2018, BitGo…
Fidelity Digital Assets, a cryptocurrency subsidiary of mutual fund giant Fidelity Investment, takes a chance on how trillions of dollars flow into Bitcoin. As per the current director of research Ria Bhutoria, there are many hopes that Bitcoin will most…
The news site Al-Monitor reported last week that many Egyptians were being drawn to Bitcoin because of the economic crisis and resulting unemployment. The increase in the number of community members is a result of the financial situation in Egypt,…
The Venezuelan National Superintendent of Crypto Assets has issued its first official statement, thus regulating all cryptocurrency mining activities and other related activities. Therefore to qualify and to continue doing such exercises, miners must meet specific requirements. As per the…
Major crypto exchange Zebpay has subsequently launched advertisements for bitcoin in Indian Premier League (IPL) cricket matches hosted via OTT platform Hotstar. According to Twitter user Mohit Rai Sharma, the ads have appeared on Disney + Hotstar broadcaster in India…
Hashdex, a regulated Brazilian fund manager, has agreed with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX). The stock exchange announced on September 18 that it had approved the Hashdex Nasdaq…